US treasury chief rules out renewal of US waivers for Iranian and Russian oil

By Reuters

Published April 25, 2026 9:13am

An oil storage tank of Russian oil pipeline monopoly Transneft is pictured at the Baltic Sea port of Ust-Luga, Russia February 26, 2018. REUTERS /Vladimir Soldatkin/ File photo

WASHINGTON - US Treasury Secretary Scott Bessent has ruled out renewal of Washington's waivers for Iranian and Russian oil, he told the Associated Press in an interview on Friday. —Reuters

US treasury chief rules out renewal of US waivers for Iranian and Russian oil

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