Global Economy — 2026-04-10
Russian Oil Sanctions Waiver Set to Expire April 11; Asian Nations Press for Extension
A 30-day US Treasury waiver allowing countries to purchase sanctioned Russian oil at sea expires April 11. India and the Philippines are among nations urging extension. Treasury Secretary Bessent met Trump on Thursday, with both agreeing extension was warranted. The waiver, issued after a Trump-Putin call on March 9, effectively superseded the
Analysis
Extending the waiver effectively subsidizes Russia's war economy during the exact period when Ukraine's casualty data shows Russian recruitment is failing. Three converging threads, Dmitriev in Washington,Islamabad talks , and waiver expiry, create a 48-hour diplomatic window where concessions on one front may be traded against another.
Extending the waiver effectively subsidizes Russia's war economy during the exact period when Ukraine's casualty data shows Russian recruitment is failing. Three converging threads, Dmitriev in Washington,
3 sources
- April 11 Countdown: Will the US Renew Russia Oil Sanctions Relief After the Iran Ceasefire? -
Kyiv Post - Sanctions waivers on Russian and Iranian oil are set to expire. Here's what Trump should do next. -
Atlantic Council - US Considers Extending Russian Oil Waiver as Prices Spike During Iran Conflict -
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