A temporary U.S. sanctions waiver allowing for the sale and delivery of Russian seaborne crude expired this weekend, marking the second time Washington has let the relief measure lapse without clarity on a renewal.

The United States has not issued an order extending authorisation to buy Russian oil after the sanctions exemption expired on 16 May.

The Trump administration let a waiver for Russian oil sales expire. This happened even as the Iran war caused worries about global oil supplies and rising fuel costs. The move…

The waiver expired one day after Sens. Jeanne Shaheen (D-NH) and Elizabeth Warren (D-MA) said it was helping Russia generate oil revenue