The United States has issued temporary Russia sanctions relief for a third straight month, extending a waiver allowing the sale of Russian oil.

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 Russian oil sales waiver expire, then reversed course days later. Here's why crypto traders are watching the May 16 deadline.

The waiver temporarily lifts sanctions on Russian oil for 30 days.