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U.S. Weighs Sanctions Waiver Amid Rising Oil Prices

4/10/2026

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Story summary
  • The U.S. waiver on Russian oil sanctions expires on April 11, potentially tightening oil flows.
  • Russia benefits from the Middle East conflict, earning approximately €510 million daily from oil exports.
  • The U.S. may extend the waiver due to rising oil prices.
  • The Kremlin welcomes a ceasefire in Iran, hoping to revive Ukraine peace talks.
  • Critics warn that easing sanctions could strengthen Russia amid its ongoing aggression in Ukraine.