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Strait of Hormuz crisis Sanctions Tankers and Gas

Third US waiver set to further open Russian oil market to mainstream buyers

  • US Treasury issues third 30-day waiver on Russian oil to help stabilise markets amid Hormuz crises
  • Japan resumes Russian crude imports with sanctioned tanker Voyager delivering Sakhalin Blend to Taiyo Oil
  • China’s Russian oil imports tumbled as India ramps up purchases and prices rise to $100 per barrel

  • News

US sanctions waivers are drawing mainstream buyers like Japan back to Russian oil, reshaping trade flows as China retreats and India emerges as the top buyer

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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