Maritime & Logistics

Treasury Extends Russian Oil Waiver as Hormuz Crisis Tightens Global Supplies

Low Severity Global
Date Occurred May 18, 2026 17:51 UTC
Event Type Maritime & Logistics
Source gCaptain
Recorded May 18, 2026
Full Description

U.S. Treasury Secretary Scott Bessent announced Monday that the Treasury Department is issuing a temporary 30-day general license allowing “the most vulnerable nations” to access Russian oil cargoes c

Original Source
https://gcaptain.com/treasury-extends-russian-oil-waiver-as-hormuz-crisis-tightens-global-supplies/
Event Metadata
  • ID #2025
  • Type Maritime & Logistics
  • Region Global
  • Severity Low
  • Indexed May 18, 2026
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