U.S. Extends Sanctions Waiver on Russian Oil to Aid Vulnerable Countries

International Trade attorney Stephanie Connor was quoted in a Reuters article examining the U.S. Department of the Treasury's decision to extend a sanctions waiver allowing limited purchases of Russian seaborne oil to support energy‑vulnerable countries. The article explored how the new general license aims to address global supply disruptions while raising broader policy and market questions, including its effectiveness in reducing fuel costs and stabilizing energy markets. Ms. Connor provided insight on the limited domestic impact of these temporary measures, noting that broader international sanctions frameworks, such as British and European restrictions on Russian oil purchases, remain in place.

"It is not yet clear whether these short-term authorizations have had any meaningful impact on U.S. gasoline prices," she commented.

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