Updated
Updated · Bloomberg · May 18
Ukraine Questions US Russia Oil Sanctions Stance After Waiver Expires on May 18
Updated
Updated · Bloomberg · May 18

Ukraine Questions US Russia Oil Sanctions Stance After Waiver Expires on May 18

7 articles · Updated · Bloomberg · May 18
  • Serhiy Marchenko said on May 18 that Ukraine still does not know what to expect from the US on Russian oil sanctions.
  • Washington's waiver allowing purchases of Russian crude has expired, but Kyiv said that step has not clarified the broader US position.
  • Marchenko told reporters the US approach remains uncertain and that Ukraine is still watching how the situation develops.
  • The ambiguity leaves Kyiv without a clear signal on whether Washington will tighten pressure on Russian oil flows or keep room for continued purchases.
With Russian oil revenue soaring, can the West plug sanctions loopholes without triggering a new global energy crisis?
As Russia's oil sells for double the G7 price cap, is this key Western sanction now completely obsolete?