The Ovo Office

Political commentary and faux “what would I do” decision making coming from the Ovo Office based on real events.

Trump Extends Russian Oil Sanctions Waiver to May 16
Latest April 18, 2026 · 3:39 AM Economy, Foreign Affairs, Defense

Trump Extends Russian Oil Sanctions Waiver to May 16

The Trump administration on Friday extended a waiver on sanctioned Russian oil and petroleum products, reversing its earlier stated position not to do so. A Treasury license allowing countries to purchase Russian oil was extended through May 16, amid ongoing Iran war tensions.

What the President did: The Trump administration extended a sanctions waiver on Russian oil and petroleum products through May 16, contradicting a recent Cabinet official statement that the U.S. would not be granting such an extension.

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