The Trump administration has extended a waiver allowing the purchase of Russian oil and petroleum products for nearly one more month. The decision, announced by the US Treasury Department, aims to help control soaring global energy prices. According to a document posted on the department’s website, ships loaded with Russian oil by Friday can be purchased until May 16. The previous 30-day waiver expired on April 11, and the new extension renews that permission.

Reuters reported that US Treasury Secretary Scott Besent stated Washington will not renew the sanctions on Russian oil purchases after this period. Earlier, Russian presidential envoy Kirill Dmitriev said the initial waiver had enabled about 100 million barrels of Russian crude to enter the market.

The move reflects Washington’s attempt to balance sanctions enforcement with global energy stability, as the temporary relaxation could ease supply pressures in the international oil market.