U.S. Grants Temporary Waiver for Countries to Buy Russian Oil Stranded at Sea

The United States has issued a temporary waiver allowing countries to purchase certain Russian oil shipments currently stranded at sea, a move aimed at easing rising global oil prices.

The development was disclosed by Scott Bessent in a statement shared in the early hours of Friday, March 13, 2026, on his X account.

According to the statement, the waiver applies specifically to oil of Russian origin that is already in transit across global waters but unable to reach buyers due to existing sanctions and geopolitical disruptions.

The decision is seen as a temporary measure to stabilize the global energy market and prevent further spikes in oil prices amid ongoing tensions involving Russia.

Energy analysts say the waiver could help reduce supply pressure in the international market by allowing stranded cargoes to reach buyers instead of remaining stuck at sea.

However, officials emphasized that the waiver is limited in scope and only applies to shipments that were already in transit before the announcement.

The move highlights the continued global struggle to balance sanctions with the need to maintain stable energy supplies.

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