Bessent said no new Russia oil sanction waivers, then issued a new Russia oil sanctions waiver

April 18, 2026

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Announcement: general licenses for Russian and Iranian oil will not be renewed

Announcement

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A meeting participant announced that the general licenses covering transactions in Russian and Iranian oil will not be renewed, declaring that both the Russian and Iranian general licenses "will not be renewed." The comment was delivered as a brief policy statement and was not followed by questions, clarification, or attribution to a specific agency or official in the transcript.

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A meeting participant announced that the general licenses for Russian and Iranian oil will not be renewed. The transcript contains only a brief, unattributed policy statement repeated across four short segments, followed by music; no speaker identity, agency, vote, or further context is provided.

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Transcript

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