US waiver on Russian oil sanctions expires on 11 April — Will US extend the relaxations amid talks with Iran?

What Happened

A US waiver allowing purchases of Russian oil expires April 11. Ukraine's President Zelensky demands sanctions be reimposed, citing a potential US-Iran ceasefire opening the Strait of Hormuz. Russia's envoy is in the US discussing peace talks. Experts debate whether extending the waiver helps Russia economically while providing minimal global oil price relief.

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