US sanctions on Russia oil flip-flop

The Trump administration's policy on Russian oil sanctions has been inconsistent, with sanctions imposed in October, waived in March, and then restored in April. Energy Secretary Wright now indicates that the sanctions waiver for Russian oil is unlikely to be renewed, suggesting a potential tightening of US restrictions. This move could impact global oil markets and Russia's export revenues, which recently surged due to higher prices. The decision reflects ongoing US efforts to pressure Russia amid geopolitical tensions.