US Treasury allows sanctions waiver on Russian seaborne oil to lapse
Crypto Briefing
The US Treasury has let General License 134B expire, closing a key sanctions loophole for Russian seaborne oil shipments.Summary
The US Treasury allowed General License 134B, which permitted the delivery of Russian-origin oil loaded before specific deadlines, to expire on May 16, 2026. This move follows a broader strategy to constrict Russia's energy revenue by limiting financial and shipping channels. With global oil supply chains already strained by disruptions in the Strait of Hormuz, the lapse of this waiver adds further pressure to the energy market. Analysts are monitoring the situation to see how export volumes respond and whether geopolitical stress leads to increased interest in non-sovereign assets like Bitcoin as a hedge.
(Source：Crypto Briefing)