The claim
“The US Treasury Department's license permits countries to purchase Russian oil and petroleum products that are already loaded onto vessels until May 16.”
Our verdict
Mostly True
The US Treasury Department's General License 134B indeed permits the delivery and sale of Russian oil and petroleum products that were already loaded onto vessels, with the waiver extending until May 16.
What we found
This was confirmed by multiple news outlets reporting on the Treasury's decision.
The evidence
3 sources, all background: none settles the claim either way.
- Background
The US Treasury Department's Office of Foreign Assets Control (OFAC) released General License 134B, authorizing transactions tied to Russian crude and petroleum products loaded onto vessels as of April 17. The waiver runs through May 16 and replaces a previous license that expired on April 11. This indicates that oil already loaded could be delivered and sold.
rferl.org· Treasury Department issued General License 134B allowing delivery of Russian oil loaded as of April 17 through May 16. - Background
The Treasury Department's waiver lets countries purchase Russian oil and petroleum products loaded on vessels as of April 17 through May 16. It replaces a 30-day waiver that expired on April 11.
aol.com· US Treasury renewed waiver for Russian oil at sea until May 16. - Background
The U.S. Treasury Department on Friday extended its pause on sanctions on Russian oil shipments, meaning U.S. sanctions will not apply for 30 days on deliveries of Russian oil that has been loaded on tankers as of Friday. The extension covers oil loaded through May 16.
apnews.com· Waiver allows deliveries of Russian oil loaded as of Friday through May 16.
How we checked
We reviewed 3 relevant sources.
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