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The Economic Times

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US waiver unlikely to lift Russian oil exports already near capacity

The US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure is already at its limit, with recent Ukrainian strikes pushing more crude to export markets. Elevated export levels are crucial for Russia to maintain production, but capacity is nearing its peak, suggesting limited room for further increases.

20 May 2026 4:24 pm