The United States has extended a temporary authorization that allows the purchase of Russian crude oil already loaded onto tankers, giving global markets another month of limited flexibility as energy supply pressures continue.

The license, which had expired on May 16, has now been renewed for 30 days. It was originally introduced in April as a short-term measure aimed at preventing sudden disruptions in global oil flows, especially at a time of rising geopolitical tension affecting energy routes.

Officials say the extension is intended to help steady the physical oil market and reduce the risk of sharp price increases that could affect both importing and exporting countries. The arrangement allows certain oil cargoes already in transit to be completed despite broader sanctions restrictions on Russia.

U.S. authorities have also been in talks with several oil-producing countries, particularly in the Middle East, following concerns over disrupted shipments linked to instability around key shipping corridors.

According to reports, more than ten countries have requested continued exemptions or relief measures related to Russian oil exports, highlighting ongoing demand for flexible arrangements as global supply chains adjust.

U.S. Treasury Secretary Scott Bessent said temporary licenses remain an important part of sanctions policy, helping to maintain pressure on Russia while avoiding extreme shocks in global energy prices.

The decision comes as policymakers continue to balance enforcement of sanctions with efforts to keep energy markets stable, especially for countries dependent on consistent crude oil imports.