The United States does not extend the sanctions waiver on Russian oil. Peskov: It was expected.

On the 16th local time, Russian President's press secretary Peskov responded to the US Treasury Secretary's decision not to extend the exemption for Russian oil sanctions by stating that Russia had already anticipated this. Peskov said that Russia has been living under illegal sanctions for many years and has learned to minimize the impact. Peskov also revealed that during an economic meeting held on the 15th, Russian President Putin stated that the country's GDP had declined by 1.8% in the first two months of the year and requested specific proposals to boost the economy from the participants. US Treasury Secretary Mnuchin stated on the 15th that the US would not extend the waiver that had previously allowed for the purchase of certain Russian and Iranian oil without facing US sanctions.