US Treasury Lets Sanctions Waiver on Russian Oil Expire, Tightening Global Supply

Bitcoin

The move comes amid heightened geopolitical tension over Russian energy exports and a fragile global oil supply. If sanctions enforcement loosens, it may reduce immediate energy‑price spikes, tempering inflation fears that have been a key driver of crypto’s “safe‑haven” narrative. At the same time, any escalation (e.g., a U.S. naval response) would reignite risk‑off flows, amplifying crypto’s correlation with broader market fear metrics.

A Russian oil tanker entered Cuban waters carrying 730,000 barrels of crude, and President Donald Trump downplayed its significance.