Shared from twixb · semafor.com

Western nations let Russia in from the cold

semafor.com·May 20, 2026

Due to energy price spikes from the Iran war, Western countries are easing sanctions on Russian oil, with the US extending waivers and the UK softening restrictions on jet fuel. However, the Kremlin may struggle to capitalize on these changes due to damage from Ukrainian drone attacks affecting oil infrastructure.

Western countries are adjusting their stance on Russian energy imports due to energy price spikes from the Iran conflict, with the US extending oil waivers and the UK easing sanctions. Despite these shifts, Russia may find it challenging to capitalize on this opportunity due to infrastructure damage and capacity limits. This suggests a temporary geopolitical recalibration, with potential implications for global energy markets and supply chain resilience, especially amidst ongoing geopolitical tensions.

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