On 18 April the US Treasury issued its second 30-day permission covering Russian crude already loaded for Cuba, protecting the Sovcomflot tanker Universal and every company involved in its voyage from US financial penalties through 16 May.
Two consecutive extensions covering the same supplier follow the exact pattern Treasury used in its 2018-19 Iran waivers before enforcement finally bit. Shipping and insurance markets are now pricing the GL 134 sequence as a renewable carve-out, not a one-off exception.
