An April 2026 housing report by Highland Cabinetry highlights a growing affordability crisis across major American cities, revealing that the true cost of housing goes beyond total price and is better understood through the lens of cost per square foot. By analyzing home prices, rental costs, and average property sizes across 40 large cities, the study shows where Americans are paying the most for the least amount of living space. This approach offers a clearer picture of value, emphasizing how much space residents actually receive for their money rather than just the overall cost of buying or renting a home.

At the center of this trend is San Francisco, which ranks as the most expensive housing market in the country for both buyers and renters. Homebuyers in the city pay more than $1,000 per square foot on average, with a typical home costing around $1.24 million for just over 1,100 square feet. Renters face similar challenges, with average monthly rents exceeding $3,500. Despite these high costs, the amount of space available remains limited, meaning residents often pay a premium for relatively small living areas. This imbalance between price and space has made San Francisco the clearest example of how housing value has eroded in dense urban markets.

Just behind San Francisco is San Jose, which actually surpasses it in terms of price per square foot for homebuyers. In San Jose, the average cost exceeds $1,200 per square foot, pushing typical home prices to around $1.4 million. The rental market is similarly expensive, with monthly costs rivaling those in San Francisco. These high prices are largely driven by strong demand tied to the region’s technology sector, where high salaries continue to fuel competition for limited housing supply. As a result, even relatively modest homes command exceptionally high prices.

On the East Coast, New York City presents a different kind of affordability challenge. While the cost per square foot to purchase a home is significantly lower than in California’s top markets, rental prices are the highest in the nation, averaging more than $3,600 per month. Apartments in New York also tend to be smaller than those in other cities, which means renters often pay more per square foot than they would in San Francisco. This creates a situation where buying may appear more attainable on paper, but renting remains financially burdensome for a large portion of the population.

Other major cities such as San Diego, Boston, and Los Angeles also rank among the least affordable when measured by space value. In these markets, home prices remain high while property sizes vary, resulting in elevated costs per square foot that continue to strain both buyers and renters. California in particular stands out, with multiple cities appearing in the top rankings, reflecting a broader statewide issue driven by housing shortages, population demand, and long-term price growth.

The report attributes much of the current situation to economic conditions that emerged during the COVID-19 pandemic. Historically low interest rates made borrowing more accessible, encouraging a surge in homebuying activity. This increased demand led to intense competition, rapidly driving up prices across the country. Although interest rates have since risen, housing prices have remained elevated, leaving many Americans priced out of homeownership and facing high rental costs instead.

One of the most significant social impacts of these trends is the shift in living arrangements among younger adults. In cities like New York and San Francisco, it has become increasingly common for professionals to share apartments well into their 30s in order to manage costs. While this may offer a short-term solution, it reflects a deeper issue within the housing market, where affordability challenges are reshaping expectations around independence, space, and long-term living.

Ultimately, the findings of this study highlight a critical reality about housing in modern America. The issue is no longer just about how much people pay, but about how little space they receive in return. As urban populations continue to grow and housing supply struggles to keep pace, the cost per square foot will remain a key indicator of affordability, shaping how and where people choose to live in the years ahead.

You can access the complete research findings here.

Authored by Bryan Hyde via American Greatness,

A pro-life father of seven whose Pennsylvania home was raided at gunpoint by the FBI under the Biden administration has been awarded a seven-figure settlement from the Department of Justice (DOJ).

Fox News reports that Mark Houck, a devout Catholic and pro-life activist, was arrested in 2021 by the FBI and prosecuted for violating the Freedom of Access to Clinic Entrances Act, or FACE Act.

The charges stemmed from an October 2021 incident that took place outside a Philadelphia, PA abortion clinic where Houck and his young son were accosted by a pro-abortion volunteer who harassed and yelled at the boy until Houck pushed the volunteer away.

A jury acquitted Houck in 2023; he and his wife then filed a lawsuit later that year alleging that the Biden DOJ had engaged in malicious and retaliatory prosecution, abuse of process, false arrest, and assault.

Houck’s lawsuit specifically accused the DOJ of what he called “a faulty investigation” and “excessive force” and the heavy-handed FBI raid on Houck’s home sparked widespread criticism of the Biden administration over accusations of targeting pro-life activists.

In 2023, Sen. Josh Hawley (R-MO) had sharp questions for then-Attorney General Merrick Garland over the FBI’s “unbelievable show of force” in the raid.

Sen. @HawleyMO destroys Garland Mark Houck arrest: “You used an unbelievable show of force with guns, that I just note, liberals usually decry. We’re supposed to hate long guns and assault-style weapons, you’re happy to deploy them against Catholics and innocent children.” pic.twitter.com/1xyK3ANEfP

— Media Research Center (@theMRC) March 1, 2023

According to Fox News Digital, the legal battle against the DOJ had dragged on for three years due to what Houck last year described as an “activist judge” who had blocked negotiations between Houck and the Trump-led Justice Department.

Last week, 40 Days for Life CEO Shawn Carney described the settlement as “a bigger victory for the pro-life movement at large,” as well as “a huge victory for free speech” and “a huge victory for all Americans who want our right to speak our minds peacefully in a law-abiding way without fear of our own government.”

Carney also credited President Trump for reining in federal overreach, saying that the pro-life movement had received “so much persecution from the DOJ under Biden” and expressed gratitude that “President Trump has corrected that.”

The DOJ released a report this week concluding that the Biden administration “shattered the public’s trust by weaponizing the FACE Act to advance a pro-abortion agenda.”

TODAY: The Justice Department’s Weaponization Working Group published a report detailing the Biden Administration’s weaponization of the Freedom of Access to Clinic Entrances (FACE) Act.

“This Department will not tolerate a two-tiered system of justice,” said Acting Attorney… pic.twitter.com/oXV9Y7EirO

— U.S. Department of Justice (@TheJusticeDept) April 14, 2026

What makes a country “polite”—and which ones stand out globally?

A new survey of over 4,600 respondents by Remitly reveals a clear frontrunner.

Japan alone captured more than 35% of all votes, far ahead of every other country on the list.

As Visual Capitalist’s Gabriel Cohen shows in the chart below, the ranking highlights how perceptions of politeness vary worldwide, while also revealing strong regional patterns across Europe and Asia.

Perceptions of politeness can shape everything from tourism experiences to international business relationships.

For travelers, these rankings often influence expectations around etiquette, hospitality, and day-to-day interactions abroad.

Japan: The World’s Clear Favorite

Japan stands far ahead of every other country, capturing 35.2% of all votes—nearly three times more than second-place Canada. No other country breaks even 15%, underscoring just how dominant Japan’s reputation is globally.

Japanese culture is famous for its high emphasis on respect, etiquette, and social harmony. The country’s blend of tradition and recognizable cultural exports has helped it become well-regarded nearly everywhere.

Certain traits associated with local culture no doubt contribute to the Japanese people’s reputation of politeness, including the value placed on cleanliness and punctuality.

Beyond this, citizens of other countries may be surprised when encountering Japanese bowing, a way of conveying respect, as well as other unique elements such as relative silence on public transit within the country.

Canada’s High Respect Premium

Canada ranks second with 13.4% of the vote—less than half of Japan’s total, highlighting the gap between first place and the rest of the field.

The sprawling North American country has been deemed the most respected country worldwide by one measure, while Canadians have long been known as some of the friendliest people on the globe.

Canada’s hospitality and civility has boosted the country’s reputation for politeness, both in dealings with each other and with people from other countries. This has been reinforced in some corners by the country’s relative contrasts with its southern neighbor, the United States, which obtained just over a tenth of the share of votes (1.6%) of Canada.

Europe’s High Prevalence of Politeness

After Canada, the United Kingdom ranks third at 6.2%, leading a strong European showing. In total, European countries make up more than half of the top 25—suggesting that politeness, as perceived globally, is strongly associated with the region.

Northern Europeans appear to fare better than their peers across the Old Continent, with the UK joined in the top 10 by Germany (2.8%) and Nordic countries like Sweden (2.3%), Denmark (2.1%), and Finland (1.9%).

In contrast, Asian countries nabbed a fifth of the spots on the list, while Africa was home to only one country in the top 25: South Africa, which at 1.8% of all votes cast landed at the 10th position worldwide.

If you enjoyed today’s post, check out The Best Countries For Culture & Heritage, As Determined by the People on Voronoi.

Authored by Luis Cornelio via HeadlineUSA,

California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds.

FILE – California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File)

The book, published March 10 and centered on Newsom’s upbringing in California, has reportedly sold 97,400 copies since its release. Of those, 67,000 were purchased by Newsom’s Campaign for Democracy Committee through a donation-for-book scheme,

The leftist New York Times reported Friday that the PAC urged supporters to make donations in exchange for a copy of the book, effectively turning each contribution into a guaranteed sale.

Critics described the setup as a potential money-laundering scheme, with the super PAC purchasing copies from its publisher Porchlight Book Company for every donation, regardless of the amount.

“Make a contribution of ANY AMOUNT today and I will send you a copy,” Newsom reportedly wrote in an email pitch.

In total, Newsom’s PAC spent $1,561,875 on the effort.

This might not be the book people expected me to write.

It’s about something universal — the messiness of becoming who we are.

Young Man in a Hurry is out February 2026.

Pre-order it here: https://t.co/WMGKrREIre pic.twitter.com/OtB0MlcFSf

— Gavin Newsom (@GavinNewsom) December 9, 2025

Defending the arrangement, Newsom spokesperson Nathan Click said the governor did not receive royalties from those purchases.

“Our goal was to deepen the relationship between him and the millions of folks who have already expressed support for Governor Newsom’s work. And as it turns out, the tactic more than paid for itself,” Click claimed.

Critics questioned the ethics of the program, with some suggesting it may have influenced Porchlight Book Company’s advance for Newsom’s 2026 book.

It remains unclear how much Newsom received as part of that advance. In 2019, however, he was paid $125,000 by Penguin Random House for Ben and Emma’s Big Hit, a children’s book.

A spokesperson for Newsom did not immediately respond to Headline USA’s request for comment regarding the advance for his latest book.

Steve Hilton’s on it! This is basically money laundering. Newsom writes a book, his PAC uses campaign donations to buy his books. He makes money on the royalties he gets back. His book sales are artificially inflated making him look more legitimate on the presidential stage. So,… https://t.co/iswaAlFo8a

— Buzz Patterson (@BuzzPatterson) April 17, 2026

Authored by Robert Spencer via PJMedia.com,

Rep. Ilhan Omar (D-Mogadishu) has for some time now been the poster child not only for the legion of ungrateful, America-hating migrants, but for members of the House of Representatives who have become multimillionaires on a $174,000 annual salary. 

The latter in particular has brought her unwelcome scrutiny: In February, House Oversight Chairman James Comer (R-Ky.) announced that he was opening an investigation after two companies Omar’s husband owns jumped in value from $51,000 to $30 million in value in a single year. Now, however,

Omar is trying to make an end run around the whole investigation, and lessen the suspicion that she is a totally corrupt grifter, by claiming that the whole thing was a mistake. She and her hubby Tim Mynett don’t have $30 million after all.

It was all just an “accounting error,” you see. 

The Wall Street Journal reported Friday that while “an Omar disclosure filed last year showed she and her husband held assets of between $6 million and $30 million, a massive rise in wealth from her previous annual filing,” now “an amended filing” claims “the couple’s assets to be just $18,004 to $95,000. The forms don’t require exact values, only broad ranges.”

Man, that’s one massive accounting error. James Comer should find the error in itself worth looking into. Is Omar simply trying to cover something up? Or did she really hire the most inept accountants in the history of the world? 

The great solon herself was going with the inept accountant theory, and apparently wants us to believe that she has simply been too busy serving the people to concern herself with such mundane matters as a phantom thirty million dollars:

“Aides said that Omar looked at the form before it was filed in 2025, but that the error didn’t jump off the page for her because she isn’t involved with her husband’s businesses and she trusted the accuracy of the accountant who provided her husband’s figures.”

Omar spokeswoman Jacklyn Rogers claimed victory, saying:

“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire. The congresswoman amended her disclosures voluntarily as soon as the discrepancy was identified.”

Okay, great. She is as honest as the day is long. That’s wonderful.

And yet there is more.

Back in January, before Comer announced his investigation, the New York Times, which has generally been quite friendly to Omar, reported that “the Justice Department under the Biden administration opened an investigation into Representative Ilhan Omar, Democrat of Minnesota, in 2024 to scrutinize her finances, campaign spending and interactions with a foreign citizen, according to people with knowledge of the matter.”

The Biden administration! When one’s own leftist political allies open an investigation on you, you’re either guilty as sin, beyond all denial and stonewalling, or they’re looking for a way to jettison you without backlash or embarrassment. Either way, not a good look for the patriotic servant of the people from Mogadishu, Minnesota.

Omar and Mynett have also acted as if they had something to hide. The New York Post reported in Dec. 2025 that “embattled Rep. Ilhan Omar’s husband’s venture capital firm quietly scrubbed key officer details — including former Obama officials — as scrutiny grows over the family’s skyrocketing wealth.”

Mynett’s Rose Lake Capital firm “saw its reported value go from nearly zero in 2023 to between $5 million and $25 million in just a year, and touted its officers’ $60 billion in ‘previous’ assets under management — an amount many Wall Street money managers only dream of.” But once Rose Lake Capital started coming under scrutiny, it suddenly started become considerably more secretive than it had been: “Between September and October — when federal prosecutors announced charges against eight more individuals, including six of Somali descent, for their roles in the welfare scheme — the names and bios of Rose Lake Capital’s nine officers and advisers were removed from the website. None of them were charged in the fraud.”

The names that were removed included “lobbyist and former Obama Ambassador to Bahrain Adam Ereli; former Senator and Obama Ambassador to China Max Baucus; DNC Finance Chair associate Alex Hoffman; former DNC treasurer William Derrough; and former ex-CEO of Amalgamated Bank Keith Mestrich, who once described Amalgamated as “the institutional bank of the Democratic Party.”

If it was all just a misunderstanding based on an accounting error, why move to protect these people?

They had nothing to worry about, right?

Omar’s “accounting error” calls for as much of an investigation as the sudden jump in wealth she denies.

Andreessen Horowitz’s a16z New Media published the most popular charts of the week on financial markets, but the most revealing one came at the end of the note: a comparison suggesting that New York City’s first grocery store, which will soon be run by unhinged socialists, will be structurally less efficient than private-sector supermarkets. 

But who cares when it’s not taxpayer monies?

According to the New York Post, Mayor Zohran Mamdani’s proposed city-owned grocery store in East Harlem would require roughly $30 million in taxpayer funding.

At just 9,000 square feet, the project implies a construction cost of about $3,000 per square foot – an exceptionally and alarmingly high number by grocery industry standards. 

From an economic standpoint, the “Mamdani Mart” underscores a familiar pattern: state-directed supermarkets often fail to achieve the cost discipline, operational efficiency, and scale seen in private-sector chains.

This story has played out time and again in the U.S., as unhinged left-wingers have experimented with socialism:

“There’s No Nothing”: Empty Shelves, Rotten Odors Plague Gov’t-Funded Supermarket In Missouri

The end result is Cuba.

When taxpayer-funded stores fail, socialists will never blame themselves but will merely say they didn’t experiment hard enough.

Related:

Is There A “Cuba Connection” Behind The Radicalization Of America’s Nonprofit Left

Socialism is inherently parasitic, abusing productive taxpayers to subsidize left-wing experiments. It always tend to fail. Let’s not forget CNBC’s Sara Eisen blasted the far-left mayor after he filmed a promotional video touting a proposed new tax on luxury properties.

Authored by Jill McLaughlin via The Epoch Times (emphasis ours),

President Donald Trump announced April 17 that he expects his administration to begin releasing documents “very soon” related to extraterrestrial life and unexplained phenomena.

President Donald Trump walks toward reporters before answering questions prior to boarding Air Force One at Joint Base Andrews, Md., on April 10, 2026. Win McNamee/Getty Images

“As you remember, I recently directed the Secretary of War … to begin releasing government files relating to UFOs and unexplained aerial phenomena,” Trump told an audience in Phoenix, Arizona. “I’m pleased to report today … that this process is well underway and we’ve found many very interesting documents, I must say. And, the first releases will begin very, very soon.”

Trump made the remarks at an event with Turning Point Action, an affiliate of Turning Point USA.

The president ordered government agencies to release information about UFOs and related phenomena in a Feb. 19 Truth Social post. Tremendous interest in the files prompted Trump to issue the directive to release files related to alien and extraterrestrial life, he said.

The U.S. government holds thousands of documents related to historical reports about the subjects of unidentified flying objects and alien phenomenon, including more than 12,600 reports from Project Blue Book, which took place from 1947 to 1969. The public can already access some of the public records, photos, and sounds at the National Archives.

The buzz over revealing more evidence comes days after Artemis II made its historic voyage around the moon, stirring the public’s interest in space discovery.

Trump’s announcement, however, fell flat with UFO investigator Donald Schmitt, who said he had “very little hope” the documents would prove anything more than what has already been released to the public.

“They’re just documents,” Schmitt told The Epoch Times. “They don’t prove anything. We need to stop dancing around the idea that we want to see the files or documents. … I want to hold a piece of the hardware. I want to see a tissue sample. Take me to where you’re preserving the bodies after all these years.”

“That’s what this should come down to,” Schmitt said. “Otherwise this is just song and dance.”

Schmitt, a seven-time best-selling author whose first book was made into the made-for-TV movie “Roswell,” serves as lead investigator for the International UFO Museum in Roswell, New Mexico. He has spent decades researching the alleged crash of a UFO about 75 miles north of the rural southeastern town in 1947.

At the peak of the independent investigations into the Roswell incident, Schmitt said they had 150 eyewitnesses for government officials to interview, but no one was interested in talking with them, he said.

“We have 30 deathbed confessions. They’re not interested,” Schmitt said about the government investigators.

The International UFO Museum in Roswell, New Mexico, tells the story about the 1947 UFO crash that eyewitnesses say happened 75 miles away from the southeastern city. Jill McLaughlin/The Epoch Times

He said he hoped he was wrong about the upcoming release of information, but it seemed to be generating a lot of confusion.

“I’m always cautious of people who speak as though they have any answers or they refer to themselves as experts, especially on this topic,” he added. “I can’t emphasize enough, there is no such thing as an expert on UFOs.

“The mystery continues.”

Secretary of War Pete Hegseth told reporters Feb. 23 he was already working on getting the documents in order.

Gen. John “Jay” Raymond (L), Commander of U.S. Space Command, and Chief Master Sgt. Roger Towberman (C) hold the Space Force Flag as President Donald Trump gestures to it during the presentation in the Oval Office of the White House in Washington on May 15, 2020. AP Photo/Alex Brandon, File

“We’ve got our people working on it right now,” Hegseth said. “We’re digging in. We’re going to be in full compliance to be able to provide that for the president.”

Hegseth didn’t have a time frame for when he would be able to provide the documents. He didn’t say whether he believed aliens existed, but Vice President JD Vance weighed in on his thoughts about the unknown beings in an interview with conservative political commentator Benny Johnson on March 27.

“When I came in, I was obsessed with the UFO files,” Vance said. “I have not been able to spend enough time on this to fully understand it. I’m going to get to the bottom of it.”

Vance elaborated on his beliefs about extraterrestrial beings.

“I don’t think they’re aliens,” Vance said. “I think they’re demons anyway, but that’s a long discussion.”

Senators Mike Lee (R-UT) and Dave McCormick (R-PA) introduced the Nuclear Energy Innovation and Deployment Act (NEIDA) on April 14th, presenting what could be one of the most significant regulatory shifts for U.S. nuclear power in decades. 

The legislation would expand the DOE’s authority to license and regulate commercial reactors and fuel-cycle facilities when sited on federal land or built for federal purposes, including electricity supplied to federal power marketing agencies. 

The United States should lead the nuclear energy renaissance, not watch it from the sidelines.

My Nuclear Energy Innovation and Deployment Act with @SenMcCormickPA will help power America’s future. https://t.co/X8mOPRlMIT

— Mike Lee (@SenMikeLee) April 14, 2026

It would also create a permanent Nuclear Energy Launch Pad program to streamline demonstration projects on DOE and National Lab sites, with a built-in path to commercial operations under DOE oversight rather than the traditional NRC bottleneck.

Under current rules, even projects on federal property like Idaho National Laboratory (INL) typically require full NRC licensing if they want to be used for commercial purposes. NEIDA flips that script. Commercial reactors and related fuel facilities on qualifying federal sites could operate under DOE authority, complete with Price-Anderson liability protections. 

The bill also repurposes surplus plutonium as reactor fuel through a milestone-driven program, turning a liability into domestic supply while federal power marketing administrations gain explicit authority to purchase and transmit nuclear-generated electricity.

The centerpiece is the Nuclear Energy Launch Pad, which would designate secure federal zones (primarily on DOE and National Lab land) for private companies to test and demonstrate advanced nuclear technologies. Private entities pay the bill, but gain infrastructure support and regulatory certainty. After demonstration, projects could transition seamlessly to commercial operation under DOE licensing. 

As we have covered in recent reporting on surging nuclear interest, this framework directly addresses the “valley of death” between pilot and full deployment that has stalled U.S. progress while China and Russia build out capacity at pace.

Take Oklo’s Aurora powerhouse already under construction at INL. The company received DOE approval for its Nuclear Safety Design Agreement (NSDA) in March 2026 under the existing Reactor Pilot Program. If NEIDA made that pathway permanent and explicit, Oklo could complete testing and iteration under DOE oversight, then secure a commercial operations license directly from the agency without restarting with the NRC. The shift would provide exactly the certainty developers have long sought.

The bill could also create a natural bridge to the Genesis Mission, DOE’s flagship AI and energy-dominance initiative. Genesis is already pushing co-location of data centers on federal land with advanced nuclear power to meet exploding AI-driven power demand. Under NEIDA, reactors licensed and operated by DOE on those same sites could enter straightforward commercial offtake agreements to supply Genesis-linked data centers. 

The Launch Pad’s streamlined DOE process, combined with existing experience, could compress timelines dramatically. Consider an AP1000 reactor announced for a federal site: from initial filing to full commercial license, the bill’s framework suggests a matter of months rather than the multi-year NRC odyssey that has become standard. 

If enacted, NEIDA does not overhaul the entire NRC system. It would simply carve out a fast lane on federal real estate. In an era of record electricity demand from AI and manufacturing, that lane may prove decisive.

Authored by Jacki Thrapp via The Epoch Times,

The Trump administration confirmed on April 17 that it was working with the FBI to investigate the mysterious deaths and disappearances of ten U.S. scientists and government employees who had access to nuclear or aerospace material.

“In light of the recent and legitimate questions about these troubling cases, and President [Donald] Trump’s commitment to the truth, the White House is actively working with all relevant agencies and the FBI to holistically review all of the cases together and identify any potential commonalities that may exist,” White House Press Secretary Karoline Leavitt wrote in a post on X Friday afternoon.

The scientists and employees who worked on highly classified projects started vanishing or dying in recent years.

“No stone will be unturned in this effort, and the White House will provide updates when we have them,” Leavitt said.

The confirmation from Leavitt happened one day after Trump said the White House would look into whether the cases are connected.

“I hope it’s random, but we’re going to know in the next week and a half,” Trump told reporters on April 16, adding “I just left a meeting on that subject.”

One of the missing people included retired Air Force Maj. Gen. William “Neil” McCasland, who vanished on Feb. 27, according to the Bernalillo County Sheriff’s Office in New Mexico.

The 68-year-old previously served as the head of research at the Wright-Patterson Air Force Base, which conspiracy theories allege was tied to Roswell’s UFO incident in 1947.

He also worked at the Pentagon as the director, space acquisition in the Office of the Secretary of the Air Force and then as director of special programs, Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics.

McCasland’s wife reported that she saw him interacting with a repairman around 10:00 a.m., she went to a medical appointment at 11:10, and he was gone when she returned just after noon.

The Albuquerque-area resident did not take his phone, prescription glasses, and wearable devices, but investigators did discover that the household was missing his hiking boots, wallet, and a .38 caliber revolver with a leather holster.

Another missing person included Monica Reza Jacinto, a rocket scientist who had worked with McCasland.

Jacinto was last seen hiking on June 22, 2025, in the Angeles National Forest.

Another one of the cases that is being questioned was the shooting of California Institute of Technology astrophysicist Carl Grillmair.

The astrophysicist, who worked on missions related to the Hubble and Spitzer space telescopes, was shot and killed outside of his home on Feb. 16, 2026.

Authored by Kimberley Hayek via The Epoch Times,

The Trump administration renewed a key sanctions waiver on April 17, allowing countries to purchase Russian oil stranded at sea, responding to urgent pressure from Asian nations battered by skyrocketing energy costs.

The move also reverses a position Treasury Secretary Scott Bessent had stated two days earlier.

The Treasury Department’s Office of Foreign Assets Control issued General License 134B on Friday, authorizing transactions tied to Russian crude and petroleum products loaded onto vessels as of that date. 

The waiver runs through May 16 and replaces a previous license that expired on April 11.

The move comes after Bessent told reporters on Wednesday the administration would not extend the earlier waiver, signaling what appeared to be a firmer stance on Russian energy exports. 

“As negotiations [with Iran] accelerate, Treasury wants to ensure oil is available to those who need it,” a Treasury spokesperson said.

The Russia-related license waiver excludes transactions to Iran, Cuba, and North Korea.

Global oil prices tumbled 9 percent on Friday to about $90 a barrel after Iran temporarily reopened the Strait of Hormuz, an oil choke point in the Gulf.

Trump also discussed oil on a call on Tuesday with Indian Prime Minister Narendra Modi, a major purchaser of Russian crude.

The ongoing war in Iran has cost New Delhi access to approximately 3 million barrels per day that previously transited the Strait of Hormuz.

The war, which enters its eighth week on Saturday, has damaged more than 80 oil and gas facilities in the Middle East, and Tehran has warned it could close the strait again if the recent U.S. Navy blockade of Iranian ports continues. 

Just before Friday’s reversal, the Treasury had declared it was moving aggressively to maintain “maximum pressure” on Iran under its “Economic Fury” campaign, and would not renew a separate waiver on Iranian oil sales.

The juxtaposition of tightening Iranian sanctions while loosening Russian oil relief underscores the competing pressures bearing on the administration’s energy policy.

Friday’s decision follows a series of energy-related policy adjustments Washington has made since U.S.–Israeli military operations against Iran began in late February.

On March 6, Bessent said the United States may consider easing sanctions on more Russian oil after granting India a 30-day waiver to purchase Russian crude. 

Days later, on March 9, Trump said Washington would waive oil-related sanctions on some countries.

“We’re looking to keep the oil prices down,” he said during a press conference in Miami, adding that prices had risen artificially due to the conflict.

On March 18, the Treasury eased sanctions on Venezuela’s state-owned oil and gas company, allowing U.S. companies to do business with the firm amid tightening oil supplies during the Iran war. The following day, Bessent said the United States may lift sanctions on Iranian oil currently in transit to bolster supply and stabilize energy prices. An Iranian oil waiver, issued March 20, ultimately allowed some 140 million barrels to reach global markets.