US ends oil waivers for Russia and Iran. Waivers issued in March 2026 to ease market strain. Oil prices surged over $100 per barrel. Bessent spoke with officials from 10+ vulnerable countries. Russian oil at sea is largely used, so extensions not needed. New sanctions on entities linked to Mohammad Hossein Shamkhani. Ali Shamkhani killed in US-Israeli strikes on Feb 28. Bessent expects Iranian oil production to shut down within 2-3 days. Action part of Economic Fury strategy targeting regime elites