Trump waives new Russia sanctions, drawing fire from Kyiv and Congress
An executive order blocks tariffs and penalties against Russian oil and gas buyers just before they were due to take effect.
What to know
- Trump's executive order blocks sanctions passed with bipartisan congressional support, including tariffs up to 100 percent on top Russian oil/gas importers like China and India.
- The waiver follows an earlier deal bringing Russian diesel into global markets, which Zelenskyy called a gift funding Russia's war.
- Analysts say Russia, plus China and India, are the clearest beneficiaries, while the diesel deal's effect on global prices is expected to be minimal.
- The waiver stands until the Trump administration decides 'further action is appropriate,' leaving its duration open-ended.
“betrays our Ukrainian partners and defies clear congressional intent”
Don Beyer, US Congressman (D-VA) · Al Jazeera ↗ · Oct 15
Donald Trump US President
Volodymyr Zelenskyy President of Ukraine
Don Beyer US Congressman (D-VA)Kirill Dmitriev Putin envoyVasily Astrov Economist, Vienna Institute for International Economic Studies
Valdis Dombrovskis EU economy chief
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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Economists say Russia stands to gain most from the waiver
Analysts including Vasily Astrov of the Vienna Institute for International Economic Studies said Russia benefits because its oil will no longer need to be discounted, while EU economy chief Valdis Dombrovskis said the related diesel deal is unlikely to significantly affect global prices.
“about 60 cents of every extra dollar in the price of a barrel of Russian oil would "end up in state coffers"”
— Vasily Astrov -
first by Al Jazeera, 1d ago
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Analysts say Russia will benefit most from US sanctions waiver.
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Putin envoy Dmitriev hails the waiver as historic
Russian official Kirill Dmitriev, an envoy for Putin, praised the US decision as a major win for Moscow.
“an important and truly historic moment…”
— Kirill Dmitriev -
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Rep. Don Beyer calls the waiver a surrender to Putin — Democratic Congressman Don Beyer of Virginia said the sanctions waiver betrays Ukraine and defies Congress's intent in passing the bipartisan legislation.
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Trump signs order waiving newly-passed Russia sanctions — Trump's executive order called off numerous planned Russia-related sanctions days before they were due to take effect, including up to 100 percent tariffs on top importers of Russian oil and gas and penalties on countries buying Russian energy, citing US "national interest." The waiver holds until the administration believes "further action is appropriate."
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Zelenskyy condemns the diesel deal as a gift to Putin — Ukraine's President Volodymyr Zelenskyy said the diesel arrangement would help fund Russia's war effort.
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Trump announces deal to bring Russian diesel into global markets — Trump unveiled a deal to bring Russian diesel stocks into global markets to drive down energy prices spiking amid the US-Israel war on Iran; the US Treasury waived sanctions on Russian diesel sales until April 2027.