US EditionWhy Has Trump Eased Sanctions on Russian Oil - and Will It Help Putin?
The waiver permits sale of stranded Russian oil loaded before the cutoff, aiming to ease economic strain from the US-Israel-Iran conflict, with potential $10 billion monthly export boost.
- On Thursday, the US issued a 30-day waiver allowing countries to purchase sanctioned Russian oil stranded at sea, with the license valid through April 11 for cargo loaded before March 12.
- Treasury Secretary Scott Bessent said the 'tailored, short-term' measure aims to stabilize global energy markets roiled by the Iran war, reducing economic impacts for US businesses and consumers.
- Bessent insisted the move addresses 'instability posed by the terrorist Iranian regime' while providing limited financial benefit to Moscow; Alexander Kirk of Urgewald warned the waiver 'only helps refill the Kremlin's war chest.'
- Kremlin investment envoy Kirill Dmitriev wrote on Telegram that easing restrictions appears 'increasingly inevitable' amid the energy crisis; Thailand announced it is ready to buy Russian oil, signaling immediate customer access.
- The Centre for Research on Energy and Clean Air warns that Putin will use this opportunity to clear tankers and boost production, marking a significant shift in Western policy regarding maximum pressure on Russia.
28 Articles
28 Articles
Zelenskyy says U.S. 30-day waiver on Russian oil sanctions is ‘not the right decision’
PARIS — Ukrainian President Volodymyr Zelenskyy said Friday that the U.S. 30-day waiver on Russian oil sanctions amid the Iran war is “not the right decision” and won’t help bring a stop to Russia’s more than 4-year-old invasion of Ukraine. Read more...
‘Not the Right Decision’: Ukrainian President Volodymyr Zelenskyy Slams US 30-Day Waiver on Russian Oil Sanctions Amid Iran War | 🌎 LatestLY
Ukrainian President Volodymyr Zelenskyy said Friday that the U.S. 30-day waiver on Russian oil sanctions amid the Iran war is "not the right decision" and won't help bring a stop to Russia's more than 4-year-old invasion of Ukraine. "This easing alone by the United States could provide Russia with about $10 billion for the war," Zelenskyy said. 🌎 ‘Not the Right Decision’: Ukrainian President Volodymyr Zelenskyy Slams US 30-Day Waiver on Russian…
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