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Zelenskyy, Merz speak out against US easing Russia oil sanctions
The U.S. waiver allows shipment of Russian oil stranded at sea, risking $10 billion in revenue for Moscow amid the Iran conflict, drawing criticism from Ukraine and European leaders.
- On Thursday, US Treasury Secretary Scott Bessent announced a 30-day waiver permitting purchases of sanctioned Russian crude oil and petroleum products loaded by March 12, valid until April 11.
- Because fighting in the Gulf disrupted shipments through the Strait of Hormuz, the administration framed the 30-day waiver as a short-term move to boost supply and stabilise prices after the US‑Israeli war on Iran, while the International Energy Agency coordinated emergency releases of 400 million barrels.
- Speaking in Paris, Ukrainian President Volodymyr Zelenskyy said 'This easing...could provide Russia with around $10 billion for the war', criticizing the US waiver. Emmanuel Macron added 'It does not broadly or permanently roll back the sanctions'.
- European and Ukrainian officials warned that critics said the US waiver could increase funds for Moscow, with Kirill Dmitriev, Russia's presidential envoy, saying it would affect 100 million barrels, close to one day's global output.
- The administration says the step is narrowly tailored and has also explored US Navy escorts and a temporary Jones Act suspension to keep shipments moving, with Vortexa reporting 7.3 million barrels in floating storage and 148.6 million barrels in transit.
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On a visit to Paris, the Ukrainian President deplored on Friday the partial lifting of the sanctions on Russian oil decided by the US administration to deal with the rise in prices caused by the war in Iran, a measure that reinforces Moscow's position in Ukraine.
·Paris, France
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Total News Sources46
Leaning Left13Leaning Right2Center11Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 42%
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