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Zelenskyy, Merz speak out against US easing Russia oil sanctions
Zelenskyy and European leaders warn the U.S. waiver could provide Russia with about $10 billion to fund its war in Ukraine, undermining sanctions pressure.
- On Thursday, the United States issued a 30-day waiver permitting purchases of sanctioned Russian oil stranded at sea, marking a partial rollback amid energy market strain.
- Earlier this week, the International Energy Agency's 32 member countries agreed to release 400 million barrels from emergency reserves as the Strait of Hormuz closure disrupted one-fifth of global oil flows.
- Vortexa's data show 7.3 million barrels in floating storage and 148.6 million barrels in transit, while Kirill Dmitriev said the waiver affects 100 million barrels and Kremlin spokesman Dmitry Peskov called it market stabilising.
- European leaders criticised the US easing sanctions, with Zelenskyy warning it 'would strengthen Russia's position' and could provide 'around 10bn' for the war in Paris.
- The developments highlight a clash between market stabilisation and sanctions policy, with Fatih Birol calling coordinated releases 'a major action' on Wednesday, while Zelenskyy warned easing sanctions would 'strengthen Russia's position'.
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Zelenskyy says US 30-day waiver on Russian oil sanctions is 'not the right decision'
Ukrainian President Volodymyr Zelenskyy says 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.
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Coverage Details
Total News Sources7
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
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