President Trump has temporarily waived some key sanctions targeting Russia's energy sector and economy, saying he is negotiating peace and does not want to drive Russia from the bargaining table. The administration said the waiver will last 60 days. The sanctions are part of the Lindsey Graham Act passed last month, which also targets Putin, a “shadow fleet” of oil tankers, Russian financial institutions and energy projects, and imposes tariffs on countries buying Russian oil and gas. Zelenskyy called the decision a “tragedy,” and bipartisan lawmakers, including Sen. Darline Graham, criticized the pause as U.S. gas prices have risen more than 34% year over year.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on wmur.com ↗
Keywords
Donald TrumpRussiasanctionsfuel prices
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Trump waives new Russia sanctions
President Donald Trump has temporarily waived some key sanctions targeting Russia's energy sector and economy, saying he is negotiating peace in the war with Ukraine and does not want to drive Russia away from the bargaining table. The sanctions come from the bipartisan Lindsey Graham Act, and the waiver will last 60 days. Secretary of State Marco Rubio said the pause gives talks with Ukraine and Russia a chance to produce a positive outcome. Ukrainian President Volodymyr Zelenskyy called the decision unfortunate and a historic mistake, while Sen. Darline Graham, R-South Carolina, also criticized the pause and said she would keep pressure on Russia. The article notes that gas prices have risen more than 34% year over year.
- Trump waives new Russia sanctions
President Donald Trump has temporarily waived for 60 days some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace in the war with Ukraine and does not want to push Russia away from the bargaining table. The waived measures come from the bipartisan Lindsey Graham Act, passed last month, which also targets Russian President Vladimir Putin, senior military leaders, Russian financial institutions, a “shadow fleet” of oil tankers, and countries buying Russian oil and gas, including China and India. Secretary of State Marco Rubio said the pause is meant to see whether ongoing talks can lead to a positive outcome. Ukrainian President Volodymyr Zelenskyy called the decision “unfortunate” and a historic mistake, and bipartisan lawmakers also criticized it. The move comes as U.S. gas prices have risen more than 34% year over year.
- Trump waives new Russia sanctions
President Trump has temporarily waived some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace and does not want to drive Russia away from the table. The sanctions, part of the Lindsey Graham Act, are waived for the next 60 days. Secretary of State Marco Rubio said the pause aims to see whether ongoing talks with Ukraine and Russia can lead to a positive outcome. The move drew criticism from international leaders, including Ukrainian President Volodymyr Zelenskyy, who called it a historic mistake, and from bipartisan lawmakers. Gas prices in the U.S. have risen more than 34% year over year.
- Trump faces criticism ahead of elections for repeatedly easing Russia sanctions
Republican members of the U.S. Congress have criticized President Trump's decision to suspend enforcement of the Russia sanctions law, arguing it helps Moscow's campaign in Ukraine. The administration sees the waiver as enabling a deal for Russian diesel exports, aimed at lowering U.S. fuel prices before the midterm elections. Senator Ted Cruz said he wished the president had not done it, while Senator Thom Tillis questioned why the administration would not enforce a law the Senate had passed 86-11. At least eight Republican senators and a bipartisan group of 12 senators have urged that the diesel deal be cancelled or the law enforced, and Democratic leader Chuck Schumer has also condemned the move. With Congress in recess until after the midterm elections, immediate legislative action to block the deal appears unlikely.
- Douglas Cohn and Eleanor Clift : Deal to release Russian diesel oil just a gift to Putin
- European stocks slip led by France, and oil falls on Trump's Russian sanctions waiver
European stocks fell, led by France, where the CAC 40 dropped 1.3% to 7,854.31 after violent weekend protests that led to more than 2,000 arrests. Oil slipped about 2% after President Donald Trump put on hold broad sanctions against Russia, including on its energy, a move that drew disappointment from Ukraine and is likely to lift Russian energy exports. Brent fell 2.1% to $107.55 a barrel. In Asia, tech shares remained volatile amid investor concerns over the sustainability of the AI boom, with South Korea's Kospi still down more than 17% over the past month. The 10-year US Treasury yield eased to around 5.08%, after hitting 5.35% earlier this month, its highest since 2002.
Related markets
Latest news
- Iran warns US and Israel
Iran's Armed Forces Chief of Staff, Major General Ali Abdollahi, warned on October 18 that the US and Israel would face a far harsher response if they continue actions Tehran considers provocative. He said Tehran is awaiting their next moves and that Iran's armed forces remain ready for any scenario. Tehran accuses Washington and Tel Aviv of trying to weaken its government, and tensions have risen since earlier conflicts, including a 12-day war. Iran says it will not back down under external pressure.
- Is TC Energy (TRP) a Good or Bad Investment at Today's Multiple?
TC Energy trades at 21.19 times next year's expected earnings, closing at $61.74 on October 16 after a 1.5% return over 6 months, versus 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The company operates natural gas transmission pipelines across Canada, the United States and Mexico, plus power generation, with a 44.25% operating margin, and latest-quarter earnings rose 18.00% on revenue up 5.70%. The article flags risks including debt at 170.37% of equity, the loss of crude oil pipelines to South Bow in 2024, and volumes that depend on North American gas demand from power and LNG exports. A 4.01% yield is cited as income while the market decides whether the stable business justifies the multiple relative to its growth.
- Should You Buy This Trump AI Stock Ahead of Earnings?
Microsoft (MSFT) reports quarterly results on October 28 and ranks eighth in Trump's latest stock portfolio, after Trump bought the stock five times in August. Bulls point to Azure growth of 43% last quarter, with management expecting about 45% in the current quarter, and to demand that exceeds available computing capacity. Bears cite rising capital spending that Deutsche Bank says could push free cash flow close to breakeven in fiscal 2027, about two-thirds of spending going to short-lived equipment such as chips, and OpenAI making up about 45% of the commercial backlog in the December quarter. The stock trades at 26.75 times forward earnings, a 27% premium to the sector median of 21.01 but 12% below its own five-year average of 30.47, with a PEG ratio of 1.70 versus a sector median of 1.14. The article concludes that investors pay more than for the average tech stock but less than they usually pay for Microsoft.
- What Is Williams' (WMB) Economic Moat, and Is It Steel or Permits?
Williams (WMB) closed at $71.28 on October 16, with a 0.5% return over 6 months, compared with 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The article argues its main advantage is the Transco pipeline, which runs from the Gulf Coast up the eastern seaboard, where several attempts to build new pipe have been abandoned after failing to win approvals. A 39.54% operating margin and 21.50% return on equity are cited as evidence of this advantage, although revenue rose only 7.80% last quarter. Limits noted include debt at 200.37% of equity, rules that also restrict Williams' own growth, and a price of 26.81 times expected next-year earnings. The dividend yields 2.95%.
- Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
Marvell shares rose 6% to $241.27 in afternoon trading after a reported delay in Google's next TPU chip, while Broadcom gained 3%. GF Securities analyst Jeff Pu said the delay does not change Marvell's medium- to long-term position in Google's chip supply chain. Marvell reported Q2 FY2027 revenue of $2.74 billion, up 36.5% YoY, with its Data Center segment at $2.17 billion, or 79% of revenue. Google can acquire up to 7% of Marvell shares under a warrant tied to revenue targets, and management expects its custom business to more than double in fiscal 2028. Q3 revenue guidance is $3.15 billion, plus or minus 5%, with non-GAAP gross margin of 57.5% to 58.5%, and the article notes Marvell still needs to convert its Google programs into reported revenue.
- Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?
ONEOK (NYSE:OKE) closed at $93.31 on October 16 and returned 11.4% over six months, versus 10.5% for the Insider Monkey Billionaire Index. The stock trades at 14.49 times next year's expected earnings and yields 4.59%, and revenue rose 52.80% last quarter as the company grew through acquisitions. The article argues that much of this growth was bought rather than built, with only 13.25% of revenue remaining as operating profit and debt at 143.07% of equity. Because a large part of the business involves buying and reselling liquids rather than earning transport fees, the article views the discount as having a reason behind it. It concludes that investors should watch margins rather than revenue.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.