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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.

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  • Trump waives new Russia sanctions

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    President Donald Trump has temporarily waived some 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 table. The administration said the waiver will last 60 days. The waived measures are part of the bipartisan Lindsey Graham Act passed last month, which also targets a “shadow fleet” of oil tankers, Russian financial institutions and energy projects, and imposes tariffs on countries buying Russian oil and gas. Ukrainian President Volodymyr Zelenskyy called the decision “unfortunate” and a “historic mistake,” and bipartisan lawmakers have criticized it too. Gas prices in the U.S. have risen more than 34% year over year, according to the latest government inflation data.

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