In an order dated October 16, President Donald Trump waived sanctions and tariffs under the Russia and Iran sanctions act passed a month earlier, which could have set tariffs as high as 500% on Russian goods and 100% on major buyers of Russian oil and gas. Trump told Congress the waiver serves US national interests. Russian presidential investment envoy Kirill Dmitriev called it a “historic moment” and urged dialogue and mutually beneficial cooperation instead of sanctions. Earlier this month Trump lifted sanctions on Russian diesel exports to ease energy prices before the midterm elections, a move that angered Ukraine and European allies. House Democrat Gregory Meeks filed a bill on October 16 to block the diesel deal, while Trump criticized Zelensky and suggested Ukraine needs a new president.
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Original headline: Tổng thống Mỹ Trump đình chỉ đạo luật trừng phạt Nga, Mátxcơva ca ngợi 'thời khắc lịch sử'
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Donald TrumpRussiasanctionsoil prices
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Related tickers and likely impact
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/16/2026 | 4,162.70 |
| Change that session | +0.11% |
PVD
▼ Likely negativePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 16,421 bn VND |
| P/E | 14.8 |
| P/B | 0.95 |
| Close on 10/16/2026 | 17.65 |
| Change that session | -0.28% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/16/2026 | 4,159.65 |
| Change that session | +0.15% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Trump waives new Russia sanctions
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