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Tag: Vladimir Putin

Politicsforeign

Trump waives several Russia sanctions as new US law takes effect

US President Donald Trump has used his executive authority to block numerous sanctions on Russia that were recently passed by Congress. The decision comes as a new law aimed at punishing Moscow for its war in Ukraine takes effect, drawing bipartisan criticism in Washington. Trump defended the move by stating that parts of the legislation run counter to US national interests, particularly amid efforts to address domestic energy prices.

Businessglobal-economy

Trump announces deal for Russian diesel as Zelensky criticises it

US President Donald Trump has announced an agreement with Russian President Vladimir Putin to release Russian diesel onto the global market. The move is aimed at lowering soaring fuel prices for American consumers ahead of upcoming midterm elections. Ukrainian President Volodymyr Zelensky has strongly criticised the agreement, describing it as a gift to Putin that will ultimately prolong the ongoing war.

Businessmarkets

Trump announces deal with Putin to release Russian diesel

US President Donald Trump has announced a new agreement with Russian President Vladimir Putin to release Russian diesel into the global market. The deal is aimed at curbing soaring fuel prices that have doubled in the US since the war with Iran began in February. Under the arrangement, Russia will immediately release 300,000 tonnes of diesel, followed by 500,000 tonnes in November and a subsequent million tonnes. Shortly after the announcement, the US Treasury issued a temporary license permitting Russian diesel into the market.