Trump Administration Accused of Giving Putin a Boost With Russian Oil Sanctions Relief

Add Yahoo as a preferred source to see more of our stories on Google. The US wants to broker a peace deal between Russia and Ukraine, starting with a 30-day cease-fire. As part of a deal, Russia will likely seek sanctions relief. Security analysts told BI ...

(Reuters) -The United States is drawing up a plan to potentially give Russia sanctions relief as President Donald Trump seeks to restore ties with Moscow and stop the war in Ukraine, a U.S. official and another person familiar with the matter told Reuters.

The US Treasury Department has issued a temporary 30-day licence allowing vulnerable nations to access Russian oil cargoes already stranded at sea amid global supply disruptions.

The US has extended its sanctions waiver for Russian oil already at sea, offering relief until June 17. Meanwhile, India reiterated that its crude sourcing from Russia remains unaffected by American exemptions and will continue based on commercial viability.

A group of Senate Democrats is demanding that the Trump administration reimpose the sanctions it temporarily lifted on Russian oil to offset rising energy costs amid the Iran war. Fourteen Democratic senators urged Treasury Secretary Scott Bessent to end this short-term relief in a Thursday letter,

PARIS — A coalition of European leaders has ruled out the possibility of easing sanctions on Russia, one of President Vladimir Putin’s demands to agree to a partial ceasefire with Ukraine. “Now is not the time for lifting of sanctions,” UK Prime ...

The Kremlin is offering new financial incentives to recruit more fighters for Russia’s war in Ukraine, including debt relief for new soldiers and their spouses. In a statement published on its