Story perspectives

Trump Signs 60-Day Waiver on Russian Oil Sanctions

By Drooid · Oct 18, 2026, 12:03 PM UTC · How we work

Summary

Story summary

U.S. President Donald Trump signed an executive order waiving sanctions and tariffs on Russian exports.
Marco Rubio said the waiver is a 60-day pause to assess sanctions’ impact on U.S. economies.
Ukrainian President Volodymyr Zelenskiy warned the waiver could embolden Vladimir Putin and prolong the war.
The waiver suspends penalties on countries buying Russian oil and gas, including India.

History

Historical Context

After the UN Security Council adopted Resolution 986 on 14 April 1995, the Oil-for-Food Programme let Iraq sell oil worth up to $5 billion a month, channeling about $30 billion into humanitarian aid by 2003. The U.S. President Trump’s 2024 order pausing Russian oil sanctions echoes that precedent, drawing support from Marco Rubio and criticism from Volodymyr Zelenskiy.

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Story summary

U.S. President Donald Trump signed an executive order waiving sanctions and tariffs on Russian exports.
Marco Rubio said the waiver is a 60-day pause to assess sanctions’ impact on U.S. economies.
Ukrainian President Volodymyr Zelenskiy warned the waiver could embolden Vladimir Putin and prolong the war.
The waiver suspends penalties on countries buying Russian oil and gas, including India.

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