EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Trump signs executive order waiving new Russia sanctions, tariffs
In simple terms
President Donald Trump issued an executive order waiving sanctions and tariffs on Russia’s energy sector, after having previously signed them into law. The Lindsey Graham Act granted Trump the authority to levy duties on Russian oil and gas buyers.
Earlier coverage
Earlier coverage on GreyNews
- Standard Chartered: Trump's Russian Diesel Won't Add New SupplyOct 16, 2026 · OilPrice
- US extends sanctions waiver on Russia's Lukoil until 2027Oct 15, 2026 · The National
- UK Tightens Russian Oil Sanctions as U.S. Weighs ReliefOct 15, 2026 · gCaptain
- Trump Weighs Lifting Shadow Fleet Sanctions as Tanker Rates SoarOct 15, 2026 · gCaptain
- Trump says oil, gas and mineral exploration in Greenland is set to begin. It’s not that simple - AP NewsOct 14, 2026 · Associated Press
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