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Moscow walks away with billions as Trump's Russian oil waiver expires
Russia

Moscow walks away with billions as Trump's Russian oil waiver expires

by Tim Zadorozhnyy

U.S. sanctions on Russian oil have resumed after the Trump administration allowed a temporary waiver on certain sales to expire on April 11, the Kyiv Independent has learned, ending a short-lived effort to stabilize markets during Washington's war against Iran. The waiver, introduced in March, came as the U.S. sought to increase available supply after the war rattled energy markets. The decision has drawn bipartisan criticism in Washington, particularly as Russia has supported Iran in the war

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What's actually behind rising fuel prices — and what no government can fix

The escalation in the Middle East has sent shockwaves through the global energy market. Probably, the last time most consumers filled their tank, they didn't even think about the Strait of Hormuz. After the U.S. and Israel struck Iranian facilities, Tehran responded by closing the Strait of Hormuz, the narrow corridor through which a third of all maritime fuel shipments pass,  effectively triggering a countdown to a potential global energy crisis. The region holds half of the world's oil reser

I took part in Hungary's turn on Orban after 16 years

Hungary held one of the most consequential elections in its modern history on April 12, with implications far beyond its borders. The Kyiv Independent’s Francis Farrell traveled to Budapest to cover the vote at a moment of political uncertainty.

About Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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