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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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Ukraine wins debt relief and IMF flexibility in DC — but growth outlook dims

WASHINGTON — Ukraine secured two wins in Washington, D.C. this week, including an extension of a debt repayment freeze, as well as signals that the International Monetary Fund would be open to easing some of the tougher elements of the fund's $8.1 loan program to Kyiv. Kyiv signed a deal with international partners to suspend debt service due by Ukraine until the end of February 2030, extending a previous arrangement reached in 2023, the finance ministry said on April 17. The fund also signale

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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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