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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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Kyiv unlocks $3.2 billion after reform push

Despite initially making good progress on a lengthy list of reforms required by the EU since 2024, Kyiv slowed down last year and has now missed deadlines on almost 20 required changes.

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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