# Trump Waives Russia Sanctions

> Trump's Russia sanctions waiver drops oil prices as diesel supply deal looms.
- Title: Trump Waives Russia Sanctions · BigGo Finance | Shortify
- Summary: Trump's Russia sanctions waiver drops oil prices as diesel supply deal looms. Trump waived Russia sanctions under the Graham Act, causing Brent crude to fall…
- Keywords: trump, brent crude, west texas intermediate, graham act, marco rubio, vladimir putin, volodymyr zelenskiy, kpler, rick scott, chuck schumer, kirill dmitriev, houthi
- Source: BigGo Finance — https://finance.biggo.com/news/34708ea0-980e-4806-86c8-6457341842f5
- Author: BigGo Finance
- Published: 2026-10-19T00:35:41+00:00
- Read time: 1 min
- Topics: trump, brent crude, west texas intermediate, graham act, marco rubio, vladimir putin, volodymyr zelenskiy, kpler, rick scott, chuck schumer, kirill dmitriev, houthi
## Trump Waives Russia Sanctions
President Donald Trump signed an executive order waiving key sanctions and tariffs on Russia under the Graham Act.
## Oil Prices Drop
Brent crude fell 1.3% to $108.43 a barrel and West Texas Intermediate dropped 0.52% to $100.88.
## Graham Act Details
The order covers the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump signed at the urging of lawmakers.
## Diesel Supply Deal
Russia will provide over 4 million tons of diesel: 300,000 tons immediately, 500,000 tons in November, and 1 million tons thereafter.
## Ukrainian Reaction
Ukrainian President Volodymyr Zelenskiy said the US actions will hurt Ukraine and only benefit Moscow.

> It seems wrong to me to now decide to overturn all of this and obstruct all of this
## Congressional Criticism
Both parties in Congress criticized the move, with Florida Senator Rick Scott urging economic pressure on Russia and Senate Democrats calling it a dirty deal.
## Assessment Period
Secretary of State Marco Rubio said the economic impact review will take up to 60 days.
## Moscow's Welcome
Kirill Dmitriev, Putin's special representative, called the waiver a 'historic moment' for economic cooperation.

> The suspension opens the way to dialogue, mutually beneficial cooperation and shared responsibility for global stability
## Gulf Crude Flows
Gulf crude flows fell to about 8.5 million barrels per day last week amid attacks on commercial vessels.
## Market Impact
The waiver may strengthen Putin's hand in negotiations and leave Kyiv exposed to one-sided concessions.
## Key takeaway

Trump waived Russia sanctions under the Graham Act, causing Brent crude to fall 1.3% to $108.43 and sparking bipartisan criticism in Congress.