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Reading: Trump suspends Russia sanctions two days before they take effect
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MacroHerald > Latest News > Geopolitics > Trump suspends Russia sanctions two days before they take effect
Geopolitics

Trump suspends Russia sanctions two days before they take effect

Enver Adıgüzel
Last updated: 17 October 2026 12:42
Enver Adıgüzel - Editor and Publisher
1 day ago
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US President Donald Trump has signed a decree suspending sanctions against Russia that had been mandated by a bill aimed at penalising the Russian government and state companies. The suspension was announced two days before the bill was due to take effect, and the White House website published the decree.

Contents
  • Diesel deal behind the suspension
  • Congress passed the bill weeks earlier

The bill also proposed tariffs on countries that import energy from Russia. Trump signed that bill on 18 September. The article does not state the exact date of the decree.

Diesel deal behind the suspension

Trump announced on 9 October an agreement with Russia to supply hundreds of thousands of tonnes of diesel. In exchange, sanctions would be suspended temporarily.

Trump said the arrangement aimed to lower global fuel prices. The decree cited national interests as the basis for the suspension.

Congress passed the bill weeks earlier

The US Congress passed the sanctions bill only a few weeks before the suspension decree. The legislation was designed to hit Russian state companies and the countries that buy their oil and gas.

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The article gives no year for these events.

Related: UK widens Russia sanctions to two energy firms and 12 tankers

Source: White House

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TAGGED:dieselenergyrussia sanctionstrumpus congress

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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