United States President Donald Trump has decided to waive sanctions, restrictions, and duties on the purchase of Russian oil and gas. The announcement came to light following an executive order issued on Friday, 16 October 2026. Reports indicate that the decision removes existing barriers concerning energy transactions involving the Russian Federation. In connection with the order, the president formally submitted a certification to Congress. The official document asserts that issuing the waiver at this particular time aligns directly with the national interest of the United States. The restrictions and duties in question stem from the Sanctioning Russia and Iran Act, which is also known in legislative contexts as the Graham Act. That specific legislation had previously empowered the executive branch to impose sweeping penalties and duties related to targeted nations. Further details regarding the immediate implementation and potential implications for global energy markets were contained in the presidential documentation provided to lawmakers in Washington. Officials confirmed the formal steps taken by the administration on the matter.
Donald Trump waives sanctions on Russian oil and gas purchases
The United States President cited national interest in an executive order submitted to Congress.
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In short
- Donald Trump waived sanctions and tariffs on Russian oil and gas purchases.
- The president submitted a national interest certification to Congress.
- The action utilizes powers under the Sanctioning Russia and Iran Act.
From public sources and the WeNepal research team
https://wenepal.com/article/donald-trump-waives-sanctions-on-russian-oil-and-gas-purchases-20261017
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