Trump waives Russia sanctions, restrictions and duties under Graham Act
President Trump has issued an executive order waiving sanctions and duties on Russian energy imports to facilitate the purchase of diesel. The administration aims to lower fuel prices for American consumers ahead of the upcoming midterm elections.
Why it matters
This policy shift represents a significant departure from previous sanctions-heavy strategies regarding Russia, directly impacting global energy markets and domestic US politics.
US President Donald Trump has waived several sanctions, restrictions and duties targeting Russia under the Graham Act, just weeks after signing the legislation aimed at squeezing Moscow over its invasion of Ukraine. The move comes as his administration seeks to bring down soaring diesel prices ahead of November’s midterm elections.In an executive order issued on Saturday, Trump invoked a provision of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 that allows the president to waive its measures in the national interest. He said he had submitted the required certification and a report explaining the basis for the decision to Congress.The order waives duties provided for under Sections 112 and 113 of the Act, sanctions and restrictions under Section 102(d), and several other provisions covering sanctions against foreign persons and restrictions on individuals.
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