Donald Trump accused of 'filling Putin's war coffers' after lifting Russian oil sanctions

The US has temporarily lifted sanctions on Russian oil currently stranded at sea as Donald Trump looks to counter the surge in crude oil prices since the start of the war in Iran. As the price of oil settled above $100 per barrel for the first time since August 2022, the Trump administration announced a 30 day waiver that will help stabilise global energy markets. On Friday morning, oil markets in Asia appeared to ease following the decision. "To increase the global reach of existing supply, US

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Donald Trump accused of 'filling Putin's war coffers' after lifting Russian oil sanctions

The US has temporarily lifted sanctions on Russian oil currently stranded at sea as Donald Trump looks to counter the surge in crude oil prices since the start of the war in Iran. As the price of oil settled above $100 per barrel for the first time since August 2022, the Trump administration announced a 30 day waiver that will help stabilise global energy markets. On Friday morning, oil markets in Asia appeared to ease following the decision. "To increase the global reach of existing supply, US

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