Washington [USA]: US President Donald Trump has waived the application of sanctions, restrictions and duties under the Sanctioning Russia and Iran Act, citing the national interest of the United States. In an order issued on yesterday evening, Trump said he had submitted a certification to the Congress stating that the waiver was in the national interest of the country.
The legislation empowers the US administration to impose sweeping sanctions on Russia and steep tariffs on major purchasers of Russian oil and gas, including India and China. The waiver comes amid continued scrutiny of Russian energy exports and US efforts to use economic measures against Moscow and countries purchasing its oil and gas.
[AIR News]