Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist

The Trump administration made the announcement hours after Iran said the Strait of Hormuz was open to commercial ships, though the status of the waterway remained uncertain.

Russia had to spend an extra $130 billion to buy goods while sanctioned, analysts from NATO's frontline say

The Latvian analysts said intelligence showed Russia's own forecasts warn it may lose another $136 billion just in trade by 2030 due to the sanctions.

Trump weighs easing Russia sanctions, other measures to cool oil prices

A prolonged spike in oil and petrol costs could ripple through the broader economy. Read more at straitstimes.com. Read more at straitstimes.com.

Zelenskyy slams US sanctions relief for Russia amid surging oil prices driven by West Asia war

KYVI: Ukrainian President Volodymyr Zelenskyy on Sunday condemned the easing of sanctions on Russian oil after the United States extended a waiver meant to soften surging energy prices driven by the Middle East war.

Deutsche Bank notifies supervisors of possible Russia sanctions breach, source says

FRANKFURT, April 17 (Reuters) - Deutsche Bank has notified its supervisors of a possible breach of sanctions rules that limit deposits of Russian individuals to less than 100,000 euros ($117,940), a person with knowledge of the matter said on Friday.