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Trump waives key sanctions on Russian goods and energy buyers under the Graham Act before deadline

Market News
17 Oct 2026
CNBC
View Source
Neutral
Trump waives key sanctions on Russian goods and energy buyers under the Graham Act before deadline

President Trump signed an executive order waiving parts of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, suspending new duties on Russian goods and tariffs on major Russian energy buyers just before the law's deadline. This move preserves existing sanctions but eases restrictions critical to Russia's war funding, drawing praise from Russian officials and criticism from U.S. Democrats. The waiver follows a recent temporary easing of sanctions on Russian diesel exports and comes amid concerns over high fuel prices before U.S. midterm elections. Ukrainian President Zelenskyy warned this could lead to further sanctions relief, highlighting ongoing tensions around U.S.-Russia relations and support for Ukraine.

Regarding President Trump's waiver of new Russia sanctions and tariffs, here is Pluang's market snapshot as of Oct 17, 2026 17:41 WIB: Among 79 priced Energy-sector US stocks, 59 rose and 20 fell today. Notable movers include Centrus Energy Corp (LEU) at USD 114.94 with a 9.50% decline, Antero Resources Corporation (AR) at USD 38.65 gaining 6.06%, and SM Energy Company (SM) at USD 39.50 up 5.28%.

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Tether (USDT) trades at a 6.6% premium over Argentina's official dollar rate on Binance P2P, hitting a two-month high.

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