{"id":898531,"date":"2026-10-29T08:22:09","date_gmt":"2026-10-29T08:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/898531\/"},"modified":"2026-10-29T08:22:09","modified_gmt":"2026-10-29T08:22:09","slug":"russia-and-us-discussing-sanctions-relief-for-moscows-sovereign-wealth-fund-kremlin-aide-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/898531\/","title":{"rendered":"Russia and US discussing sanctions relief for Moscow\u2019s sovereign wealth fund, Kremlin aide says"},"content":{"rendered":"

\n The Trump administration and the Kremlin are discussing the possible lifting of US sanctions on Russia\u2019s multibillion-dollar sovereign wealth fund, Russian state media quoted a Kremlin aide as saying, in what would be another US concession to Moscow in negotiations to end its war in Ukraine<\/a>.\n <\/p>\n

\n Russian President Vladimir Putin\u2019s foreign policy aide Yuri Ushakov told reporters that talks with the United States to lift sanctions on the state-owned Russian Direct Investment Fund have been \u201cgoing on for some time,\u201d Russian state news agency TASS reported on Wednesday.\n <\/p>\n

\n \u201cWhat the outcome will be, I do not know,\u201d he added.\n <\/p>\n

\n The fund\u2019s CEO and presidential envoy Kirill Dmitriev was actively engaging American officials on lifting the sanctions, Ushakov said.\n <\/p>\n

\n The Biden administration imposed the sanctions in the wake of Russia\u2019s invasion of Ukraine in February 2022, calling it a \u201cknown slush fund<\/a>\u201d for Putin and his inner circle.\n <\/p>\n

\n CNN has reached out to the White House and US Department of State for comment.\n <\/p>\n

\n The New York Times first reported on Tuesday that the Trump administration was considering lifting the sanctions.\n <\/p>\n

\n President Donald Trump has defended recent concessions<\/a> made to Russia on sanctions, which have triggered criticism from both sides of the aisle in Washington and driven a wedge<\/a> between the US and its Western allies.\n <\/p>\n

\n Earlier this month, Trump announced a deal to allow Russian diesel exports<\/a> to global energy markets and waived a further slate of sanctions<\/a> related to Russian fossil fuel sales that had only just been signed into law.\n <\/p>\n

\n The forestalled legislation would have imposed tariffs of up to 100% on, among other things, goods brought into the US from the five largest importers of Russian crude oil or gas, the sale of which is crucial to funding the Kremlin\u2019s war machine.\n <\/p>\n

\n The US-Russia diesel deal involves suspending fuel export sanctions<\/a> for six months to allow for diesel sales at market prices, but experts have cast doubt on the impact it will have on global diesel markets.\n <\/p>\n

\n Russia banned exports of diesel<\/a> in early July, after Ukrainian drone strikes on its refineries triggered widespread fuel shortages across the country.\n <\/p>\n

\n The White House is trying to relieve pressure on oil and diesel prices in the US ahead of crucial midterm elections next week.\n <\/p>\n

\n Trump has also said his decision to waive some sanctions on Russia was to keep Moscow at the negotiating table.\n <\/p>\n

\n \u201cI am in the process of negotiating Peace in the war between Russia and Ukraine, and don\u2019t want to do anything that will drive, foolishly, Russia away from the bargaining table,\u201d Trump wrote in a Truth Social post on October 18.\n <\/p>\n

\n Trump has blamed high global fuel prices on Ukraine, and heaped pressure on Ukrainian President Volodymr Zelensky to halt strikes on Russian refineries even as Russia continues its attacks on Ukraine\u2019s towns, cities, and energy infrastructure.\n <\/p>\n

\n There is growing anxiety in Kyiv and Europe that the Trump administration will make further concessions to Moscow in an effort to get Putin to agree to a peace deal.\n <\/p>\n

\n Zelensky recently told NBC\u2019s \u201cMeet the Press\u201d that the waivers strengthened Putin\u2019s war against Ukraine while Moscow was failing on the battlefield.\n <\/p>\n

\n Kyiv has long advocated for tougher sanctions on Russian energy exports.\n <\/p>\n

\n Last week, Putin said the Kremlin would be ready to resume<\/a> trilateral Russia-US-Ukraine peace talks after mid-November, at the request of US special envoy Steve Witkoff who met the Russian leader in St. Petersburg. During the talks, Putin expressed interest in restoring economic cooperation with the US.\n <\/p>\n","protected":false},"excerpt":{"rendered":"The Trump administration and the Kremlin are discussing the possible lifting of US sanctions on Russia\u2019s multibillion-dollar sovereign…\n","protected":false},"author":2,"featured_media":898532,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":["post-898531","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/898531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=898531"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/898531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/898532"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=898531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=898531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=898531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}