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US Eases Russian Oil Sanctions Over Ukraine Objections
The US put a 30-day waiver on Russian oil sanctions. The US says this move will lower soaring energy prices.
Ukraine's President Zelenskyy said the decision does not help peace. He said it won't stop Russia's invasion of Ukraine.
Russia has been invading Ukraine for more than 4 years. Ukraine and European Union allies oppose the US decision.
Klear Note — Sanctions are punishments that stop trade with a country. The US used oil sanctions to pressure Russia over its invasion of Ukraine that started in 2022.
Key Terms 3
- sanctions
- rules that ban trade or business with a country
- waiver
- a short-term pause on a rule or ban
- European Union
- a group of European countries that work together