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Trump Lifts Rusal, En+ Sanctions as Glencore Shuffles Stake

Trump Lifts Rusal, En+ Sanctions as Glencore Shuffles Stake
Image by World Economic Forum

The U.S. Treasury Department lifted sanctions on three firms tied to Russian tycoon Oleg Deripaska, including United Co. Rusal, a move that will provide relief to the global aluminum market. The metal fell in London.

Wagner Group Deploys To Another Country…Russian Mercenaries Arrive In Caracas

Deripaska, an ally of Russian leader Vladimir Putin, will remain under U.S. sanctions, and his property will remain blocked. But the Treasury Department is removing restrictions on Rusal, En+ Group Plc and EuroSibEnergo JSC…

To read more visit Bloomberg.

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