Trump administration lifts sanctions on Russian oligarch-owned companies with links to Putin

The Trump administration is lifting sanctions on three companies controlled by a Russian oligarch with links to Vladimir Putin. Following an aggressive lobbying campaign, led by a British lord who chairs one of the firms, the Treasury Department announced it would end sanctions against aluminium producer Rusal, its parent En+, and JSC EuroSibEnergo. In return their owner, Oleg Deripaska, agreed to reduce his stakes in them to less than 50 per cent, the treasury said.

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