Warren, Shaheen Urge President Trump to Finally End Relief for Russian Oil

Warren, Shaheen Urge President Trump to Finally End Relief for Russian Oil

WASHINGTON - Today, U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Jeanne Shaheen (D-NH), Ranking Member of the Senate Foreign Relations Committee, issued the below statement urging the Trump Administration not to extend sanctions relief for Russia after General License 134Cexpires on June 17, 2026.

"President Trump should remain true to his words he spoke earlier today to not renew his Administration's license allowing Russian oil sales when it expires tonight. Extending this license yet again would give Vladimir Putin another opportunity to reap windfall financial gains while he continues his brutal war against Ukraine. An extension would also clearly contradict President Trump's declaration that the war with Iran is over and his stated rationale for these waivers of trying to reduce energy market disruptions stemming from his war against Iran. This effort has clearly failed as Americans have been burdened by significantly higher prices at the pump and grocery store since the beginning of the conflict.

"If the Administration renews this license now, it will be the clearest sign yet that President Trump either does not believe his own deal will hold or simply will refuse to ever confront Putin, even after more than four years of conflict and countless innocent lives taken. Thus far these extensions have only helped Russia, the aggressor and oppressor, while Ukraine continues to fight for its sovereignty and security. Every additional dollar the Kremlin earns from this license helps Putin finance his illegal war.

"We hope President Trump understands what is plain to see: Ukraine is winning, and if President Trump is interested in a peace deal, he should be increasing pressure on Putin to accept a just and lasting peace, not handing him more sanctions relief. Continuing to show weakness like this will only invite more aggression and put an end to the war further out of reach."

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