Trump Lifts Rusal, En+ Sanctions as Glencore Shuffles Stake

Deripaska, an ally of Russian leader Vladimir Putin, will remain under U.S. sanctions, and his property will remain blocked. “The companies have also agreed to unprecedented transparency for Treasury into their operations by undertaking extensive, ongoing auditing, certification, and reporting requirements. All sanctions on Deripaska continue in force,” the Treasury’s Office of Foreign Assets Control said in a release.

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