Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.

Turkiye obtains sanction waiver from US to buy Russian gas

  • By Al Mayadeen English
  • Source: News websites
  • 20 Mar 2025 19:49
4 Min Read

The sanction waiver was initially granted to Turkiye in December of 2024, as Russian gas imports provided more than 45% of Ankara's gas needs.

Listen
  • x
  • The Lakhta Center skyscraper, the headquarters of Russian gas corporation Gazprom is seen during sunset in St. Petersburg, Russia, Sunday, March 9, 2025 (AP)
    The Lakhta Center skyscraper, the headquarters of Russian gas corporation Gazprom, is seen during sunset in St. Petersburg, Russia, Sunday, March 9, 2025 (AP)

The United States has agreed to extend a sanction waiver that would allow Turkiye to buy gas from Russia all the way until May, Bloomberg reported on Thursday, citing a Turkish official.

The three-month exemption given to Turkiye was going to expire on March 20, after Turkiye obtained the initial sanction waiver in December of 2024, following a series of talks between Turkish Energy Minister Alparslan Bayraktar with US officials.

The Turkish Treasury and Finance Minister Mehmet Simsek and US Treasury Secretary Scott Bessent spoke on the phone and discussed "sanctions, as well as other economic and national security issues of mutual concern,” according to a statement published by the US Treasury Department.

With more than 45% of the country’s gas imports coming from Russia last year, as calculated by Bloomberg using data from the national energy regulator, and those supplies proving crucial during a colder-than-usual winter while remaining important in the summer due to an expected decline in hydropower generation, their role in the nation’s energy landscape continues to be significant.

With the US imposing sanctions in November on Gazprombank, a financial institution crucial for energy payments, to tamp down on Russia’s gas revenues and major importers Turkey and Hungary later receiving exemptions, the impact of these measures became more nuanced.

Related News

Russian drones in airspace were 'duds': Polish FM

Russia boasts military might with Zircon hypersonic missiles, bombers

This comes amid intensified diplomatic efforts between Russia and the United States, with the US heralding a 30-day ceasefire for the war in Ukraine, while Russia looks into relieving some of the sanctions it faces as a result of the three-year-long war.

Russia asks corporations about sanctions

Russia sought input from corporations to determine which sanctions should be prioritized for removal ahead of talks with Washington, following Ukraine’s approval of a 30-day ceasefire in exchange for the resumption of U.S. military and intelligence aid, Reuters reported on March 13, citing two Russian business figures.

Russia's industry and trade ministry, according to two sources within the industry, has been reaching out to companies with a request to specify which sanctions have had the most significant impact on their operations, distributing a form for businesses to complete, asking them to identify the most sensitive restrictions and to indicate which ones they believe should be lifted most urgently.

Prior to this, US President Donald Trump threatened Russia with more sanctions should it refuse the 30-day ceasefire in Ukraine, while the White House signaled that it had several different measures it could take against Moscow.

On March 7, White House National Economic Council Director Kevin Hassett emphasized that the administration still had multiple measures it could take against Russia, noting to reporters that plenty of potential targets remained for future actions.

Meanwhile, US President Donald Trump said that he was weighing possible banking sanctions and tariffs on Russia due to the intensity of its military campaign in Ukraine, "Moscow is absolutely pounding Ukraine on the battlefield," he wrote on Truth Social, emphasizing that economic restrictions remain an option until both sides reach a peace deal.

The United States and Russia reached an agreement on a 30-day ceasefire on March 18, which will see a halt on attacks targeting Ukraine's energy and infrastructure, following a discussion between Russian President Vladimir Putin and US President Donald Trump, during which both leaders pledged to continue negotiations without delay, as confirmed by the White House, marking a limited yet significant step toward potential peace efforts.

  • Russia
  • US
  • Trump
  • Russian Gas
  • Turkiye

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
People protest against Israeli Prime Minister Benjamin Netanyahu during the 79th session of the United Nations General Assembly, in New York, on Friday, September 27, 2024 (AP)
Politics

'Israel' stops unfunded diplomacy ahead of UN, October 7 memorial

An Israeli Air Force fighter jet releases flares over the Gaza Strip, is seen from southern occupied Palestine, Thursday, May 8, 2025 (AP)
Politics

OIC summit draft: Israeli attack on Qatar risks normalization

People shout slogans and hold Palestinian flags while protesting during the twenty-first stage of La Vuelta cycling race from Alalpardo to Madrid, Spain, Sunday, Sept. 14, 2025. (AP)
Sports

Pro-Palestine protests force abrupt end to Vuelta a España finale

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, on Wednesday, September 10, 2025 (AP)
Politics

Israeli regime faces growing isolation over Qatar strike: Reports

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS