The US presidential administration may lift sanctions on the Russian Direct Investment Fund, which US officials once viewed as one of the Kremlin's most powerful instruments of international influence, the Now reports, citing sources. Sources claim that during the negotiations, the Russian side insisted on this so that the fund could participate as an intermediary in the diesel deal between Russia and the US. The fund, headed by Kirill Dmitriev, invests in Russian companies and joint projects with foreign investors. It was approved by the US in 2022 - then President Joe Biden called it "Putin's slush fund". "On October 9, Donald Trump announced that he had agreed with Putin on the supply of diesel fuel from Russia, supposedly designed to lower global fuel prices. To that end, Washington temporarily eased sanctions on Russian fuel.

The US presidential administration may lift sanctions on the Russian Direct Investment Fund, which US officials once viewed as one of the Kremlin's most powerful instruments of international influence, the Now reports, citing sources. Sources claim that during the negotiations, the Russian side insisted on this so that the fund could participate as an intermediary in the diesel deal between Russia and the US. The fund, headed by Kirill Dmitriev, invests in Russian companies and joint projects with foreign investors. It was approved by the US in 2022 - then President Joe Biden called it "Putin's slush fund". "On October 9, Donald Trump announced that he had agreed with Putin on the supply of diesel fuel from Russia, supposedly designed to lower global fuel prices. To that end, Washington temporarily eased sanctions on Russian fuel.