Commodities / NEWS UPDATE
Trump Considers Lifting Sanctions on Putin’s ‘Slush Fund’
Published · 1 min read
US negotiators are considering lifting sanctions on the Russian Direct Investment Fund (RDIF), a multibillion-dollar sovereign wealth fund, as part of peace proposals aimed at ending the Russia-Ukraine conflict.
RDIF, linked to President Putin's kleptocracy, has been a target of financial penalties due to its strategic investments in Russia. The fund's CEO, Kirill Dmitriev, has been actively engaging with American officials, including Steve Witkoff and Jared Kushner, to normalize relations between the two countries.