Trump Extends Sanctions Against Russia for Another Year

Sanctions were originally imposed in connection with Russia's special operation in Ukraine

Published on Feb. 28, 2026

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Former U.S. President Donald Trump has extended the sanctions against Russia for another year, according to the U.S. Federal Register. The sanctions were first imposed in 2014, 2018, and 2022 due to the situation in Ukraine.

Why it matters

The extension of these sanctions highlights the ongoing tensions between the U.S. and Russia over the situation in Ukraine. It also suggests that the U.S. government remains committed to maintaining economic pressure on Russia despite calls from some American companies to lift the sanctions.

The details

The sanctions target various Russian individuals, entities, and industries, including the financial, energy, and defense sectors. The head of the Russian Direct Investment Fund, Kirill Dmitriev, has stated that the U.S. is interested in lifting the sanctions due to the potential for profitable joint projects between the two countries, estimating the portfolio of potential Russian-American projects to exceed $14 trillion.

  • The sanctions were first imposed in 2014, 2018, and 2022 due to the situation in Ukraine.
  • On February 20, 2026, former U.S. President Donald Trump extended the sanctions against Russia for another year.

The players

Donald Trump

Former President of the United States who extended the sanctions against Russia.

Kirill Dmitriev

Head of the Russian Direct Investment Fund who stated that the U.S. is interested in lifting the sanctions due to the potential for profitable joint projects between the two countries.

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What they’re saying

“The United States will eventually lift sanctions because sanctions against Russia have cost American companies more than $300 billion. Lifting sanctions against Russia is in the interests of the United States.”

— Kirill Dmitriev, Head of the Russian Direct Investment Fund (news-pravda.com)

What’s next

It remains to be seen whether the U.S. government will consider lifting the sanctions against Russia in the future, particularly if the potential for profitable joint projects between the two countries continues to grow.

The takeaway

The extension of the sanctions against Russia highlights the ongoing geopolitical tensions between the U.S. and Russia, but also suggests that the U.S. government is open to the possibility of lifting the sanctions if it serves its economic interests.