Washington DC, Oct. 17 -- US President Donald Trump has waived several sanctions related to Russian fuel sales that were to take effect under the Lindsey O. Graham Sanctioning Russia and Iran Act, a month after signing the Bill.

The law, which has now been paused, would have imposed tariffs of up to 100% on goods brought into the US from the five largest importers of Russian crude oil or gas which includes India and China.

The move comes amid a diesel deal with Russia in the backdrop of soaring diesel prices in the United States ahead of the November midterm elections.

Trump invoked Section 115 of the Graham Act, which authorises the President to waive the application of any sanctions provision with respect to a foreign person, any res...