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News in English (USA) / 13.03.2026 / 15:00

US Temporarily Lifts Sanctions on Russian Oil Amid Rising Energy Prices

In response to soaring global energy prices due to the ongoing war in Iran, the US has temporarily lifted sanctions on Russian oil, allowing for the sale of crude oil that is already at sea. This decision is aimed at stabilizing the energy markets as oil prices hover around $100 a barrel. The Trump administration is granting a 30-day waiver for stranded Russian oil purchases, which includes approximately 19 million barrels of crude available for purchase. While some officials support this move as a necessary step to mitigate price spikes, there are concerns that easing sanctions could inadvertently benefit the Kremlin. Criticism has emerged from various quarters, including Ukraine supporters, who argue that such measures could undermine efforts to pressure Russia. As the situation develops, the implications of these policy changes on global oil markets and geopolitical dynamics remain to be seen.
Bloomberg.com, The New York Times, USA Today, The Guardian, Reuters, KATU, The Washington Post, CNBC, CBS News, CNN