US Eases Russian Oil Sanctions to Calm Energy Markets

US eases Russian oil sanctions

3/13/2026, 10:15:36 AM en source ↗

Summary

The United States has temporarily eased sanctions on Russian oil in an effort to stabilise global energy markets, where crude prices have been surging in the wake of US-Israeli military strikes on Iran. The move marks a significant policy shift as Washington attempts to offset the energy supply disruptions caused by the escalating conflict in the Middle East. The suspension is expected to inject additional oil supply into markets rattled by the ongoing Iran crisis.

Preview

Preview The US has temporarily suspended a Russian oil ban to cool energy markets as crude prices continue to soar after US-Israel attacks on Iran
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