Washington, March 10 (SANA) – U.S. President Donald Trump has begun easing some coercive measures imposed on Russian oil exports amid mounting turbulence in global energy markets.
According to The New York Times, U.S. Treasury Secretary Scott Bessent recently issued a 30-day waiver allowing India to purchase shipments of Russian oil currently at sea without facing U.S. penalties.
Bessent described the move as having only a “modest impact” on Russian revenues.
The newspaper reported that the Trump administration is seeking through this limited easing of restrictions to cushion global energy markets from shocks linked to escalating tensions in the Middle East.
Bessent also said the administration is considering the possibility of lifting additional restrictions on Russia’s oil sector. Trump had earlier indicated that his administration was “waiving some sanctions” in an effort to lower global prices, without specifying the exact measures or naming Russia directly, though Moscow could benefit from the move.
The report added that volatility in energy markets amid the war involving Iran has created a favorable environment for Russia, raising questions about how far Washington might go in rolling back its sanctions policy in the future.
Previously, the United States had sought to reduce India’s imports of Russian oil by facilitating increased purchases of Venezuelan crude after easing restrictions on that sector.
