US eases some Russian oil sanctions but crude prices stay high - AP News
Quick Insights
The Bottom Line
The US eased some Russian oil sanctions but crude prices remain high.
How This Affects You
Gas prices at the pump haven't dropped despite loosened sanctions on Russian oil.
AI Summary
The Trump administration has eased certain sanctions on Russian oil while global crude prices remain elevated. The sanctions relief comes as energy markets continue to face supply pressures despite the policy adjustment. Oil prices have not declined in response to the loosened restrictions, indicating continued market volatility. The administration's move represents a shift in approach to Russian energy sanctions that were previously tightened during geopolitical tensions.
Source Coverage Map
12 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
This article is part of a story we're tracking:
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
PoliticsJapan to consider whether to buy Russian crude following US sanctions waiver - Reuters
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxPREYxU0xXSUpSVkRnZE9ocFBKVVd3UlowMlg5VzNjSUE3azBfYVNsbzVpdmR0amZ2SF9QN2VfbU1QTzZmVmlzNDllY3R0djFaZjBzaEJrZUdhLU5ZcEg1NFdZR1lmRGEyX09YMkFqbHNPSWRnNmk1b0hLWDRQeHN3cHVadXkyc1VjRFQ3VlhjbUdPY0VOcXhwN3JtUDZNZWotTEQzZU93VjBlaU9lVTFzME1SWmdsYmRSRC05QlN2MjlWdnVkdXF3SXUxWDk5d05ndTF0VUh0aV9xc2pvcEtz?oc=5" target="_blank">Japan to consider whether to buy Russian crude following US sanctions waiver</a> <font color="#6f6f6f">Reuters</font>
FinanceCrude oil prices surpass $100 a barrel as the Iran war impedes production and shipping - AP News
<a href="https://news.google.com/rss/articles/CBMilwFBVV95cUxPTFp6S2dqMlZ0dzJTd01Pa3RaVXhzLUVDS1NTeVBYcXM2TWdhQ3hVNEpaTnp5U05aRk1GRU9yRERCZjVVVnhZMzhkV1Z6bDJjT2tNeHNMc0FzcllZdE1kOEhteHkxQVRfV3VDWGY4aWF1NWxZQURRSW9jQ2JoSEdCNTl2c3c3NGFBWHNva0tqOUoyeXZ3OERz?oc=5" target="_blank">Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping</a> <font color="#6f6f6f">AP News</font>
FinanceWorld shares are mixed as investors watch for release of oil reserves and crude heads higher - AP News
<a href="https://news.google.com/rss/articles/CBMikwFBVV95cUxOaUtKTFhnN0lka1hsbXpJWVBVZEZJRm5mSlZiQTBvRm14SlpuT2FhWGxqYkFnSGFQcEZMUEdURG1hdkNWbG9DdG9acEQzNHRMelJaZjE1a3dpYmo2ZkNiREpyajBialVDTE94QTI4X2I4TmZXOGdhd21tekM2VnR4VGxfeTdScFNXVm9GMV8yTzc1QWc?oc=5" target="_blank">World shares are mixed as investors watch for release of oil reserves and crude heads higher</a> <font color="#6f6f6f">AP News</font>
PoliticsScoop: Trump eases Venezuela sanctions on oil, fertilizer to blunt Iran war costs
<p>The Treasury Department made it easier Friday for U.S. businesses and farmers to buy Venezuelan fertilizer and oil as their prices rise because of the <a href="https://www.axios.com/world/iran" target="_blank">Iran war,</a> Axios has learned.</p><p><strong>Why it matters</strong>: The bottleneck of tankers in the Persian Gulf because of Iranian attacks has caused the costs of oil and fertilizer, a petrochemical product, to jump. It threatens to spike inflation and raise the <a href="https://www.dw.com/en/iran-us-israel-war-food-crisis-prices-fertilizer-energy-costs-inflation/a-76286348" target="_blank">cost </a>of food in the U.S.</p><hr><ul><li>By reducing sanctions on oil-rich Venezuela, <a href="https://www.axios.com/2026/03/13/iran-war-trump-officials-ship-escorts-hormuz-strait" target="_blank">Treasury Secretary Scott Bessent</a> hopes to increase supplies in the U.S. and lower prices.</li></ul><p><strong>Zoom in:</strong> The Office of Foreign Assets Control, which manages ...
GlobalU.S. Eases Limits on Russian Energy as Oil Prices Soar
The volatility in energy markets because of the war in Iran could not come at a better time for President Vladimir V. Putin.
PoliticsSenate Democrats press for investigation into moves to ease Russia oil sanctions
Democratic senators are demanding answers after the Trump administration moved to ease sanctions on Russian oil reserves in an attempt to offset the impact of the U.S.-Israeli strikes on global oil supplies. The minority members on the Senate Committee on Banking, Housing and Urban Affairs requested a congressional hearing with Treasury Secretary Scott Bessent by…

Judge blocks Trump administration's subpoenas against Fed Chair Powell
A federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
‘No popular support’: China warns against government change in Iran

Whitmer's office calls for probe into why weather service didn't issue tornado watch - The Detroit News

Defense official reveals how AI chatbots could be used for targeting decisions

Rubio designates Afghanistan as ‘state sponsor of wrongful detention’

Senate Democrat calls for investigation into Texas drone incidents






