US eases some Russian oil sanctions but crude prices stay high - AP News

AP News
March 14, 2026
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2 min read

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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.

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