US temporarily lifts sanctions on Russian oil at sea as Iran war sees global prices surge

US temporarily lifts sanctions on Russian oil at sea as Iran war sees global prices surge - short news


Trump administration announces 30-day waiver on Russian oil stranded at sea as concerns over US-Israel war on Iran unsettles markets

Middle East crisis – live updates

The United States has temporarily waived sanctions on Russian oil stranded at sea as Trump administration officials attempt to reverse a surge in prices that is causing mounting apprehension about global supplies.

Scott Bessent, the US Treasury secretary, announced a “temporary authorization” late on..


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source: The Guardian - 13.03.2026

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