Trump Weighs Russian Oil Sanctions Relief as Hormuz Disruption Sends Prices Soaring

gcaptain.com - March 9, 2026

Trump Weighs Russian Oil Sanctions Relief as Hormuz Disruption Sends Prices Soaring

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices amid the Iran conflict, according to multiple sources.

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