AMERICA TEMPORARILY LIFTS SANCTIONS ON RUSSIA: Trump spoke with Putin about oil exports and easing the crisis due to the war in Iran!

American President Donald Trump stated that the USA will temporarily lift part of the oil-related sanctions for “certain countries” in order to ease market shortages caused by the war between America, Israel, and Iran.

The decision followed a telephone conversation with Russian President Vladimir Vladimir Putin, writes The Guardian.

Trump told reporters last night in Florida that Washington will temporarily ease sanctions against some countries until the blockade of the Strait of Hormuz, a key route for global oil trade, is resolved, reports Index.

Trump on Russia: We're gonna take those sanctions off until this straightens out. Who knows, maybe we won't have to put them on
pic.twitter.com/mHyWAuGDMH
— Republicans against Trump (@RpsAgainstTrump) March 9, 2026

Trump: We are lifting sanctions until the Strait of Hormuz opens

“We have sanctions against some countries. We will remove those sanctions until the strait is opened,” Trump told reporters, but did not want to provide additional details on which countries the decision applies to.

According to The Guardian, such a move could mean a further easing of sanctions on Russian oil. Reuters, citing multiple sources, reported that the decision could further complicate the efforts of Western countries to punish Moscow for the war Russia is waging against Ukraine.

🚨🇺🇸🇷🇺 BREAKING — Trump Announced he Removed Sanctions on Russian Oil. pic.twitter.com/9iqRTURR7W
— ✦✦✦ 𝙿𝚊𝚖𝚙𝚑𝚕𝚎𝚝𝚜 ✦✦✦ (@PamphletsY) March 9, 2026

Washington is looking for a way to calm the oil market

Sources familiar with the discussions in Washington state that the administration is considering other measures to calm the oil market. Among the options are the release of oil from US strategic reserves or limiting oil exports from the United States of America.

The Guardian reminds that last week Washington issued a temporary exemption allowing India to buy certain shipments of Russian oil to mitigate the loss of supply from the Middle East.

Trump on his war on Iran: "We talked about that with President Putin. He was very impressed with what he saw." pic.twitter.com/4daZDR0FQl
— Aaron Rupar (@atrupar) March 9, 2026

Oil prices rose sharply due to the blockade of the Strait of Hormuz

The blockade of the Strait of Hormuz, through which about a fifth of the world’s oil trade normally passes, has almost completely stopped the movement of oil tankers. Because of this, benchmark oil contract prices briefly jumped above 100 dollars per barrel on Monday, the highest since the beginning of the conflict between Russia and Ukraine in 2022, before partially retreating.

The White House plan, previously presented as an attempt to stabilize traffic through the strait, envisages the escorting of tankers by American warships as well as providing state guarantees for ship insurance. However, as The Guardian states, that plan has not yet significantly increased traffic through this key maritime route.