Trump to lift some sanctions on countries buying Russian oil
Mar 9th 2026
At a White House press conference, Trump said the US will lift certain oil-related sanctions to try to lower global prices and called the measures temporary, UNN reports.
- Trump announced plans to lift certain oil-related sanctions on countries that buy Russian oil.
- He said the move aims to lower oil prices.
- He described the measures as temporary and said they could be reimposed if the situation does not improve.
- When asked about the war in Iran he said it will end very soon but not this week.
- Previously the US slowed sales of Lukoil international assets to pressure Russia in peace talks on Ukraine.