Inside Trump’s 1‑hour phone call with Putin: Impact on Oil prices, Iran ceasefire talks- Key points - World News | The Financial Express

US President Donald Trump said he had a “very good call” with Russian President Vladimir Putin that lasted about an hour.

He said the call covered the war in Ukraine and tensions in the Middle East involving Iran.

Trump spoke to reporters at his golf club in Doral, Florida.

He said the discussion came days after he temporarily lifted some sanctions on Russian oil as the US looks to stabilise energy markets.

The article says this was the first time Trump and Putin had talked since the war in Iran began.

It notes the US last week allowed India to buy Russian oil temporarily in hopes of easing shortages.

Yuri Ushakov told Russian reporters the call was “friendly” and “businesslike” and said Putin suggested an idea for a “quick political and diplomatic end” to the conflict involving Iran.

Trump told reporters Putin had shown interest in helping with the Iran situation but that he encouraged Putin to focus more on ending the Ukraine-Russia war, saying: “I said, ‘You could be more helpful by getting the Ukraine-Russia war over with. That will be more helpful.’”

The article also reports that Steve Witkoff, a White House envoy, told reporters he had warned Russian officials not to share any intelligence with Iran (Axios).

Iranian Deputy Foreign Minister Kazem Gharibabadi said on state TV that France, China, and Russia have reached out to discuss possible ceasefire conditions.

The conversation coincided with market movements and US military claims cited in the article.

Reuters reported the Biden administration is considering further easing Russian oil sanctions to address rising prices.

The article says prices for Brent crude and West Texas Intermediate briefly dropped back below $90 a barrel after Trump’s statements.

Trump described US actions in Iran as a "short-term excursion," said "We’ve already won in many ways, but we haven’t won enough," and told CBS News that American airstrikes have hit "5,000 targets," destroyed 51 ships, and started damaging Iran’s drone stockpiles, adding: "If you look, they have nothing left. There’s nothing left in a military sense."

The article is written by Aditi and was updated March 10, 2026 08:09 IST; it notes the piece was first uploaded on March ten, twenty twenty-six, at one minutes past eight in the morning.