Trump Weighs Easing Russia Oil Sanctions After Phone Call With Putin
Image: Euromaidan Press

Trump Weighs Easing Russia Oil Sanctions After Phone Call With Putin

10 March, 2026.Iran.2 sources

Key Takeaways

  • U.S. president confirmed a telephone call with the Russian leader
  • U.S. administration is weighing easing sanctions on Russian oil
  • The call occurred amid an Iran-driven surge in global oil prices

Trump–Putin phone call

Euromaidan Press reported the call was 'their first call since US and Israeli strikes on Iran'.

Image from Dunya News
Dunya NewsDunya News

Euromaidan Press said Russia’s foreign policy adviser called the talk 'frank'.

Euromaidan Press said Trump described the exchange as 'positive' and said ending the Ukraine war would be more 'helpful'.

Dunya News noted the leaders discussed the Iran conflict and Ukraine and quoted Trump saying Putin 'wanted to be helpful on Iran'.

Dunya News reported the Kremlin described the call as 'very substantial'.

Russia-Iran concerns

US officials emerged from the call worried about Russia’s possible role in the Iran war.

The White House said envoy Steve Witkoff warned Russian officials not to share intelligence with Iran.

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Administration sources said they remain concerned Moscow might be aiding Tehran’s war effort.

Euromaidan Press reported the White House statement and flagged continued US concern that Russia 'may be aiding Iran’s war effort.'

Dunya News recorded Washington’s posture and cited Putin’s warnings about disruptions to shipping and energy routes, underscoring the security and intelligence stakes discussed on the call.

Oil shock and sanctions

Oil briefly neared $120/barrel and gasoline prices in the US jumped.

Euromaidan Press noted the oil-price shock "(briefly near $120/barrel)" and said gasoline prices in the US jumped sharply, while reporting that the administration is "weighing easing some Russia-related oil sanctions" with options "ranging from broad relief to narrowly allowing countries like India to buy Russian crude without US penalties," and that "an announcement could come soon."

Dunya News likewise reported Washington is considering easing sanctions options to boost global supplies amid Middle East-driven shocks.

Energy measures and geopolitics

Officials are also considering additional measures to stabilize energy markets, but easing Russia sanctions carries diplomatic costs because it could boost Moscow’s revenues that fund the war in Ukraine and complicate Western unity.

Euromaidan Press listed other options under discussion — easing Jones Act rules, loosening domestic oil regulations, price controls, export limits, Treasury intervention, and tapping the Strategic Petroleum Reserve — and reported the G7 discussed a coordinated reserve release but 'did not act immediately.'

Image from Dunya News
Dunya NewsDunya News

The same report warned any relaxation of Russian oil sanctions 'carries diplomatic costs — it could boost Moscow’s revenues that fund the war in Ukraine,' and noted Ukraine said a planned trilateral meeting on ending the Ukraine war was postponed because of the Iran operation but that Kyiv 'remains ready to negotiate.'

Dunya News added that Putin cautioned disruption risks in the Strait of Hormuz and suggested Russia could resume long-term energy cooperation with Europe, highlighting how energy measures intersect with broader geopolitics.

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