US President Donald Trump announced the start of easing some of the coercive measures imposed on Russian oil exports, in light of the escalation of crises hitting global energy markets.
The New York Times reported that US Treasury Secretary Scott Besant recently issued a 30-day waiver that allows India to buy quantities of Russian oil currently at sea without facing punitive measures from Washington, arguing that this measure will have a "modest impact" on Russian revenues.
Through this partial easing of restrictions, the Trump administration seeks to absorb the violent shocks that have hit energy markets, caused by escalating tensions and ongoing US and Israeli aggressions against Iran.
For his part, Besant stressed that the US administration is studying the possibility of lifting more restrictions on the Russian oil sector, pointing to Trump's recent statements in which he confirmed that his administration is "waiving some sanctions" with the aim of lowering prices globally, without specifying the nature of these concessions or naming Russia directly, only to point out that Moscow, which is currently engaged in negotiations, may be one of the beneficiaries.
The volatility and instability in energy markets as a result of the war in Iran has provided a favorable situation for the Russian side, asking how far Washington can reach in the path of reversing the sanctions policy in the future.
The United States has been seeking to reduce India's imports of Russian oil by opening the way for the import of Venezuelan oil, after the US Treasury Department announced the easing of restrictions on this sector.