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2026-10-15T07:15:42.674Z

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Trump evaluates easing tanker sanctions

Trump evaluates easing tanker sanctions

The administration of U.S. President Donald Trump is studying the possibility of easing sanctions imposed on oil tankers connected to Russia, Iran, and Venezuela in an effort to reduce shipping costs that have reached record levels and caused disruptions in global energy trade. This step would allow the transfer of oil and petroleum products via sanctioned ships with the approval of the U.S. Treasury Department, potentially increasing supplies from the Gulf region. These discussions come after a temporary suspension of sanctions on Russian diesel and raise concerns about their impact on Russian funding for the war, especially amid rising oil and fuel prices, which pose a political risk ahead of the November elections in the United States.

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