{"id":3705,"date":"2026-03-13T07:48:06","date_gmt":"2026-03-13T03:48:06","guid":{"rendered":"https:\/\/duye.live\/?p=3705"},"modified":"2026-03-13T07:48:07","modified_gmt":"2026-03-13T03:48:07","slug":"trump-temporarily-lifts-sanctions-on-russian-oil-stranded-at-sea","status":"publish","type":"post","link":"https:\/\/duye.live\/?p=3705","title":{"rendered":"Trump temporarily lifts sanctions on Russian oil \u2018stranded at sea\u2019"},"content":{"rendered":"\n<p>The Trump administration temporarily lifted sanctions on Russian oil \u201cstranded at sea\u201d Thursday in an effort to contain skyrocketing energy prices due to Iranian threats against tanker ships.<\/p>\n\n\n\n<p>Treasury Secretary Scott Bessent described the move as one of President Trump\u2019s \u201cdecisive steps to promote stability in global energy markets\u201d and keep oil prices low amid the \u201cthreat and instability posed by the terrorist Iranian regime.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/nypost.com\/2026\/03\/12\/us-news\/trump-admin-temporarily-lifts-sanctions-on-russian-oil-stranded-at-sea\/?utm_medium=social&amp;sr_share=facebook&amp;utm_source=facebook&amp;utm_campaign=nypost&amp;fbclid=IwY2xjawQgZ81leHRuA2FlbQIxMABicmlkETFmQ2JWcUhJWW1BbFYyV2lhc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHrgkF3wEzaxl4bHJZAJ7c8FsJBYE8dtLHsf4cJN-_JNzSIpR-p1JiA7xo84a_aem_dqe--SRCIsE25DzSNHuMcw#\"><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/03\/u-s-president-donald-trump-123413201.jpg?w=1024\" alt=\"U.S. President Donald Trump speaking at a Women's History Month event in the East Room of the White House.\" class=\"wp-image-38765346\"\/><\/a><figcaption class=\"wp-element-caption\">The Trump administration has temporarily lifted sanctions on Russian oil in an effort to contain skyrocketing energy prices.REUTERS<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/nypost.com\/2026\/03\/12\/us-news\/trump-admin-temporarily-lifts-sanctions-on-russian-oil-stranded-at-sea\/?utm_medium=social&amp;sr_share=facebook&amp;utm_source=facebook&amp;utm_campaign=nypost&amp;fbclid=IwY2xjawQgZ81leHRuA2FlbQIxMABicmlkETFmQ2JWcUhJWW1BbFYyV2lhc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHrgkF3wEzaxl4bHJZAJ7c8FsJBYE8dtLHsf4cJN-_JNzSIpR-p1JiA7xo84a_aem_dqe--SRCIsE25DzSNHuMcw#\"><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/03\/photo-christopher-sadowski-tags-postinhouse-123430415.jpg?w=1024\" alt=\"A general view of $3 gas prices as seen at a Sunoco gas station in Englewood, NJ on March 12, 2026. Gasoline prices jumped almost 30 cents in the last week to a national average of $3.59 per gallon since the United States and Israel have been attacking Iran with bombs and missiles resulting in the unexpected death of Iran's Supreme Leader Ali Khamenei. (Photo\/Christopher Sadowski)\n\" class=\"wp-image-38765571\"\/><\/a><figcaption class=\"wp-element-caption\">Gas prices jumped almost 30 cents in the last week to a national average of $3.59 per gallon since the US and Israel\u2019s war with Iran began.Christopher Sadowski for New York Post<\/figcaption><\/figure>\n\n\n\n<p>\u201cTo increase the global reach of existing supply, [Treasury] is providing a temporary authorization to permit countries to purchase Russian oil currently stranded at sea,\u201d&nbsp;<a href=\"https:\/\/x.com\/SecScottBessent\/status\/2032240591442960393\" target=\"_blank\" rel=\"noreferrer noopener\">Bessent wrote on X<\/a>.<\/p>\n\n\n\n<p>The treasury secretary noted that the \u201cnarrowly tailored, short-term measure\u201d will only apply to oil \u201calready in transit.\u201d<\/p>\n\n\n\n<p>There are an estimated 124 million barrels of oil originating from Moscow at sea, which is enough for about five to six days of supply,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2026\/03\/13\/bessent-us-allows-purchase-russian-oil-stranded-sea-energy-markets.html\" target=\"_blank\" rel=\"noreferrer noopener\">according to CNBC<\/a>.<\/p>\n\n\n\n<p>Bessent also asserted that it \u201cwill not provide significant financial benefit to the Russian government,\u201d adding that the Kremlin \u201cderives the majority of its energy revenue from taxes assessed at the point of extraction.\u201d<\/p>\n\n\n\n<p>\u201cPresident Trump\u2019s pro-energy policies have driven U.S. oil and gas production to record levels, contributing to lower fuel prices for hardworking Americans,\u201d the treasury secretary continued.<\/p>\n\n\n\n<p>\u201cThe temporary increase in oil prices is a short-term and temporary disruption that will result in a massive benefit to our nation and economy in the long-term.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/nypost.com\/2026\/03\/12\/us-news\/trump-admin-temporarily-lifts-sanctions-on-russian-oil-stranded-at-sea\/?utm_medium=social&amp;sr_share=facebook&amp;utm_source=facebook&amp;utm_campaign=nypost&amp;fbclid=IwY2xjawQgZ81leHRuA2FlbQIxMABicmlkETFmQ2JWcUhJWW1BbFYyV2lhc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHrgkF3wEzaxl4bHJZAJ7c8FsJBYE8dtLHsf4cJN-_JNzSIpR-p1JiA7xo84a_aem_dqe--SRCIsE25DzSNHuMcw#\"><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/03\/2026-us-president-donald-j-122985192.jpg?w=1024\" alt=\"United States Secretary of the Treasury Scott Bessent, arrives for a television interview outside the West Wing of the White House in Washington, DC, USA, on Friday, March 6, 2026. US President Donald J Trump is set to host executives from top Pentagon contractors, amid worries around depleting stockpiles as the war on Iran approaches the one-week mark with no clear end in sight.\n\" class=\"wp-image-38765569\"\/><\/a><figcaption class=\"wp-element-caption\">\u201cTo increase the global reach of existing supply, [Treasury] is providing a temporary authorization to permit countries to purchase Russian oil currently stranded at sea,\u201d Treasury Secretary Scott Bessent wrote on X.Aaron Schwartz\/POOL via CNP\/INSTARimages.com<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/nypost.com\/2026\/03\/12\/us-news\/trump-admin-temporarily-lifts-sanctions-on-russian-oil-stranded-at-sea\/?utm_medium=social&amp;sr_share=facebook&amp;utm_source=facebook&amp;utm_campaign=nypost&amp;fbclid=IwY2xjawQgZ81leHRuA2FlbQIxMABicmlkETFmQ2JWcUhJWW1BbFYyV2lhc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHrgkF3wEzaxl4bHJZAJ7c8FsJBYE8dtLHsf4cJN-_JNzSIpR-p1JiA7xo84a_aem_dqe--SRCIsE25DzSNHuMcw#\"><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2026\/03\/russian-president-vladimir-putin-meets-123398431.jpg?w=1024\" alt=\"MANDATORY CREDIT\n\nMandatory Credit: Photo by GAVRIIL GRIGOROV\/SPUTNIK\/KREMLIN POOL\/EPA\/Shutterstock (16759252a)\n\nRussian President Vladimir Putin meets with Orenburg Region Governor Yevgeny Solntsev at the Kremlin in Moscow, Russia, 12 March 2026.\n\nRussian President Vladimir Putin meets with Orenburg Region Governor Yevgeny Solntsev, Moscow, Russian Federation - 12 Mar 2026\" class=\"wp-image-38765567\"\/><\/a><figcaption class=\"wp-element-caption\">Bessent also asserted that it \u201cwill not provide significant financial benefit to the Russian government,\u201d adding that the Kremlin \u201cderives the majority of its energy revenue from taxes assessed at the point of extraction.\u201dGAVRIIL GRIGOROV\/SPUTNIK\/KREMLIN POOL\/EPA\/Shutterstock<\/figcaption><\/figure>\n\n\n\n<p>The exemptions will be in place until April 11.<\/p>\n\n\n\n<p>As the war against Iran continues, oil prices surged to $100 per barrel on Thursday.<\/p>\n\n\n\n<p>The price of a barrel of Brent crude, the international standard, climbed 9.2% to settle at $100.46.<\/p>\n\n\n\n<p>Iranian Supreme Leader Mojtaba Khamenei, meanwhile,&nbsp;<a href=\"https:\/\/nypost.com\/2026\/03\/12\/us-news\/us-navy-escorts-through-strait-of-hormuz-cant-happen-now-energy-secretary-says-as-iran-touts-tool-to-pressure-enemy\/\" target=\"_blank\" rel=\"noreferrer noopener\">vowed Thursday to keep the Strait of Hormuz closed<\/a>&nbsp;as a \u201ctool to pressure the enemy.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"811\" height=\"540\" src=\"https:\/\/duye.live\/wp-content\/uploads\/2026\/03\/image-134.png\" alt=\"\" class=\"wp-image-3706\" srcset=\"https:\/\/duye.live\/wp-content\/uploads\/2026\/03\/image-134.png 811w, https:\/\/duye.live\/wp-content\/uploads\/2026\/03\/image-134-300x200.png 300w, https:\/\/duye.live\/wp-content\/uploads\/2026\/03\/image-134-768x511.png 768w\" sizes=\"auto, (max-width: 811px) 100vw, 811px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Trump administration temporarily lifted sanctions on Russian oil \u201cstranded at sea\u201d Thursday in an effort to contain skyrocketing energy prices due to Iranian threats against tanker ships. Treasury Secretary &hellip; <\/p>\n","protected":false},"author":1,"featured_media":3706,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8],"class_list":["post-3705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-uncategorized"],"_links":{"self":[{"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/posts\/3705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/duye.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3705"}],"version-history":[{"count":1,"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/posts\/3705\/revisions"}],"predecessor-version":[{"id":3707,"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/posts\/3705\/revisions\/3707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/duye.live\/index.php?rest_route=\/wp\/v2\/media\/3706"}],"wp:attachment":[{"href":"https:\/\/duye.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/duye.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/duye.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}