The USA has set a condition for the Kremlin on when sanctions on Russian oil could be lifted
The U.S. has indicated that lifting sanctions on Russian oil may depend on the formal cessation of the war and international agreements.
The U.S. has laid out conditions under which sanctions imposed on Russian oil might be lifted, emphasizing that significant changes in the global oil market could occur if peace agreements are reached regarding countries such as Venezuela, Iran, Russia, and Ukraine. According to an expert, significant drops in oil prices could be expected alongside the resolution of these geopolitical issues, which would allow previously sanctioned oil to enter the market.
The possibility highlighted by expert S. Bessentas suggests a flexible U.S. approach to its sanctions policy, contingent on Russia adhering to peace conditions in Ukraine. This reflects a potentially strategic maneuver by the U.S. to influence the global energy supply and stabilize prices across various regions, including the U.S., Europe, and Asia.
Experts believe that lifting sanctions on Russian oil could lead to one of the most significant shifts in the energy market in recent history, potentially reducing dependency on alternative energy sources and stabilizing prices for consumers. The ongoing decline in Russian oil production for two consecutive months adds urgency to this discussion and signals possible shifts in international energy dynamics.