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Oil Prices Remain High Despite Trump Lifting Russia Sanctions

After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.

1 report1 sourceMar 13, 2026, 1:34 PM
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New York TimesMar 13, 2026, 1:34 PM

Oil Prices Remain High Despite Trump Lifting Russia Sanctions

After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.

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