Trump administration allows purchase of Russian oil already at sea

The U.S. is temporarily greenlighting the purchase of Russian oil that’s already at sea, Treasury Secretary Scott Bessent said Thursday, in the Trump administration’s latest move to loosen the wartime sanctions that restrict Russia’s oil industry as the world grapples with high oil prices. The authorization will last one month, and applies to petroleum products

US Treasury Issues 30-Day License to Allow Sale of Russian Oil Stranded at Sea

The Liberian-flagged oil tanker Ice Energy (L) transfers crude oil from the Russian-flagged oil tanker Lana (R) (former Pegas), off the shore of Karystos, on the Island of Evia on May 29, 2022. Angelos Tzortzinis/AFP The U.S. Treasury Department issued a license on March 12 temporarily permitting countries to buy Russian crude oil and petroleum

Trump Speaks on Iran, Michigan Synagogue Attack at Women’s History Month Event

President Donald Trump gives a child his pen after signing a proclamation for Women’s History Month with First Lady Melania Trump during an event in the East Room of the White House on March 12, 2026 in Washington. Heather Diehl/Getty Images WASHINGTON—President Donald Trump on March 12 addressed the situation in Iran and the recent