U.S. Weighs Easing Sanctions on Russia's Energy Sector Amid Ukraine Peace Talks
The U.S. is considering easing sanctions on Russia's energy sector to facilitate peace talks amid the Ukraine war. This move could enable swift relief if an agreement is reached. The White House has tasked the Treasury with preparing options, acknowledging the complex geopolitical and economic factors involved in such decisions.
The U.S. government is exploring options to ease sanctions on Russia's energy sector as part of a strategy to swiftly offer relief should Moscow agree to end the Ukraine conflict, according to sources familiar with the situation.
Earlier reports indicated plans to potentially lift sanctions on Russian entities and individuals, but it remained unclear if the energy sector would be included. Now, with Russia as a major global oil and gas producer, the U.S. has targeted the sector in a bid to cut off war-related funding by capping Russian oil exports.
Preparatory discussions, potentially laying groundwork for future talks between President Donald Trump and President Vladimir Putin, underscore the complexities of geopolitics, as easing sanctions could be a pivotal element of a peace deal while balancing the potential impacts on global energy markets.
(With inputs from agencies.)
ALSO READ
WRAPUP 5-Hungary blocks Russia sanctions, EU cash for Kyiv on eve of Ukraine war anniversary
WRAPUP 4-Hungary blocks Russia sanctions, EU cash for Kyiv on eve of Ukraine war anniversary
Peace Talks and Prisoner Exchanges: Hope on the Horizon for Ukraine
UPDATE 1-Next round of Ukraine peace talks could be this week, Kyiv says
Ukraine War: Funding Cuts Threaten Lifeline for Women

