#oil #usa #russia #trump #putin - U.S. allows Russian oil sales as global prices hit over $100 a barrel | Scott Lucas

13 March 2026

The United States has announced a 30-day waiver allowing certain countries to buy sanctioned Russian oil, as Brent crude surpasses $100 per barrel. The move comes amid Iran’s closure of the Strait of Hormuz and attacks on Gulf shipping. In this World Talks interview, Scott Lucas, Professor of American Studies at University College Dublin, explains how the waiver benefits Russia, the risks for global energy markets, and the wider geopolitical implications. The discussion also examines the challenge for Europe in supporting Ukraine while managing Middle East instability. Host: Sascha Fahrbach

#US #Russia #Oil

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