US President Donald Trump announced that his administration is considering easing certain oil-related sanctions to counter rising energy prices. Speaking to reporters on March 10, 2026, he said that sanctions on some countries could be lifted temporarily until the situation stabilizes. Trump added that the move could potentially lead to lasting peace, though he did not specify which countries or sanctions were under review.

During the same press conference, Trump mentioned having a “very good” phone conversation with Russian President Vladimir Putin but provided no further details. The report noted that the United States had already temporarily relaxed sanctions to allow India to purchase Russian oil stranded at sea.

The announcement signals a possible shift in US energy and foreign policy, though the lack of specifics leaves uncertainty about which nations might benefit and how long the easing would last.