At a White House press conference, President Donald Trump said the United States intends to lift âcertain oil-related sanctionsâ that apply to some countries buying Russian oil. He stated the purpose is âto lower prices.â
Trump said the United States had imposed sanctions on some countries, but is lifting them âuntil the situation improves,â adding that sanctions might not be reimposed. He also said the war against Iran would end âvery soon,â and when asked whether it would end this week, he responded, âNo, but very soon.â
The context also notes that the United States slowed the sale of international assets of the Russian oil company Lukoil as part of pressure on Russia in peace talks on Ukraine.