Trump and Putin Discuss Conflicts and Energy Crisis as U.S. Considers Easing Russian Oil Sanctions

SNN – Donald Trump and Vladimir Putin held a phone call to discuss major global issues including the war involving Iran, the ongoing conflict in Ukraine, and the impact of rising oil prices on the global economy.

The conversation came amid heightened tensions in global energy markets. The conflict in the Middle East recently triggered a sharp rise in oil prices, with concerns that disruptions near the Strait of Hormuz—a critical route for global oil shipments—could threaten supply.

During the call, Trump said Putin expressed willingness to help address the crisis involving Iran, though the U.S. president urged him to focus on ending the Russia–Ukraine war. Trump later told reporters he had a “very good call” with the Russian leader and emphasized the need for progress toward peace in Ukraine.

At the same time, the Trump administration is considering easing some oil-related sanctions on Russia in order to stabilize global energy prices. Officials say the move could increase global oil supply following disruptions to shipments from the Middle East caused by the conflict with Iran.

Possible measures being discussed include broader sanctions relief or more targeted options allowing certain countries—such as India—to purchase Russian oil without facing U.S. penalties. The United States has already temporarily allowed India to buy some Russian crude currently in transit to help offset reduced Middle Eastern supplies.

However, easing sanctions could complicate Western efforts to limit Russia’s revenue from energy exports, which have been a major source of funding for Moscow’s war in Ukraine.

Russian officials have acknowledged the discussions but said detailed negotiations on lifting sanctions have not yet taken place. Both Washington and Moscow have nevertheless recognized the broader economic impact of energy disruptions and sanctions on the global market.

The situation highlights the growing link between geopolitics, energy markets, and international diplomacy, as conflicts in the Middle East and Eastern Europe continue to influence global oil prices and economic stability.