Trump announces sanctions relief to ease oil prices, says Iran war to end 'very soon'
Source: MarketWatch
Published: March 9, 2026 at 6:44 p.m. ET
President Donald Trump said the U.S. is waiving oil-related sanctions on certain countries in an effort to ease crude prices, as he estimated the war with Iran would end very soon. So in some countries, were going to take those sanctions off until this straightens out, Trump said in remarks to reporters in Doral, Fla.
The president spoke after U.S. stocks SPX +0.83% staged a comeback and oil prices CL.1 -7.05% BRN00 -9.27% retreated from highs as investors priced in the possibility of a coordinated emergency release of oil reserves.
Trump didnt name countries on which his administration is mulling the reduction of sanctions. Earlier Monday, Reuters reported that the White House was weighing further easing of sanctions on Russia. The U.S. has allowed India to buy Russian oil without being penalized by the Trump administration. Trump spoke with Russian leader Vladimir Putin on Monday.
Trump predicted a short-term excursion in Iran but also suggested U.S. involvement there would continue. We could go further, and were going to go further, he said. Earlier Monday, Trump told a CBS reporter that the conflict with Iran could end soon, saying he thought the war was very complete, pretty much. He said Iran has no navy, communications or air force.
Read more: https://www.marketwatch.com/story/trump-announces-sanctions-relief-to-ease-oil-prices-says-iran-war-to-end-very-soon-ab0ee595
On this original "list" was Russia.
Skittles
(171,791 posts)reminds me of this clip from Clue
Chasstev365
(7,822 posts)Ray Bruns
(6,380 posts)Harker
(17,819 posts)sakabatou
(46,162 posts)
IronLionZion
(51,302 posts)He's willing to sacrifice plenty of Americans and Iranians and our allies in nearby countries so Russia can make some sweet profits.
riversedge
(80,872 posts)Crowman2009
(3,529 posts)Putin must be letting Bibi know that Trumpy is his bitch.
Crowman2009
(3,529 posts)And hopefully Pastor Hagis will have a massive coronary as well.
C_U_L8R
(49,396 posts)TACO.
Cheezoholic
(3,722 posts)He just created a new Osama with this "war". He has no credibility with the Iranian opposition or people who want out from under the ruthless clerics rule because it's neighbors will NOT ALLOW A DEMOCRACY in the region and Iran's neighbors are ALL FILTHY RICH MONARCHIES WHO USE RUTHLESS CLERICS TO RULE!
cstanleytech
(28,483 posts)everyonematters
(4,163 posts)If the war against Iran is worthy, than the sacrifice of higher gas prices is worthy. This is like lifting the oil embargo on the Japanese after they bombed Pearl Harbor to make it easier to take on Hitler.
RussBLib
(10,641 posts)I dont think Israel is ready to walk away.
https://russblib.blogspot.com/?m=1
LetMyPeopleVote
(179,997 posts)Last edited Tue Mar 17, 2026, 06:32 PM - Edit history (1)
The president has publicly excused an adversary for helping a different adversary target U.S. troops and assets during the war.
Trump knows heâs been accused of being Putinâs puppet for years. He has an incentive to show he hasnât been compromised by the Kremlin.
— Steve Benen (@stevebenen.com) 2026-03-16T17:16:39.187Z
But as Moscow helps Iran target Americans, Trump is giving Russia a pass anyway, reinforcing his criticsâ worst fears. www.ms.now/rachel-maddo...
https://www.ms.now/rachel-maddow-show/maddowblog/trump-gives-putins-russia-a-pass-on-assisting-iran-during-the-u-s-war
The question is less about whether Russia has assisted Iran and more about what Donald Trump intends to do about it.
The initial reaction from the American president and his team was to express total indifference, despite the severity of the allegations. This was soon followed by news out of the White House that the Republican administration agreed effectively to reward Vladimir Putins regime by temporarily easing oil sanctions on the country twice.....
But in case this werent quite ridiculous enough, Trump has continued to find new ways to make the problem worse. In his latest interview with Fox News Brian Kilmeade, for example, the president conceded that he believes Russia might be assisting Iran, but said Putins regime deserves a pass because the United States has assisted Ukraine.
KILMEADE: You think Putin is helping Iran?
— Aaron Rupar (@atrupar.com) 2026-03-13T15:16:10.560Z
TRUMP: I think he might be helping them a little bit, yeah, & he probably thinks we're helping Ukraine, right?
K: You are, right?
T: Yeah, we're helping them also, & so he says that, & China would say the same thing. It's like, hey, they do it & we do it
.....Just so were clear, the incumbent American president, during a war, is both echoing Putins talking points for him and excusing an adversary for helping a different adversary target American troops and assets.
If theres a precedent for anything like this, Im not aware of it. Trump is no doubt aware of concerns that he has been compromised by Moscow, and hes not exactly going out of his way to temper those fears.
As for the White Houses decision to offer Russia sanctions relief while it helps Iran target Americans, the move hasnt just drawn criticisms from Capitol Hill, including from Democrats and some Republicans, but it also has generated pushback from some of the same countries in the region that Trump has demanded help from.
The Wall Street Journal reported last week that Putin can barely conceal a smirk as the war in Iran continues. Theres little question as to why.