Kremlin says that Russia and U.S. share an interest in stabilising energy markets

Record ID: 2363844

  • Title: Kremlin says that Russia and U.S. share an interest in stabilising energy markets
  • Date: 13th March 2026
  • Summary: ARVIDSJAUR, SWEDEN (MARCH 5, 2026)(REUTERS) MEMBER OF THE RANGERS FROM THE NORRLAND DRAGOONS DRIVING THROUGH THE SNOW VARIOUS OF NORRLAND RANGERS DRIVING THROUGH SNOW ON SNOW SCOOTERS VARIOUS OF NORRLAND RANGER STOPPING AND FIRING FROM A SNOW SCOOTER VARIOUS OF ARMY RANGER MOUNTING SNOW SCOOTER AND DRIVING AWAY DURING AN EXERCISE TO SIMULATE AMBUSHES (SOUNDBITE)(English) D
  • Embargoed:
  • Keywords: Kremlin Russia U.S. oil sanctions weaver
  • Location: MOSCOW, RUSSIA / UNIDENTIFIED LOCATION
  • City: MOSCOW, RUSSIA / UNIDENTIFIED LOCATION
  • Country: Russia
  • Topics: Diplomacy/Foreign Policy,Europe,Government/Politics
  • Reuters ID: LVA003369913032026RP1
  • Aspect Ratio: 16:9
  • Story Text:Russia sees a U.S. sanctions waiver on its oil as an attempt by Washington to stabilize global energy markets, and the two countries have a shared interest in this, Kremlin spokesman Dmitry Peskov said on Friday (March 13).
    The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products currently at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global markets roiled by the Iran war.
    Without significant volumes of Russian oil entering the market, such stabilization is impossible, Peskov said.
    "We see actions by the United States aimed at trying to stabilize energy markets. In this respect, our interests coincide," he said.
    The move, the second significant rollback of Ukraine war-related U.S. sanctions in just over one week, was the latest attempt by President Donald Trump's administration to tame energy prices after the U.S. and Israeli strikes on Iran paralysed shipping through the Strait of Hormuz.
    Peskov said there was a risk the global energy crisis could escalate.
    "Of course such actions will, to some extent, help stabilize this market, because without significant volumes of Russian oil, market stabilization is impossible," he said.
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