Prakash Kafle/Kathmandu. United States President Donald Trump has indicated that his administration may temporarily lift certain sanctions imposed on oil-producing countries in an effort to stabilize global energy prices during the ongoing conflict involving the United States, Israel, and Iran.
Speaking at a press conference at his golf club in Miami on Monday, Trump said the decision was being considered after global oil prices experienced dramatic fluctuations within a short period. Crude oil briefly surged to nearly $120 per barrel before dropping below $90, creating uncertainty in global energy markets.
Trump said the United States currently maintains sanctions on several countries and suggested that some of those restrictions could be removed until the situation in the Middle East stabilizes. However, he did not specify which countries might benefit from the potential sanctions relief. Washington presently has oil-related sanctions targeting nations such as Russia, Iran, and Venezuela.
Reports from international media have indicated that the administration is also evaluating the possibility of easing certain restrictions on Russian oil exports in order to prevent further increases in global oil prices.
The energy market has been highly volatile since the United States and Israel launched military strikes against Iran on February 28, raising fears of a broader regional conflict. One of the biggest concerns has been the disruption of shipping through the Strait of Hormuz, a strategic waterway that carries roughly 20 percent of the world’s oil supply.
Iran’s threats to restrict traffic through the strait have significantly affected shipping activity in the region. As a result, several Gulf producers have reduced production while shipments remain delayed, contributing to uncertainty in global supply.
Energy analysts warn that if the Strait of Hormuz remains closed or heavily restricted for an extended period, oil prices could climb dramatically, possibly reaching $150 to $200 per barrel.
Despite the rising tensions, Trump offered mixed signals about the duration of the conflict. He suggested the war could end soon but also said military operations would continue until the United States and its allies achieve what he described as a decisive victory.
इरान युद्धबीच तेल बजार स्थिर राख्न केही प्रतिबन्ध हटाउन सक्ने ट्रम्पको संकेत
