Trump May Reverse Course on Russian Oil Sanctions

At the G7 summit in Évian, President Trump signaled he may reinstate sanctions on Russian oil exports—a shift from prior U.S. resistance to tightening financial restrictions. Whether this becomes official policy or leverage in Moscow negotiations remains uncertain. Enforcement would prove tricky: intermediaries already route oil outside G7 price controls, and new sanctions could strain U.S. ties with major buyers in Asia.