Kremlin spokesman Dmitry Peskov said on Saturday (14 March) that many countries are interested in purchasing Russian oil after the United States temporarily eased sanctions on certain exports.
Peskov told Russia’s state news agency TASS that global energy markets “cannot afford to lose large volumes of Russian oil”, adding that demand for supplies from Moscow remains strong.
“Markets are indeed wide, and there are many willing to purchase Russian oil,” Peskov said, arguing that renewed flows of Russian crude could help stabilise global energy markets.
Thailand and Sri Lanka have signalled interest in buying Russian oil, according to earlier reports, while U.S. broadcaster CNBC said several other countries, including Japan, could also resume purchases.
The comments came after the administration of U.S. President Donald Trump issued a temporary licence allowing countries to buy certain Russian oil products loaded onto vessels before 12 March. Officials in Washington suggested the measure, introduced as energy markets tighten, could be extended.
Oil prices have surged as the war involving Iran disrupts regional energy supplies. Brent crude rose above $100 per barrel this week for the first time since August 2022.
The conflict has effectively halted tanker traffic through the Strait of Hormuz, a vital shipping route through which roughly one-fifth of global oil supplies normally pass.
Peskov said easing sanctions on Russian oil exports was in the interest of both Moscow and Washington as they seek to stabilise global energy markets.
However, the move has drawn criticism in Europe. German Chancellor Friedrich Merz called the decision “wrong”, saying it risked allowing Russia to exploit the Middle East conflict to weaken Ukraine.
Analysts say that even if the conflict in the Gulf ends quickly, shipping through the Strait of Hormuz may not resume immediately, prolonging pressure on global oil markets.
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U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
Two people have been rescued alive from a tunnel in Nepal, nine days after catastrophic floods devastated the country, as rescuers continue searching for survivors.
A Chinese national was pulled alive from a tunnel in Nepal on Saturday, authorities said, 10 days after a wall of ice, rock and mud tore through a Himalayan valley, killing more than 1,300 people and leaving more than 5,600 missing.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Spanish authorities are preparing a new site in Ceuta to accommodate hundreds of migrants who remain on the streets following large-scale arrivals in July, local media reported Saturday.
At least two people were killed and dozens injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (20 miles) from La Paz, Defence Minister Ernesto Justiniano said.
The resolution, sponsored by African countries and led by Togo, passed by 164 votes to one, with six abstentions. The United States was the only country to vote against it.
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