Trump waives oil sanctions to lower global energy prices
President Trump announced he is waiving certain oil sanctions to stabilize global supplies and reduce costs. The move follows a recent waiver for Russian oil.
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The United States is waiving several oil-related sanctions in a strategic move to ensure global supply stability and lower energy costs. President Donald Trump announced the decision on Monday during a press conference held at his Doral golf club in Florida, stating that the action is necessary to prevent significant price spikes for energy benchmarks like Brent Crude Oil.
