The Russian government has announced that both Moscow and Washington appear to share a mutual interest in stabilizing the global energy markets. This comes in response to the United States granting a temporary waiver that permits the purchase of Russian oil currently in transit despite existing sanctions.
Kremlin spokesman Dmitry Peskov shared on Friday that this move from the US indicates an attempt to reduce volatility in worldwide energy markets.
Recently, the United States authorized a 30-day waiver, allowing nations to buy Russian oil and petroleum products that are already in transit. This decision was made notwithstanding the sanctions imposed due to the ongoing conflict in Ukraine. US Treasury Secretary Scott Bessent described this action as a part of efforts to stabilize global markets disrupted by tensions involving Iran.
Peskov stated that these actions are in line with Russia's own interests.
"We observe that the United States is taking steps to stabilize the energy markets, and in this regard, our interests coincide," he commented.
According to the Kremlin spokesman, achieving market stability will be challenging without a significant volume of Russian oil being available.
"Stabilization is unfeasible without considerable amounts of Russian oil entering the market," he elaborated.
The waiver represents the second significant easing of sanctions related to the Ukraine war within just over a week. This initiative arrives as President Donald Trump’s administration seeks to control surging energy prices following recent US and Israeli military actions in Iran, which have disrupted shipping routes through the Strait of Hormuz.
Peskov warned that the global energy landscape remains precarious and could deteriorate further if hostilities escalate.
"Such measures may help somewhat stabilize the market; however, the broader energy crisis still poses considerable risks," he cautioned.
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