Trump is considering export curbs and tax waivers to curb oil prices.

Mar 9, 2026, 4:18:25 PM UTC(2 hours ago)
Impact: High

Affected Assets

  • Trump is considering export curbs and tax waivers to curb oil prices.
  • The Trump administration is exploring options to curb rising oil prices, including export curbs and tax waivers.
  • This follows a recent 30-day waiver allowing Indian firms to purchase Russian crude, a move aimed at boosting global supply.
  • Other potential measures under consideration include releasing crude from the Strategic Petroleum Reserve and loosening U.S. sanctions on Russian oil shipments.
  • The administration believes that fear, not shortages, is driving up oil prices.

Sources

TRUMP MULLS EXPORT CURBS, TAX WAIVERS TO CURB OIL PRICES
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Trump is considering export curbs and tax waivers to curb oil prices. | Foxly Invest