Trump administration allows for Russian oil sales as energy prices soar The Washington PostSuspended U.S. Sanctions Add a Political Win to Russia's Economic Gains The New York TimesOil prices stay high despite US temporarily lifting sanctions on Russian oil stranded at sea CNNU.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets CNBC
Investors say they are balancing the risks from oil disruptions against the many positives like strong corporate earnings and the likelihood that President Trump will end the war if it threatens markets.