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U.S. Eases Oil Exports; Critics Warn of Kremlin Profits

3/23/2026

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Story summary
  • On March 22, 2026, U.S. Treasury Secretary Scott Bessent defended the Trump administration's decision to ease Iranian and Russian oil exports in an NBC News interview, arguing it could stabilize prices by letting Japan and South Korea buy oil.
  • Democratic senators warned the policy could generate up to $150 million daily for the Kremlin.
  • President Zelensky warned the extra revenue could fuel military spending, especially on drone production.