Ask The Post AIDive deeperIt immediately drew rebuke from congressional Democrats, who had already attacked the administration for easing sanctions on Russian oil that earlier this month had only allowed sales only to India. “Without significant volumes of Russian oil, stabilization of the market is impossible,” Peskov said. With no sign that the strait will be safe for shipping traffic anytime soon, oil prices have continued to rise. Some oil and sanctions experts have questioned how much Russian oil can actually be delivered within the next 30 days. The U.S. and its allies have few remaining tools to keep oil prices from surging as the strait remains cut off.

Source: Washington Post March 13, 2026 14:43 UTC