- 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.
Trump is considering export curbs and tax waivers to curb oil prices.
Mar 9, 2026, 4:18:25 PM UTC(5 hours ago)
Impact: HighAffected Assets
Sources
From:@DeItaone
TRUMP MULLS EXPORT CURBS, TAX WAIVERS TO CURB OIL PRICES