5 facts about the US lifting 30-day Russian oil sanctions

Updated
March 13, 2026
Share
Gambar 5 facts about the US lifting 30-day Russian oil sanctions

Jakarta, Pintu News – The United States has officially eased sanctions on Russian oil temporarily until April 11, 2026. This policy comes amid disruptions to global energy supplies due to the Middle East conflict and the threat of Iran closing the Strait of Hormuz. The move immediately caught the market’s attention as it could affect oil prices, global inflation, as well as investor sentiment in various assets, including crypto and cryptocurrencies.

1. US Eases Russian Oil Sanctions for About 30 Days

The US Treasury Department through the Office of Foreign Assets Control provides a window of about four weeks to allow the sale, delivery, or offloading of crude oil and petroleum products from Russia. This means that oil already in transit can still be processed until the April 11, 2026 deadline.

This policy is essentially temporary and limited, but still important because it touches one of Russia’s main sources of income. Energy exports have historically been a major pillar of Russia’s federal budget, even before the Ukraine war in 2022 contributing almost half of the country’s revenue.

Also Read: 5 February 2026 CPI Facts: Bitcoin (BTC) Drops, Gold & Stable Inflation Risks You Should Know

2. This Step Taken as Global Oil Supply is Depressed

world oil price chart today
Generated by AI

The relaxation of sanctions did not happen in a vacuum, but at a time when the energy market was facing major disruptions. The military conflict between the US, Israel and Iran has put the world’s oil trade routes under pressure again.

The Strait of Hormuz is the most crucial point as it drains about a fifth of the global crude oil supply. When ship traffic in the region declines due to attacks on commercial vessels and the threat of mines, the market immediately assesses that global oil supplies could get tighter.

3. Oil Prices Remain High and Inflation Risk Has Not Abated

The market immediately looked at the impact of this decision on energy prices. Brent crude was recorded to rise around 0.6% to US$101.07 per barrel or around Rp1.71 million per barrel, while West Texas Intermediate was at US$96.15 per barrel or around Rp1.63 million per barrel.

Oil prices above US$100 per barrel signal that inflation risks are still high. For investors, this is important because energy spikes usually affect interest rate expectations, logistics costs, and global purchasing power, so the sentiment can spread to stocks, commodities, and crypto markets.

4. Russia still has the potential for additional revenue

Despite the US government’s assertion that the financial benefits to Russia will be limited, the market still sees room for additional revenue from energy exports. Urgewald’s analysis shows Russia’s fossil fuel export revenues average 510 million euros per day, or about US$587 million per day.

If converted at an exchange rate of 1 USD = IDR 16,945, that figure is equivalent to around IDR 9.95 trillion per day. Such a value explains why Russia’s energy trade remains a sensitive point in geopolitics, as the revenue can help support state spending and the defense sector.

5. Impact Could Extend to Global Market Sentiment, Including Crypto

Energy policies like these not only impact oil, but also the way investors read global risks. When energy prices rise and geopolitical uncertainty grows, market participants are usually more cautious towards risky assets.

Under such conditions, digital assets such as Bitcoin and other cryptocurrencies can experience volatility as investors reassess their portfolio allocations. In other words, Russian oil, regional wars, and inflation are not just energy market stories, but also part of the macro dynamics that can affect crypto indirectly.

Monitor World Oil Price Through Crypto Tokens

Imagine being able to monitor and potentially gain exposure to global oil price movements directly through crypto assets. One way is through Chevron and other US stocks that you can access on the Pintu platform, allowing investors to follow the dynamics of the global energy market from the cryptocurrency ecosystem.

By utilizing blockchain technology, you can view price movements, make transactions easily, and explore portfolio diversification opportunities between global commodities and crypto assets in one app.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

Topic

Latest News

See All News ->