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US Energy Chief Says Sanctioning Russian Oil to End Ukraine War a Possibility

Business & Policy
July 23, 2025

“It is huge pressure on Russia,” Wright said in an interview on Fox News’ “Special Report with Bret Baier.”

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“That’s the biggest pressure you can put on them,” Wright said.

The U.S. is the world’s top producer of oil and gas, a position Wright said means the U.S. can take action that was previously unthinkable.

“We’re able to do things that we couldn’t do before,” he said.

Despite that position, the Trump administration has not yet put major oil sanctions on Russia, preferring to impose them on OPEC producer Iran since the president took office for a second time in January.

(Reporting by Timothy Gardner; Editing by Leslie Adler and Jamie Freed)