Advisers to US President Donald Trump are exploring ways to ease anti-Russian sanctions, including the oil price cap, as reported by Bloomberg.
European leaders, led by the UK and France, are also developing their own proposals to provide security guarantees to Ukraine amidst discussions on US security guarantees.
Reuters sources suggest that the White House is keen on improving relations with Moscow and resolving the Ukrainian conflict, although the immediate lifting of sanctions is uncertain.
The US has been imposing sanctions on Russia since 2014, escalating with the CAATSA law in 2017, impacting various sectors and government entities.