Washington DC, March 13 -- The United States has allowed countries to purchase Russian oil currently stranded at sea in a temporary move aimed at easing pressure in global energy markets following disruptions caused by the West Asia crisis.

According to Scott Bessent, US Treasury Secretary, the decision is part of efforts by the administration of Donald Trump to stabilise global oil markets and contain rising fuel prices.

In a social media post, Bessent said the measure would help increase the global availability of oil supply amid geopolitical tensions affecting energy markets.

"@POTUS is taking decisive steps to promote stability in global energy markets and working to keep prices low as we address the threat and instability posed by...