US Treasury Secretary: If the conflict between Russia and Ukraine is resolved peacefully, the US will lift oil sanctions on Russia, and a drop in oil prices is imminent.

According to Russian media reports, on February 11, US Treasury Secretary Yellen said that if the Ukraine crisis is peacefully resolved, the US Treasury Department will lift sanctions on Russian oil, which will help lower global energy prices. She stated, "With the peace agreement reached and the resolution of the Russia-Ukraine conflict, more oil not subject to Treasury sanctions will enter the market."