U.S. President Donald Trump said he is unconcerned about the oil market impact of potential new sanctions on Russia, arguing that crude prices are currently “pretty low.” Speaking to reporters on Tuesday, Trump added that the United States has abundant domestic supplies and could “step it up” by further increasing production if tighter measures against Moscow disrupt global flows. Trump’s comments highlight the administration’s reliance on expanding U.S. output to cushion any supply shock stemming from diplomatic actions against Russia, one of the world’s largest oil exporters. His remarks come as benchmark Brent crude is trading well below last year’s highs, easing pressure on consumers but raising questions among producers about future price support.