Most popular now

The Times: Trump Considers 'Global Oil Embargo' Against Russia

Trump Considers Oil Embargo Against Russia
Трамп обмірковує можливість запровадження глобального ембарго на нафту проти Росії.

US President Donald Trump has changed his stance on imposing new sanctions against Russia due to growing dissatisfaction with its behavior. Previously, he was against new restrictions for Moscow, but this week his frustration has peaked.

We are getting a ton of lies from Putin, if you want to know the truth. He is always very nice, but it turns out to be meaningless.

The central change has been Trump's attitude towards a bill in Congress that proposes imposing a 500% tariff on countries buying oil or uranium from Russia. He previously called this legislation 'very harsh', but now he has stated that he is considering it carefully.

Trump told me that it is time to act, so we will act.

A vote on sanctions is expected to take place in the Senate by the end of the month. The new restrictions will hit countries such as China, India, and Turkey, which purchase Russian oil.

Expert Opinion on the Situation

According to Maximilian Hess from the Foreign Policy Research Institute, a 500% tariff on Russian oil would be equivalent to a sort of global embargo. He emphasizes that Trump may back away from this decision due to the potential economic consequences associated with rising oil prices.

As a result of the growing dissatisfaction with Russia's behavior, US President Donald Trump is considering new sanctions that could impact countries buying Russian oil. Experts note that such actions could lead to significant economic repercussions that may cause Trump to rethink this decision.

Read also

Advertisement