War financing Trump wants to end Ukraine War through a low oil price






Ukraine has long been trying to end the war by draining Russia’s sources of financing. That is why Kiev is now happy about a proposal by US President Trump.

US President Donald Trump wants to end the war in Ukraine through a low oil price and talk to the Opec and Saudi Arabia about reducing costs. “If the price would drop, the Russian-Ukrainian war would stop immediately,” said Trump in his speech at the World Economic Forum in Davos. “At the moment, the price is high enough for the war to continue,” said Trump. “I will ask Saudi Arabia and the Opec to reduce the costs for oil.” The price must fall.

The energy -gross power of Russia finances its war of aggression, for example by selling oil to India and China. All previous attempts by the West – from an embargo for Russian oil in the United States to a price cover in the EU to sanctions against tankers – did not bring the success hoped for by Ukraine to dry one of the most important sources of financing for Moscow War.

“You have to lower the price, you can end the war,” said Trump. He had previously explained to significantly raise oil production in the United States. A higher offer on the world market would drop prices.

Ukraine welcomes Trump’s proposal

Trump said several times with Kremlin chief Vladimir Putin about the end of the war. So far, he has not presented a plan on how he wants to come to peace in the complex conflict. Putin himself had agreed to a dialogue and also about possible compromises.

“We support US President Donald Trump in his wish to reduce the oil price. As a result, Russia’s ability to finance the war will collapse,” said the head of the Ukrainian Presidential Administration, Andrij Jermak, in his channel near Telegram. The goal must be to push the price of a barrel oil to $ 30. A hard price case is also the way to “global security,” said Jermak. A barrel of the US variety WTI currently costs more than $ 74, Opec-oil more than $ 80 per barrel.

Ukraine has been defending itself with Western help against the Russian attack war for almost three years.

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