Reported about 10 hours ago
Advisers to President-elect Donald Trump are creating a comprehensive sanctions strategy aimed at facilitating a diplomatic resolution to the Russia-Ukraine conflict, while also increasing pressure on Iran and Venezuela. As the Biden administration has enacted significant sanctions against Russian oil trade, Trump's approach will be critical for the global oil market, with options ranging from easing sanctions if peace seems achievable to reinforcing them for greater leverage. Discussions include key figures from Trump's previous administration and consideration of aggressive secondary sanctions on oil trading.
Source: YAHOO