The keys
nuevo
Generated with AI
nuevo
Generated with AI
The Trump Administration move token to try contain the rise in prices unleashed as a result of its military campaign against Iran. Washington has decided temporarily lift sanctions on Russian oil that is in transit. According to the Secretary of the Treasury, Scott Bessantthis is a measure to stabilize world energy markets, shaken by the war in the Middle East.
Bessent has detailed that the exemptions to the sanctions that will allow the worldwide sale and delivery of all the Russian oil currently loaded on ships They will be valid only until April 11. According to their estimates, hundreds of millions of barrels will be able to enter the market by eliminating economic retaliation against Moscow for its invasion of Ukraine and its refusal to agree to a ceasefire for one month.
The measure, with which Vladimir Putin rubs its hands at a time when the Russian economy was beginning to show signs of exhaustion from its war effort, it is the last attempt by the White House to control oil prices after the start of the bombings against Iran and the blockade of the Strait of Hormuza key passage through which 20% of the world’s oil is transported.
During the last few hours the price of a barrel of crude oil has fluctuated above $100 per unit.
Last week, the Treasury Department had already India authorized to access Russian oil stranded at sea for a period of 30 days, but now extends the measure globally. Despite the controversial measure, criticized by some European allies, Washington maintains that the withdrawal of the US forces will not be of significant benefit to Russia.
Russia has had to deal with severe sanctions from the United States and the rest of the G-7 since its invasion of Ukraine, which have included an oil price cap and a offensive against his ‘ghost fleet’made up of unidentified vessels that exporters have used to evade sanctions.
According to Fox Newsthis Thursday there were around 124 million barrels of oil of Russian origin in 30 different places in international waters.
A Russian tanker captured by the US.
Trump assured on Thursday that the rise in oil caused by his joint war with Israel and the interruption of the flow in the Strait of Hormuz will bring “a lot of money” to his country – the US is the world leader in crude oil production – but he reaffirmed that his priority right now is destroy the Iranian nuclear program.
However, the decision to temporarily lift these sanctions on Moscow reflects concern in the White House about the damage that rising oil prices could cause to the US economy. the effect this can have on the midterms next November, in which Republicans hope to retain control of Congress.
“The temporary increase in oil prices is a temporary and short-term disturbance that will result in a massive benefit for our nation and our economy in the long term,” Scott Bessent defended in a statement, repeating Trump’s version.