“He suggested that Biden’s team avoided increasing sanctions against Russian oil so as not to raise domestic US oil and gas prices ahead of the 2024 election.”, — write: www.unian.ua
He suggested that Biden’s team avoided increasing sanctions against Russian oil so as not to raise domestic US oil and gas prices ahead of the 2024 election.
Bessent expressed the opinion that the Biden administration’s sanctions against Russia “were not tough enough” / photo ua.depositphotos.comTreasury Secretary nominee Scott Bessent said he would fully support tougher sanctions against Russian oil companies if President-elect Donald Trump approves the strategy to end the war in Ukraine. The Hill writes about it.“If any Russian officials are watching these confirmation hearings, they should know: If I am confirmed, and if President Trump asks me to support his strategy to end the war in Ukraine, I am 100% ready to increase sanctions, especially against the Russian oil giants, to such a level that it will force the Russian Federation to sit down at the negotiating table,” Bessent said.
He called the war in Ukraine “one of the biggest tragedies of my adult life.”
“And finish it [необхідно] as soon as possible, in whatever role the Ministry of Finance can help in this – if I am approved, I am ready to do it,” he added.
Bessent expressed the opinion that the Biden administration’s sanctions against Russia “were not tough enough.” He suggested that the Biden team until recently avoided increasing sanctions against Russian oil in order not to increase domestic prices of oil and gas in the US in the run-up to the 2024 election. The financier explained:
“I think the previous administration was afraid of higher energy prices in the US during the election season. And I don’t understand why the national security adviser [Джейк] On his way out of office, Sullivan is increasing the level of sanctions against Russian oil companies, while US oil prices are up about 9% this month.”
Sanctions against the Russian Federation – the latest newsTrump’s team is considering both softening and strengthening sanctions against the Russian oil industry. According to Bloomberg, the US president-elect’s team is currently considering two approaches to forcing Russia to end hostilities in Ukraine.
If the administration of the president-elect believes that the war in Ukraine is close to ending, the US will be ready to make concessions regarding the Russian oil sector. In particular, officials are considering extending producer licenses or raising the price ceiling for Russian oil.
Otherwise, the Trump team is going to increase the sanctions pressure. According to Bloomberg sources, we may be talking about sanctions against European shippers and buyers of oil from Asia – companies from China and India.
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