Skip to main content

Washington is reluctant to sanction Russian oil tankers to prevent price hikes

The White House does not want to sanction tankers allegedly used by Russia to deliver oil in defiance of Western sanctions as there are fears that such a move could affect fuel prices and hurt President Joe Biden’s reelection campaign, The New York Times reported on July 7, citing sources familiar with the matter. The US outlet reported that White House economic advisers believe the US Treasury proposal will ultimately result in higher oil and gasoline prices. “While Treasury officials want to put Russian tankers out of commission, economic advisers inside the White House worry that there will be a risk of a spike in […] #AmericanGeopoliticalInstitute #UkraineWar
Read Full Article: https://www.vtforeignpolicy.com/2024/07/washington-is-reluctant-to-sanction-russian-oil-tankers-to-prevent-price-hikes/?feed_id=13098
Labels:

Comments

Post a Comment

Popular posts from this blog

My Take: News and Commentaries

British Elections and the Routing of the Conservative Tories. “Third Way, a centrist American think tank, composed a memo analyzing the election results as a “victory for ruthless competence,” holding up Starmer’s (new Prime Minister” campaign as model for other center-left leaders confronting right-wing nationalism.This is not a story of British lurching to the left. This is story about something deeper-broken promises and broken trust; about failing public services and household bills you can’t pay, a collective lust for change. It is about deep disillusionment with politics. The tidal wave that swept away the Conservative Party on Thursday night is […] #Featured #Government #World Read Full Article: https://www.vtforeignpolicy.com/2024/07/my-take-news-and-commentaries-2/?feed_id=13104
Post a Comment
Read more

Top 5 Countries Trumpers Can Move to if Donald Fails Again in Takeover of USA

Hundreds of Thousands of Trumpers are Threatening to Leave the USA if their Savior Donald Trump Does NOT take over the USA. But where can they really go? Let's take a serious look... #Featured #HealthWellness #Life Read Full Article: https://www.vtforeignpolicy.com/2024/09/top-5-countries-trumpers-can-move-to-if-donald-fails-again-in-takeover-of-usa/?feed_id=13115
Post a Comment
Read more

Top 10 Countries U.S. Citizens Can Escape to When Trump Takes Over USA in 2025

Trump's unique brand of Fascism may take over the USA in just a few months. Will you stay and endure or is it just better for you to find a new home where your values and sensibilities fit? Time to take a look. #Featured #HealthWellness #Life Read Full Article: https://www.vtforeignpolicy.com/2024/09/top-10-countries-escape-from-trump/?feed_id=13111
Post a Comment
Read more