Deprived of money, American oil producers are pushing Donald Trump to the next anti-Russian campaign.
This was reported by The Wall Street Journal, citing its own sources in the presidential administration.
The interlocutor of journalists said that Washington is ready to arm again with the methods of dirty competition against the backdrop of the unfolding oil confrontation. In particular, the United States administration is ready to impose sanctions on Russia.
The source does not disclose details, therefore it is not clear what restrictive measures will affect. It is also unknown when the sanctions will be introduced and what actions Moscow will cause.
According to media reports, through sanctions pressure, the United States intends to “stabilize oil prices.” It can be assumed that for this purpose, Washington will try to ban companies from acquiring Russian oil under pain of being on the US black list. The American administration, in particular, used such sanctions against the Venezuelan oil sector. That is, if a company acquires sub-sanction oil, its assets in the United States may be frozen, and the US market itself will be closed to it.
In addition to the likely imposition of sanctions, according to WSJ, the US leadership is establishing diplomatic contacts with Riyadh, hoping to get the Saudis to stop the oil war. The State Department is working on this.
In addition, as News Front previously reported, the corresponding letter to the Crown Prince of Saudi Arabia was written by American Republican senators.
Recall that the spread of coronavirus infection COVID-19 led to a reduction in oil demand, which, together with an overestimated supply, provoked a price collapse. An attempt to limit the extraction of raw materials within OPEC also failed. So in the world the fourth oil war began in the last 35 years.
For the United States, the situation is aggravated by the fact that a significant part of US oil production is the shale segment, which becomes unprofitable in the face of a collapse in prices. Shares of US oil companies collapsed up to 50 percent. The US expert community did not rule out default.