US President Donald Trump’s sanctions against Russia as part of his 50-day ultimatum demanding a peace agreement with Ukraine could lead to a sharp jump in global oil prices. CNN writes that.
‘Oil prices would soar around the world if more than seven million Russian barrels a day of exports suddenly disappeared,’ the publication said.
According to CNN, Donald Trump’s economic plan will have an impact not only on the Asian, but on the entire global oil market.
We will remind, earlier Donald Trump announced plans to introduce 100% duties against Russia and its trading partners in the event that within 50 days will not be concluded a deal in the framework of the settlement of the situation in Ukraine.
