Oil Sanctions: Trump's Leverage in Ukraine-Russia Conflict? ...Middle East

The Trump administration is currently formulating a sanctions strategy for Russia which might be better able to foster a peace deal in the Ukraine war. "Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and Venezuela, people familiar with the matter said," Bloomberg reports. Ironically the three countries named happen to be among the world's top oil producers - Russia, Iran, and Venezuela - and Trump's…

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