US President Donald Trump has the leverage to force russian dictator vladimir putin to immediately end the war against Ukraine. To do this, he needs to change his predecessor's policy on oil production and sanctions against russia.
This was reported by Time magazine on Tuesday, January 21.
Professor of Leadership Practice Lester Crown and President of the Yale University Leadership Institute, unofficial advisor to five US presidents Jeffrey Sonnenfeld, and academic director of the Yale Leadership Institute Stephen Tian noted that on the first day of his presidency, Trump publicly voiced his point of view on putin's invasion of Ukraine. In their opinion, the US president will be able to fulfill his campaign promises if he abandons the "weak, inconsistent economic pressure of the Biden administration."
"Oil revenues are a powerful drag on the russian economy, and Trump has understood the power of this leverage in a way that the Biden administration did not. The prospects for russian oil sales are now very different, and an outright economic collapse for russia looks much more likely. Thanks to Trump's promises to lower oil prices and increase domestic oil production in the United States by 3 million barrels per day, the world will no longer need russian oil production. Trump has the opportunity to pierce putin's propaganda bullet and strangle the russian economy to collapse if he wants to do so," the article says.
Trump said that the russian economy is falling apart, and putin is destroying russia. The US president emphasized that his sanctions have deprived Iran of the ability to finance terrorist groups Hamas, Hezbollah and the Houthis, which was allowed by the limited imposition of sanctions by his predecessor Biden. Trump said that the russian economy will "turn around" by Easter if sanctions are properly applied.
Putin is destroying his country's economy to finance his war machine. If the russian dictator loses oil revenues, then his regime "will certainly fall." Putin has already used up foreign exchange reserves, and no one wants to finance the russian government's deficit by buying unwanted russian bonds. In addition, the russian ruble is falling, but the aggressor cannot reduce its war spending. Russia has also lost 90% of its natural gas exports due to Europe's refusal, but it cannot compensate for it with oil, analysts believe.
As Ukrainian News Agency earlier reported, on December 9, Trump confirmed that he had spoken with Ukrainian President Volodymyr Zelenskyy about the possibility of ending the war.
On January 15, The Hill reported that Trump may offer russia a space deal in exchange for peace in Ukraine.
At the same time, on January 10, White House National Security Council Coordinator John Kirby stated that Ukraine and russia are not currently ready for negotiations.
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