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President Trump Energy Policy, Tariffs and Oil Markets

In this interview given to Mohamed Adel from Asharq Business Bloomberg, Dr. Carole Nakhle, CEO of Crystol Energy, explores the impact of sanctions on Russian oil production and how markets are factoring in potential shifts in Trump’s sanctions strategy.

Dr Carole Nakhle shares her views on the outlook for oil markets with Asharq Business

Key takeaways:

– The decline in China’s manufacturing index at the start of the year highlights the limited effectiveness of government stimulus to date in revitalizing the economy and exerting a downward pressure on oil prices.

– Many fear that the US may impose tougher sanctions on Russian oil, but as long as key buyers of Russian oil continue their practice, the effectiveness of Western sanctions will remain limited.

– As geopolitical tensions continue to shape global energy dynamics, President Trump’s approach to sanctions remains a key tool in his strategy. Trump is leveraging sanctions pressure on Russia to compel the country to negotiate over Ukraine. At the same time, he may tighten the enforcement of sanctions on Iran, much like he did upon taking office the first time in 2017.

Related Analysis

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