#russian-oil

#russian-oil

The talks, which are scheduled to run until Wednesday, come as relations between Washington and Beijing continue to be roiled by differences on trade, including China's purchase of Russian oil. President Donald Trump's administration has been pushing US allies to impose steep tariffs on China and India over their purchases of Russian oil in a bid to pressure Russia to end its war in Ukraine.

I am ready to do major Sanctions on Russia when all NATO Nations have agreed, and started, to do the same thing, and when all NATO Nations STOP BUYING OIL FROM RUSSIA, Trump said in a post on his Truth Social platform on Saturday, which he described as a letter to all NATO nations and the world. Trump proposed that NATO, as a group, place 50-100 percent tariffs on China to weaken its economic grip over Russia.

The EU has agreed to lower the cap on seaborne oil exports to $47.60 from $60 a barrel as part of one of the strongest sanctions packages against Russia to date.