US Lifts Sanctions on Russian Oil Amid Global Crude Oil Crisis

Akila News
US Lifts Sanctions on Russian Oil Amid Global Crude Oil Crisis
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London તા.14: The ongoing war in Iran has deepened the global crude oil crisis. The United States has lifted sanctions on Russian oil for 30 days. Crude oil prices have crossed $100 per barrel. However, the US move has left allies including Germany and Canada red-faced. Tensions in the Middle East have disrupted global supply chains. President Donald Trump has allowed Russia to sell its oil to curb rising oil prices and increase supply in the global market. The US believes that this 30-day relief will bring down oil prices. German Chancellor Friedrich Merz made it clear on Friday that 6 out of 7 countries in the G7 are against the US decision. European leaders believe that lifting sanctions on Russia will give it an economic advantage in the Ukraine war. It is absolutely necessary to keep up the pressure on Russia for global security. The leaders of Germany, Canada and Norway have appealed to Trump to consider this decision again. We should not end the sanctions on Russia.

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Publisher: Akila News

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US Lifts Sanctions on Russian Oil Amid Global Crude Oil Crisis | Achira News