President Trump is focusing on reducing Russia's oil revenue as a strategy to end the ongoing conflict in Ukraine. He urges OPEC+ to lower oil prices, believing such actions would diminish Russia's financial resources required for the war. Trump's special envoy suggested that lowering prices to $45 per barrel could compel Russia to reconsider its position. However, experts warn that gaining cooperation from OPEC+, especially considering Russia's relationship with Saudi Arabia, poses significant challenges. Despite these hurdles, Trump remains adamant about this approach during various international engagements.
"One way to stop it quickly is for OPEC to stop making so much money, Trump told reporters."
"Russia is gaining billions of dollars from oil sales, Kellogg said in a Fox News interview."
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