US may introduce anti-Russian sanctions to stabilize oil prices

US, WASHINGTON (ORDO NEWS) — US authorities are considering imposing sanctions on Russia in an attempt to stabilize the situation in the oil market. This was reported with reference to sources on Thursday by The Wall Street Journal.

So, according to her, the US administration intends to urge the Saudi authorities to return to the previous level of oil production.

The newspaper emphasizes that Washington intends to use diplomatic channels for this, including at the level of the State Department and the National Security Council of the White House.

In addition, sources in The Wall Street Journal point out that the administration of US President Donald Trump is exploring the possibility of imposing sanctions on Russia.

At the same time, they do not specify what restrictive measures will be aimed at and what step on the part of Moscow can provoke them.

Earlier Thursday, Trump said that “in due time,” he was going to join in a discussion of the situation around the differences between Russia and Saudi Arabia on oil. At the same time, the head of the White House expressed the opinion that low hydrocarbon prices are “destructive” for the Russian economy.

On Thursday, Brent crude is trading below $ 27 a barrel. At the same time, Urals oil, the proceeds of the sale of which form the budget of the Russian Federation, has fallen in price, according to Argus Media, to $ 18.4 per barrel. This is the minimum level since 2002.


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