Trump leans in on targeting Russian oil revenue as he tries to fulfill pledge to end Ukraine war
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President Donald Trump is emphasizing that targeting Russia’s oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine. Trump pledged during the campaign that he’d broker a quick end to the conflict. Now that he's president, he's leaning in on the idea that the alliance of oil-producing nations holds the key to ending the war by reducing oil prices. It's a move designed to bleed Russia of revenue it needs to pay for the war. But the push on OPEC+ is an uphill battle. The alliance recently delayed increasing oil production because of weaker than expected demand and competing production from non-allied countries.
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