Oil shortage, not removal of sanctions, will boost Russia's energy exports, expert says
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US President Donald Trump is considering lifting oil sanctions to lower energy prices, a decision that could inadvertently benefit Russia and its military financing in Ukraine. Sergey Vakulenko from the Carnegie Russia Eurasia Centre argues that existing sanctions have had minimal impact on Russian oil exports. Instead, he suggests that a global crude shortage is the more significant factor likely to enhance Russia's energy sales internationally.
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The discussion comes amid ongoing concerns about energy prices and the economic impact of the war in Ukraine. As countries grapple with rising energy costs, the balance between maintaining pressure on Russia through sanctions and ensuring affordable energy for consumers becomes increasingly delicate.
The views expressed in this article are those of the expert and do not necessarily reflect the opinions of France 24.
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