**US Energy Secretary Threatens Russian Oil Sanctions to End Ukraine War**
The United States is considering a major move against Russia, one that could have significant consequences for the global energy market. US Energy Secretary Chris Wright hinted on Fox News that sanctioning Russian oil could be a reality if Moscow doesn’t agree to a peace deal with Ukraine.
This development comes as President Donald Trump has threatened to impose 100% tariffs on buyers of Russian oil and other sanctions if Russia doesn’t meet the deadline for a major peace agreement. The deadline is set to expire in early September.
According to Secretary Wright, the US position as the world’s top producer of oil and gas gives it significant leverage to take action that was previously unthinkable. He emphasized that sanctioning Russian oil would be a “huge pressure” on Russia, effectively making it the biggest pressure point against them.
While the Trump administration has been vocal about its opposition to Iran, they have not yet imposed major oil sanctions on Russia. Instead, they have focused their efforts on imposing sanctions on OPEC producer Iran since President Trump took office for a second time in January.
This move by the US Energy Secretary suggests that the Trump administration is willing to take bold steps to pressure Russia into agreeing to a peace deal with Ukraine. The implications of this could be far-reaching, and it remains to be seen how Moscow will respond to these threats.
Read More @ {{domain}}