The initiative aims to curb rising fuel prices, a strategic priority for Trump as he navigates the approach to mid-term elections. Delivering on the deal, however, requires unwinding specific sanctions on Russian oil—a move that has drawn sharp condemnation from Ukrainian President Volodymyr Zelenskiy.
Dmitriev emphasized that the current web of overlapping sanctions creates significant friction, requiring precise maneuvering to bypass financial blockages. While he suggested that this energy pact could serve as a blueprint for wider economic cooperation, he remains skeptical regarding the long-term outlook. The pending Graham Act looms as a major obstacle, as its provisions would likely codify strict investment prohibitions and intensify pressure on Moscow over the ongoing conflict in Ukraine.
Comments (0)
No comments yet. Be the first!