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Trump should ‘turn up the heat’ with Russia oil sanctions
President Donald Trump recently threatened Russia with additional sanctions if the war in Ukraine doesn't end soon. Edward Fishman, senior research scholar at Columbia University’s Center of Global Energy Policy, joins Morning Brief to discuss Trump’s approach to Russia. The author of Chokepoints: American Power in the Age of Economic Warfare highlights Trump’s potential to increase sanctions, especially targeting Russia’s oil sector, to pressure Putin into negotiations. "Were the US to increase pressure on Russia, it wouldn't really be through tariffs — it would be through sanctions," Fishman says. "In that regard, there's quite a lot left to do in terms of sanctioning Russia, in particular, the oil sector." Fishman believes this can create an opportunity for the Trump administration to "turn up some heat" with sanctions on Russia's oil sector. Most importantly, Fishman emphasizes this could create "room for American oil producers to increase production." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch
It was great to see so many of you in my hometown last week for New York Climate Week–whether at various events and nightcaps or while giving you a ride through the traffic-clogged streets on my e-bike.
The US imposed tariffs of 50 percent on about half of Indian exports on August 27, following a Trump administration executive order targeting the country for its continued imports of discounted Russian oil.
