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It’s Back to the Future without the humour as Trump tries to intimidate Putin! In this video, we explore why Trump can’t intimidate Putin, particularly when it comes to oil prices and the global crude economy. Donald Trump called on OPEC countries to lower oil prices. This is part of his strategy to persuade Russia to agree to his peace terms in Ukraine. The strategy involves using lower oil prices to persuade Russia to suspend the Special Military Operation. The OPEC news and oil demand have been fluctuating, Trump’s oil policies have been a topic of discussion, but Putin’s strategy has been to focus on BRICS energy and maintain Russia’s crude production. We analyze the OPEC developments and their impact on the global oil market, including oil price volatility and fluctuations. With the rise of OPEC plus, the oil forecast is uncertain, and Trump’s economy is heavily dependent on the oil market news. Will Trump’s oil policies be enough to counter Putin’s influence on the global oil demand? Watch to find out.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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