Trump can raise a financial crisis in Russia – if he wants to – but he retracted his threat to “very severe consequences”

Trump and Russian President Vladimir Putin ended their very expected meeting in Alaska on Friday Without a deal. On Saturday, Trump turned his position towards reaching more comprehensive Peace Agreement Between Russia and Ukraine, Putin’s position reflects, instead of a ceasefire.

It is too According to what Putin’s idea was supported In order for Ukraine to give up the lands it keeps in exchange for the Russian promise that it will not attack again.

This was a great swing of his speech leading to the Alaska meeting, where he threatened “Very serious consequencesFor Russia if Putin does not agree to a ceasefire.

When asked why not to follow, Trump said he would stop any new sanctions and suggested that the threat remains on the table while operating diplomacy.

“Because of what happened today, I think I don’t have to think about it now,” he said. Fox news. “I may have to think about it within two or three weeks or something like that, but we do not have to think about it now.”

Trump had previously warned that the oil sector in Russia may face secondary sanctions. Oil and gas generate the largest part of the Kremlin revenue, and the United States can exploit this critical weakness.

In particular, cutting the “shadow fleet” from the tankers offering Russian oil under the radar would send the war economy to a “deep financial crisis”, according to Robin Brooks, an older colleague at the Brookings Institute and the former chief economist at the International Financial Institute.

After the Biden administration approved nearly 200 ships in January, before Trump returned to his post, their activities collapsed, as he indicated in a Psteck Post on Saturday.

But there are 359 other ships that have already been punished by the European Union or the United Kingdom, but it has not been targeted by the United States yet

“The penalty for these ships will be a hammer of the Russian war machine,” Bruks wrote. “There will be no doubt a sharp decrease in the price of ural oil, which reduces the flow of hard currency to the Russian state, and the robin is likely to decrease significantly.”

Meanwhile, foreign policy contacted that she had called on Alaska to achieve a success for Putin because he was able to avoid severe consequences from Trump while buying time for his army to achieve more battlefield gains in Ukraine.

But Melinda Harsen, an old aged colleague at the Eurasia Center in the Atlantic Council, also indicated that Trump has great influence on Russia.

“Let’s hope that Trump will see Putin’s endless appetite for talking and tires of historical tourist lectures,” He wrote in a blog post. “Trump can pressure the Russians; it seems that he forgets that the United States is carrying cards, not Moscow.”

Oil and gas revenues fell by 27 % in July last year, and Russia is Exhausting financial resources With the deepening of the war’s spending on the budget deficit.

The National Wealth Fund, a major source of reserves, diminished from 135 billion dollars in January 2022 to only 35 billion dollars last May, and is expected to run out later this year.

“The Russian economy is rapidly approaching a financial crisis Project Syndicate For example Last week. “Although this may not be sufficient to force Putin to seek peace, it indicates that the walls are closed to it.”

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