1 Day
Source:
بوابة الشروق
Osama Kamal: Russia Sanction Lift Driven by Politics
The article discussed U.S. President Donald Trump's decision to temporarily lift some sanctions on Russia to allow oil and its derivatives to be exported. This move is part of political balancing acts aimed at controlling oil and energy sources, especially in Gulf countries and Venezuela. It also pointed out that U.S. policies seek to reduce China's dependence on oil imports, which amount to between 11 and 12 million barrels per day, in order to weaken its economic power and surpass it. This is particularly significant given China's economic growth rate of approximately 4.5-5%, with forecasts suggesting that China will overtake the U.S. economy within three years. The strategies include economic and political tools such as raising energy costs and applying economic pressure, all amidst a global energy war and international tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)