- Budapest was proposed by the US.
- Summit needs to be prepared.
- Wants to continue dialogue with the US.
- Most likely Trump meant that summit is postponed.
- Dialogue is always better than war.
- New sanctions won’t affect Russian economy.
- New US sanctions is an attempt to put pressure on Russia. No self-respecting country ever does anything under pressure.
- Sanctions are an unfriendly act that does not strengthen Russian – American relations.
- Russia and Saudi Arabia sell more oil than they consume, unlike the US.
- Russia’s contribution to the global energy bounce is very significant.
- Replacing Russian oil on the global market will take time.
- A sharp decline in the amount of Russian oil on the market will lead to price increases.
- He discussed with Trump the impact of situation with Russian oil supplies on global prices, including US.
- Russian and US have many areas for cooperation.
- Strikes deep into Russia will be escalation.
- Russia’s reply will be serious
Recall that US purchased oil for the strategic petroleum reserve. The US energy secretary commented that was a good time to buy the oil. Later, the US announced he sanctions on Russian oil subsidiaries, leading to a move higher in the price of oil.
This article was written by Greg Michalowski at investinglive.com.