Pathetic': Analysts ridicule Trump admin's latest 'twisted' oil market move
Source: Raw Story · Bias: Far Left
Summary
President Donald Trump's administration announced an oil market move on Thursday that had some analysts up in arms. The Treasury Department announced that it had temporarily rescinded sanctions on Russian oil already at sea. Treasury Secretary Scott Bessent said the move was in response to skyrocketing energy prices resulting from the war in Iran, but several analysts noted that Russia benefited from the move in myriad ways. The U.S. first placed sanctions on Russian oil to combat the country's invasion of Ukraine in 2022, which made it more difficult for Russia to afford to continue its war. Now, the Trump administration is allowing Russia to offload some of its oil at a time when the price per barrel is hovering around $95, representing a more than 48% increase since late February. Political analysts and observers reacted to the news on social media. "Pathetic. Russia is helping Iran target Americans," Adam Cochran, a policy consultant, posted on X. "If there is one country we shouldn’t be easing sanctions on it’s Russia. The president cares more about the stock market, than the lives of American soldiers!""So let me get this straight, Trump's logic is ... The enemy of my friend (Ukraine) and friend of my enemy (Iran) is now my friend?" Bree Fram, a retired Department of Defense colonel, posted on X. "But that would imply that Trump uses logic, even if twisted.""The big winner of Trump’s Iran War? Russia," Rep. Brendan Boyle (D-PA) posted on X. "Russian Oil Is Great Again," political commentator Thomas P. Saeger posted on X. "The American Empire no longer has the capacity to maintain its myriad foreign policy crusades at the same time," Josian Lippincott, a Ph.D. student at the Van Andel School of Statesmanship at Hillsdale College, posted on X.
Related Coverage
- Melania gives Congress private deadline as she works around Trump's team: report (Far Left — Raw Story)
- Trump announces pardons for pollution violators prosecuted for "fixing their car" (Center — Politics - CBSNews.com)
- Trump Pardons Six People Pursued for ‘Fixing Their Car’ (Center — Bloomberg Politics)
- Sources: Trump likely to pardon pollution violators; weighing clemency for Diddy (Center — Politics - CBSNews.com)
- Fox host warns Trump will pay for his 'breathtaking' corruption (Left — Alternet.org)
- Trump Scores Appeals Court Victory in Battle Over National Park Historical Displays (Right — RedState)
- Signs of Victory: I-95 Welcomes President Donald Trump Int'l Airport (Right — RedState)
- Trump’s ‘ramped up’ rhetoric leaves unifying tone of July Fourth speech in question (Center Left — NBC News Politics)





