(Bloomberg) – Another 25% of President Donald Trump’s tariff to India for Russian oil shopping could only be the first shot to focus on energy revenues in Moscow before Friday, because the US weighs opportunities to get President Vladimir Putin to end the war against Ukraine.
In addition to punishing Russian energy buyers with tariffs, Trump’s administration is considering new sanctions on the hidden fleet of oil tankers in Moscow and several entities that allow them to operate, according to people familiar with this matter who spoke before the administration published an executive order for Indian tariffs.
At the beginning of Wednesday, Putin closed a three -hour meeting with American envoy Steve Witkoff in the Kremlin when Russia was working to avert on the ongoing punishment. The Russian leader exchanged “signals” with Trump in Ukraine at a meeting with a envoy, Kremlin foreign policy advisor Yuri Ushakov told reporters without working.
Foreign Minister Marco Rubio said that in Russia it will be quite early – with other discussions that take place throughout the day – after the Putin meeting was informed by Witkoff after the Putin meeting, CNN reporter said on X.
Intermediate West Texas turned between profits and losses to the shop nearly $ 65 per barrel after a reverse reported comment. The oil fluctuated in jerky trading because traders are waiting for reports on whether Trump will take further steps to the soul flow of energy.
Trump spoke to the President of Ukraine Volodymr Zlenskiy on Wednesday, according to Axios report. The outflow also said that the US was still expecting secondary sanctions on Friday, although the conversation of Witkoff-Putin was going well and quoted the White House official.
Russian vessels have become helpful for its ability to move oil despite American and European sanctions.
“Fleet shadow tanker is the backbone of the Russian sanction of escape and financing war,” said the X Andriy Yermak, Ukrainian President Volodymyr Zelenskiy.
The Financial Times first announced potential measures on the Russian shadow fleet.
People said that Trump’s administration is considering a number of possibilities to reduce Putin’s energy revenue. Other options could include measures focused on oil companies and events for better recovery of existing restrictions.
-S using Catherine Lucy and Gregory White.
(Update with Rubio comment, more details in the fourth to sixth paragraph.)
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