The United States can swiftly alter the situation in the oil market, which will negatively impact Russia. The economic repercussions may become evident in a very short time.
This was stated by political analyst Igor Reiterovich in a comment to the YouTube channel RBC-Ukraine.
The journalist asked the political analyst whether Trump could indeed cause a collapse of the Russian economy and how much time it would take.
"We're definitely not talking about years here. If the procedure that Trump mentioned is initiated, such as a state of emergency in the energy sector and other measures, then within a month or a month and a half, Russia could start to see the consequences. This won't necessarily involve direct sanctions against Russia. It could be that the U.S. will be serving its own interests while Russia suffers, as it will be hit hard," the expert explained.
At the same time, the expert noted that in recent weeks, China has begun to buy up oil available on the market, but not Russian oil.
"Other countries will likely do the same when the U.S. enters the market with additional oil supplies, and they will. They have been preparing for this since the day it became clear that he won the election... I believe that within a few weeks, the U.S. will start increasing the presence of American oil in the market. The question is how they will coordinate this with OPEC+, but I think it will be a targeted action," he explained.
Reiterovich pointed out that even if the actions of the U.S. are not directly aimed at Russia, the country will still feel the negative effects.
"Russia, even if it is not directly targeted, will still suffer... This is likely related primarily to the inability to conduct warfare. They are currently entirely dependent on what they get from oil and gas. Russian economists loyal to the authorities say that they will face difficulties if oil drops below $60," the expert stated.
However, the political analyst also recalled the possibility of another scenario. In this case, the price may remain the same, but no one will buy Russian oil.
"They might buy, for example, American oil or some other alternative. This would be an even worse situation for Russia. Because when you sell oil, you can continue to extract it. But if no one is buying it, a crisis will begin, as they won’t have anywhere to store it. Their economy is structured such that once it's extracted, it's sold. What has been produced is already burning for the second year because Ukraine understands where to strike," the expert elaborated.
Reiterovich emphasized that Ukraine is currently in the final stages of certain processes that do not bode well for Russia.
"Perhaps Trump hopes that Russia will quickly rush to the negotiating table, realizing how this will end. But even if there is an agreement, if hostilities cease, the U.S. will continue to push Russia out of the market because it is in the U.S. national interest. Trump has a goal, and he will pursue it," the political analyst concluded.
Recall that earlier today, it was reported that U.S. President Donald Trump stated that he is likely to impose new sanctions against Russia. This will happen if the Russian dictator Vladimir Putin does not come to the negotiating table regarding the war in Ukraine.
We also reported that oil prices have declined after Trump threatened to impose tariffs on China, raising concerns about trade wars on multiple fronts.