Incoming Trump peace envoy suggests oil crackdown to push Russia to barter

Stricter measures concentrating on Russia's oil trade might strain the Kremlin to barter an finish to the conflict in Ukraine, Keith Kellogg, incoming peace envoy for U.S. President Donald Trump, instructed FOX Information on Jan. 24.

The proposal comes as Trump threatens to impose sanctions and tariffs on Russian exports if no deal to finish the conflict is reached quickly.

"Russia is incomes billions from oil gross sales," Kellogg mentioned, emphasizing that battlefield victories alone are unlikely to drive Russia to finish the conflict.

Kellogg argued that lowering Russia's oil revenues to $45 per barrel, its breakeven level, might weaken Moscow's monetary resilience and drive it to hunt a settlement.

Russian President Vladimir Putin claimed on Jan. 24 that Russia is prepared for talks with Trump, whom he described as having a "pragmatic and trusting" relationship with Moscow.

Reuters reported on Jan. 23 that Putin is more and more involved in regards to the nation's financial system, citing 5 undisclosed sources.

All through the conflict, Ukraine's Western allies have imposed vital sanctions aimed toward crippling Russia's capacity to maintain its army aggression.

Putin claims Russia ready for Ukraine peace talks, questions legitimacy under Zelensky’s decreeRussian President Vladimir Putin told reporters on Jan. 24 that Russia is ready for talks with U.S. President Donald Trump on ending the war in Ukraine.The Kyiv IndependentTim Zadorozhnyy