US President Donald Trump said Friday that Russia had agreed to immediately supply more than 300,000 tonnes of diesel to US and global markets in an effort to cut fuel prices before November's midterm elections. The move marks a stunning change of policy after the US and its allies hit Russia with waves of sanctions over its invasion of Ukraine.

Archived version: https://archive.is/newest/https://www.france24.com/en/europe/20261009-trump-strikes-diesel-deal-with-putin-reversing-years-of-pressure-on-russia-over-ukraine-war


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[–] 5 points 2 weeks ago (3 children)

Maybe even put some sanctions onto the US

Anybody can 'sanction' anything on paper, but sanctions only matter if the sanctioner has something the sanctioned needs. For example, the US can sanction countries or companies and take away their ability to trade using the US dollar. What does the G7 have that the US needs? This would just backfire and hurt G7 (particularly EU) countries.

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  • [–] 3 points 2 weeks ago (2 children)

    What does the G7 have that the US needs?

    Organisations that buy dollar bonds. Sanction that and the usa will crumble.

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  • [–] 3 points 2 weeks ago

    Organisations that buy dollar bonds.

    They're irrelevant, the Central Bank just buys a bond from Treasury, coupon rate of 0% i.e QE. Japan been doing it with the Yen for decades for example.

    Sanction that and the usa will crumble.

    zero consequence.

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