Trump says drop in energy prices will prompt Putin to 'stop killing people'
UNITED STATES, AUG 5 – Trump says a $10 drop in oil prices, driven by increased OPEC+ production, could force Putin to end the Ukraine war by cutting Russia's key revenue source, IMF forecasts 0.9% Russian growth.
- On Tuesday, U.S. President Donald Trump suggested that a further decline in worldwide energy prices might compel Vladimir Putin to bring the conflict in Ukraine to an end.
- Trump based this view on Russia's reliance on energy revenues to fund its military, while Western sanctions and tariff threats aim to weaken Moscow's economy.
- He noted that OPEC+ decided to increase daily oil output by 547 thousand barrels starting in September, which helped push prices down toward $55 per barrel by July 2025.
- Trump suggested that a significant drop in energy prices could pressure Putin to cease his aggressive actions, cautioning that a further $10 decrease per barrel might force Putin’s hand due to the poor state of Russia’s economy.
- The U.S. set an August 8 deadline for Putin to commit to peace or face tougher sanctions, underscoring ongoing diplomatic pressure amid elusive ceasefire efforts.
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US President Donald Trump argues that an additional decrease in oil price could make Russia difficult to put an end to the war in Ukraine. In an interview for the CNC, it said that Vladimir Putin would not have a choice, because...
A third of the oil revenues collapsed. Trump: "So it will have to end killing"
President Donald Trump of the United States stated that he believed that Russian President Vladimir Putin would end the war with Ukraine if the price of oil continued to fall.
Trump Ties Putin’s War to Falling Prices
U.S. President Donald Trump said Tuesday that a further drop in energy prices could force Russian President Vladimir Putin to end the war in Ukraine. “If energy goes down enough, Putin is going to stop killing people,” Trump told CNBC. “If you get energy down, another $10 a barrel, he’s going to have no choice because his economy stinks.” Crude prices slid again on Tuesday. As of early afternoon, WTI was down $0.94 (-1.42%) at $65.35, while Bren…
Ukrainian President Volodymyr Zelensky said he and US President Donald Trump discussed defense cooperation and sanctions against Russia, among other topics, in a phone call. The rift between Moscow and Washington could deepen as Trump said the Russian economy was extremely weak and that lower oil prices would hit Vladimir Putin's war machine hard.
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