Trump withdraws from the war between Russia and Ukraine; Putin may seek peace with low-priced oil
author: Ann
2025-05-27
Bjarne Schieldrop, chief commodity analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil report sent to Rigzone by the SEB team today that Trump basically withdrew from the mediation of the Russian-Ukrainian conflict yesterday, leaving it to Putin, Zelensky and the Pope.
Schieldrop pointed out that the United States did not put obvious pressure on Russia to reach a resolution, and the impact on oil prices is still unclear. However, if the United States relaxes sanctions on Russia and stops supplying weapons to Ukraine, Putin may "thank you" by increasing crude oil supply and lowering oil prices. Trump wants to lower oil prices and expand business with Russia. Lifting sanctions and strengthening economic and trade exchanges between Russia and the United States are extremely valuable to Putin. The cooperation between the two seems to be a "match made in heaven", but the attitude of the Pope remains to be seen.
Schieldrop also said that the Russian-Ukrainian conflict is difficult to resolve immediately, which may lead to more Russian oil entering the market, but because Russia is bound by OPEC+ obligations, the time of entry is unknown.
On Monday, Trump said on the "Truth" social page that he had a two-hour call with Putin, and Russia and Ukraine will immediately start ceasefire negotiations, and the Vatican intends to host them. After the call, Putin told the media that Russia supports a peaceful solution to the Ukrainian crisis and that the most effective way needs to be determined. Zelensky called this a decisive moment and said that the negotiations require the participation of representatives of the United States and Europe at an appropriate level, and the participation of the United States is crucial. Pope Leo XIV said on the same day that if members of all religions unite and are not bound by ideology and politics, there is hope that the war will end and peace will come.
Sources say OPEC+ will meet this week to agree to increase oil production in July
ما هو الفرق بين 0 و 000 00 الشحوم ؟
