Trump’s Office Names Oil Price At Which Russia Will Lose Billions Of Dollars
13- 25.01.2025, 9:39
- 18,070

This could play a key role in defeating the Kremlin.
White House Special Envoy for Ukraine and Russia Keith Kellogg explained the American leader's calls for OPEC to lower oil prices in order to put pressure on Russia and force it to end the war against Ukraine.
In an interview with Fox News, Kellogg said that with the current price of “black gold” at about $78 per barrel, Russia continues to earn billions, but if the price drops to $45 per barrel, the Kremlin will lose this income.
“This will come to an end, and he [Trump] said this yesterday in Davos: that it is not only diplomacy that plays a key role, but also economics,” the special representative added.
According to Kellogg, a price of $45 per barrel is the basic break-even point. Tougher measures to influence the Russian oil sector may force the Kremlin to negotiate an end to Russian aggression against Ukraine.
The special representative stated that the international community will not be able to force Russia to end the war against the Ukrainian state simply by helping Ukraine win on the front. Economic methods of influence are also needed.