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TOPSHOT – US President Donald Trump leaves after a Hispanic Heritage Month event in the East Room of the White House October 6, 2017 in Washington, DC. President Trump invited over 200 Hispanic business, community, and faith leaders, and guests from across the country to join in the celebration of Hispanic Heritage Month. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images One of U.S. President Donald Trump’s foremost campaign promises was to end the war between Russia and Ukraine. It’s now August, the eighth month of the administration, and the war rages on. It appears that the administration has chosen the field on which it wishes to fight this battle, it’s in China and India. Early in the conflict, the Biden Administration placed sanctions on Russia’s oil. According to the Center for Research on Energy and Clean Air, these sanctions were largely ineffective, as the oil was simply redirected to China, India, and Turkey. If that wasn’t bad enough, Turkey’s Ceyhan port then took those Russian oil products and sent them to the EU. At the end of 2022, the G7 chose to impose a $60 price cap on Russian oil. According to the U.S. Treasury, the purpose of the price cap was to restrict the price Russians could fetch for their oil without removing those barrels from the market. This would reduce Russia’s profits while still maintaining oil flows and preventing a price shock. The response from China and India to the oil price cap was to purchase even more discounted oil from Russia. In May 2023, the Institute for Energy Research reported record purchases of oil by the two nations, a total of 110 million barrels for the month, which was up 10% from the prior month. China and…

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Filed under: News - @ August 5, 2025 10:21 pm