President Donald Trump has called on NATO member states to cease purchasing Russian oil, threatening further energy sanctions unless all allies align on the measure. He said the U.S. is prepared to impose “major sanctions on Russia” only when every NATO country stops buying Russian crude.
Energy revenues comprise Russia’s most significant stream of funds to sustain its war effort in Ukraine, making oil imports a central target in current Western sanctions regimes. The push comes as finance ministers from the G7 have recently discussed imposing additional penalties on Russia, including possible tariffs on nations seen as “enabling” Moscow by maintaining trade relations.
However, economic analysts warn that a blanket halt in oil imports from Russia could drive up global oil prices—creating potential economic stress in both Western countries and beyond. These price pressures may risk reducing public support for stringent sanctions, especially in countries heavily dependent on energy imports.
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