Energy

U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies - nytimes.com

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DW NOTE

Washington is negotiating Ukraine's future with energy concessions run through Trump cronies. When the terms of a peace deal get structured as business opportunities for the president's circle, you're not witnessing diplomacy — you're watching a leveraged buyout of foreign policy. The Ukrainians get whatever settlement keeps the oil flowing to the right bank accounts.

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The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies - nytimes.com

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