Sunday, 25 October 20267:33 pm ISTIndia edition

सच, सीधे आप तक

Book ad space

Just in

Business

Trump's Reverse Nixon Strategy: Bring Russia In, Shut China Out

Image: Oil Price. Rights remain with the publisher.

On October 9, hours after a phone call between President Trump and President Putin, the Treasury Department issued a six-month waiver allowing Russian diesel to be sold on the global market. The stated aim is to bring down fuel prices before the November 3 midterms. But I believe the deal is more consequential than that.

It fits a larger strategy: for the United States to control as much of the world’s energy supply as possible, while denying it to its chief rival, China. A pattern, not a one-off The strategy began in Venezuela. Since US…

Read the full report on Oil Price

Story file

Section
Business
First reported by
Oil Price
Reporter
robert berke
Published
Saturday, 24 October 2026, 4:30 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from Oil Price with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

Related stories

More Business news

See all