Bloomberg is reporting that: Russia is reportedly weighing Ukraine air–truce offer to Trump on war.
Pres. Trump is putting pressure on nations that import oil from Russia as a way to squeeze their economy even further. Trump this morning on CNBC said that lower oil prices is a path to peace as Russia cannot sustain the economic impact.
Yesterday, Trump said that he is likely to raise tariff rates on India imports into the US as a result of their importing of Russian oil.
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Let there be peace.
Meanwhile, in Israel, Channel 12 is reporting that Netanyahu plans to occupy Gaza in its entirety and the plan will be presented on Thursday to the Council of Ministers for approval. Of course such plan would require more bloodshed and humanitarian issues.
Crude oil is trading near the low for the day at $65.02. The current price is at $65.17. That is down $-1.10 on the day. The price is testing a swing area between $64.71 and $65.27.
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