Audio By Carbonatix
President Donald Trump said on Monday that the United States is waiving certain oil-related sanctions as a way to ensure an adequate oil supply and lower prices.
At a news conference at his Doral golf club, Trump said oil prices have not spiked as much as he had feared.
Trump said the United States is waiving certain oil-related sanctions to cut prices.
"We have sanctions on some countries. We're going to take those sanctions off till the Strait (of Hormuz) is up," Trump said.
He was not specific, but the United States last week issued a temporary 30-day waiver to allow the sale of Russian oil currently stranded at sea to India to alleviate pressure on the global oil market.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Meet Ewurabena Quartey, the youngest funeral undertaker in Ghana’s Central Region
7 minutes -
Death rate in ICE immigrant detention centers more than doubles under Trump, Reuters analysis finds
9 minutes -
Conduct thorough background checks on next EC deputy commissioner – Abeiku Hayford
14 minutes -
KMA Mayor inspects flood-prone areas as Kumasi steps up measures to prevent flooding
15 minutes -
Lands Minister strengthens earthquake monitoring with upgraded national seismic network
17 minutes -
Africa unites behind Ghana Black Stars as squad faces Panama today in Canada for World Cup opener
20 minutes -
Juliet Asante reflects on Ghana’s missed World Cup branding opportunity
20 minutes -
Canada’s visa denial for Ghana’s Thomas Partey sets precedent for World Cup host nations
21 minutes -
US immigration law collides with Ghanaian anti-corruption efforts over Ken Ofori-Atta residency ruling
27 minutes -
Sam George announces major reduction in MTN fibre broadband prices
31 minutes -
Carpenter electrocuted after contact with high-voltage cable at Millennium City
33 minutes -
Emeritus Prof. K.K. Adarkwa’s new book ranks Ghana’s districts by road maintenance deficit
36 minutes -
Sports Fund Administrator rallies national support for Black Stars ahead of Panama clash
39 minutes -
GES condemns assault on teachers, property damage at Bawku SHS during WASSCE
44 minutes -
Ayariga, Afenyo-Markin clash in parliament over Ofori-Atta’s US residency reports
53 minutes