00:00Trump says lower oil prices would force Vladimir Putin to stop the war and he's planning tariffs
00:06on countries like India to push those prices down. How realistic is it that oil prices alone
00:13could really change Putin's actions in Ukraine? Well, my personal view is not very realistic at
00:19all. What we're seeing is a drama, as you know, that's been playing out since the beginning of
00:23the year. Will there be negotiations or not? Are the Russians in good faith or acting in good faith
00:30or not? And President Trump has been very tough on Putin in the last few weeks, arguing that
00:37sanctions would be imposed, indirect sanctions in particular on countries like China and India.
00:43And we have two problems here. One is that I don't think the Kremlin is likely to change its behavior
00:49based on a rise in the oil prices. And second, President Trump is having wants to deal with
00:55India and China economic and trade issues. And that means there's going to be, let's say,
01:00a market break on the kind of action he may want to do otherwise. So it's going to be a very
01:06interesting meeting. I don't expect a lot of positive results. And it has this background,
01:12not only about energy, as you said, but also this remarkable talk about nuclear weapons
01:17in the past few days, which I think has caught a lot of observers by surprise.
