Quote:
Originally Posted by Chris
A retired US Treasury Secretary on PM this evening described an oil embargo as the “last bullet” for use if all else fails, because it would be difficult and it would take time to arrange in any way remotely sustainable. But he believed it had to remain on the table because in the long run this is a fight Putin simply can’t be allowed to win.
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FT reported yesterday that US was speaking to Venezuela about it supplying oil to the US in place of Russia. Venezuela is facing sanctions from the US so isn't supplying oil at present.