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Euronews
Euronews
Jorge Liboreiro

'Self-defeating': EU and US clash over Russia sanctions relief as prices soar

As the war in the Middle East sends oil prices soaring, Russia is once again driving a wedge between the European Union and the United States.

President Donald Trump, whose endgame in Iran is not clear to Western allies, has suggestedsuspending US sanctions on foreign oil in an attempt to bring down global prices, reassure panicked investors and contain the fallout from the war he launched.

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