Trump's Reverse Nixon Strategy: Bring Russia In, Shut China Out

OilPrice.com·Oct 23, 2026 · 6:00 PM CT

Readthrough summary

An OilPrice.com commentary argues the US Treasury's six-month waiver, issued Oct. 9 after a Trump-Putin call, letting Russian diesel be sold globally is part of a broader strategy. The author contends Washington aims to control as much world energy supply as possible while denying it to China, pointing to Venezuela's oil exports and the closed Strait of Hormuz.

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