Trump says Ukraine war to end soon, hints at possible waiver on sanctioned Russian oil

President Donald Trump said on Tuesday that the war in Ukraine, which started in 2022 with the Russian invasion, is very close to ending, and he believes there will be a settlement between Russia and Ukraine.”The end of the war in Ukraine – I really think it’s getting very close,” Trump told reporters as he left the White House for a trip to China. Trump’s comments echoed those made by Russian President Vladimir Putin on Saturday.

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On the question of a potential waiver on sanctioned Russian oil, news agency ANI reported that Trump did not rule out resorting to the same.Trump said, “.We are going to whatever is necessary, including this war over will not be long. You’re going to see oil prices drop, and you’re going to see a stock market, which is already at the highest point in history… You’re going to see the golden age of America, frankly, and you’re seeing it now… Hundreds of ships that are loaded up with oil want to come out.”

The US president also added, “As soon as they come out, we’re to have a gush of oil, and you’re to have inflation that goes way down. Now, with all of this, inflation is much lower than it was under Biden. Biden had the highest inflation in the history of our country. Inflation is nothing by comparison, but our inflation is short-term.” Because if you go from before, just before the war, we were, for the last three months, 1.7%. And now, what you have is, as soon as this war is over, given the inflation, will go down to probably 1.5%.”