What happens next: Trump's win changes White House plans for Ukraine and oil markets

After electoral victory Trump takes over White House soon. Biden team rushes to complete its final tasks with Ukraine support and energy-market decisions in their last weeks

November 6 2024 , 12:01 PM  •  291 views

What happens next: Trump's win changes White House plans for Ukraine and oil markets

Donald Trumps clear-cut win means no post-election court fights this time‚ but the two-month transition period brings its own set of issues

The outgoing team has money to spend - about $5‚5B from late-Oct that they can use to help Ukraine (which needs air-defense systems tanks and long-range weapons to fight against its bigger neighbor)

  • air-defense equipment
  • battle tanks
  • long-range firepower systems

The rules for using US-made weapons might change now: Ukraine has been asking to hit targets behind front-lines‚ and the White House might say yes. Its different now because they dont need to think about election stuff anymore

The energy-market rules could change too — since gas prices dont matter for elections now the US might be more open to letting Ukraine hit Russian oil places. Also Iran and Venezuela (who got away with selling oil all yr) might face new rules: Biden team doesnt need to worry about high prices at home anymore‚ so they can be more strict with these countries