Finance

Kremlin says Ukraine conflict is about national security, not oil

Published by Global Banking & Finance Review

Posted on January 24, 2025

1 min read

· Last updated: January 27, 2026

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Kremlin spokesman discusses Ukraine conflict focus on national security - Global Banking & Finance Review
This image features a Kremlin spokesman addressing the media about the Ukraine conflict, emphasizing that Russia's concerns are centered on national security rather than oil prices, highlighting the geopolitical implications discussed in the article.
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MOSCOW (Reuters) - The Ukraine war is about Russia's national security and not about oil prices, the Kremlin said on Friday after U.S. Donald Trump called for a cut in the price of oil. Trump on

Kremlin Clarifies Ukraine Conflict Focuses on Security, Not Oil

MOSCOW (Reuters) - The Ukraine war is about Russia's national security and not about oil prices, the Kremlin said on Friday after U.S. Donald Trump called for a cut in the price of oil.

Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil.

Kremlin spokesman Dmitry Peskov, responding to a question about those comments, said the issues for Russia in Ukraine were about national security, threats to Russians living there, and the refusal of the United States and Europe to listen to Russia's concerns.

Ukraine and its Western supporters reject those arguments, saying Russia launched the war as an imperial-style land grab.

(Reporting by Dmitry Antonov; Writing by Anastasia Teterevleva; Editing by Mark Trevelyan)

Key Takeaways

  • Kremlin emphasizes national security as the reason for the Ukraine conflict.
  • Russia denies the war is about controlling oil prices.
  • Trump urges Saudi Arabia and OPEC to lower oil prices.
  • Russia accuses the US and Europe of ignoring its security concerns.
  • Ukraine and allies view the conflict as a land grab by Russia.

Frequently Asked Questions

What is the main topic?
The main topic is the Kremlin's stance that the Ukraine conflict is about national security rather than oil prices.
What did Trump say about oil prices?
Trump called for Saudi Arabia and OPEC to reduce oil prices.
How does Russia view the Ukraine conflict?
Russia views it as a matter of national security and protection of Russians in Ukraine.

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