Donald Trump has recommended that the U.S. may have made a "fortune" from the Ukraine battle by exploiting oil sanctions on Russia.

Talking to Fox Enterprise' Maria Bartiromo, the previous president urged international locations to not buy oil from Russia within the wake of its invasion of its neighbor, and mentioned that if he have been nonetheless president the U.S. could be "exporting oil to everyone" as a substitute.

When requested if President Joe Biden ought to put sanctions on Russia's oil sector, Trump replied: "You need to open it up in the US and you can purchase no oil in any way from Russia.

"He ought to open it up—it will take some time, that is the issue, we had it there already—our nation would have made an absolute fortune, more cash than has ever made, on this case."

Trump additionally recommended that Vladimir Putin's assault on Ukraine wouldn't have occurred if he have been president.

"Now, the state of affairs itself would have by no means occurred so we would not have had that downside. However we had low vitality prices that have been very ample. And now they've closed all of the leases, they've ended exploration," he mentioned.

Trump repeated the suggestion that international locations ought to cease shopping for Russian oil to financially punish the nation for the assault on Ukraine, which might additionally profit the U.S.

"You cease shopping for their oil, as a result of they're proper now with all the banking stuff, however they're letting billions of dollars a day return into Russia.

"You cease shopping for their oil, and also you open up your personal oil," Trump mentioned. "We do not want oil from these international locations. These international locations are usually not our buddies. We do not want oil, we have now extra oil."

Trump added that one of many "greatest benefits" that the U.S. has over China is that the Asian powerhouse doesn't have any oil.

"It is liquid gold underneath our toes. We now have oil and China does not," Trump mentioned.

Trump described the demise and destruction in Ukraine by the hands of Russia's army as like a "holocaust" whereas as soon as once more blaming the battle breaking out on Biden.

"I take a look at what's occurring in our nation, it is prefer it's run by fools," Trump mentioned.

"We're preventing Russia. We're watching a holocaust. We're watching one thing that I've by no means seen earlier than."

Trump additionally recommended that the variety of civilian casualties in Ukraine is "far worse" than is being reported.

"If you see buildings being blown up after which they are saying one individual died? Give me a break. Many individuals are dying and we're permitting this to occur."

trump oil
Former President Donald Trump seems to be again at journalists after welcoming Mongolian President Battulga Khaltmaa to the White Home in Washington, D.C. on July 31, 2019. Trump has recommended that the U.S. may have made a “fortune” from the Ukraine battle.Chip Somodevilla/Getty Photographs