Why Trump’s Trade Threat Puts Spain’s Energy Security on the Line
OilPrice.com
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Donald Trump’s July 8 order to halt trade with Spain has yet to become an energy embargo, but Madrid can no longer dismiss it as political theatre.
It was the second such threat since March 2026, this time delivered directly to Treasury Secretary Scott Bessent after Spain refused to commit 5% of GDP to defence spending and declined to support US operations against Iran.
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