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Josh Rogin discusses the trade conflict between the US and India, noting that tariffs were used as leverage regarding Russian oil and Modi's diplomatic de-risking from Washington.1860 INDIA
PREVIEW FOR LATER TODAY Guest: Michael Bernstam. India continues purchasing Russian oil through intermediaries like Egypt to secure deep discounts, while China absorbs any reduced Indian export volumes.
The U.S. ended the extra "Russian oil" tariffs on India, moved to reduce or remove several reciprocal and Section 232 tariffs, and launched six months of talks on broader market‑access issues alongside India's stated plans to expand purchases of U.S. goods and lower its own duties. For more information, listen to Two Minutes in Trade.
[X] SB – Peter Navarro on steelUS steel production passed Japan for the 1st time in decades…https://www.cnbc.com/2026/02/02/trump-india-trade-deal-tariffs.htmlThe U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other's goods, President Donald Trump announced.Prime Minister Narendra Modi also agreed to buy American products “at a much higher level” as part of the agreement, Trump said in a Truth Social post Monday following a call with the Indian leader.Modi additionally committed to “stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela,” Trump said in the post.He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week! Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%. They will likewise move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO. The Prime Minister also committed to “BUY AMERICAN,” at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week, the US and India announced a surprise new trade deal that slashes tariffs on Indian goods. It has one major possible catch: a commitment from India to stop buying cheap Russian oil — which will be easier said than done. On today's Big Take Asia Podcast, Bloomberg’s Sudhi Ranjan Sen joins host Oanh Ha to break down the deal and explain what it means for India’s economy and its relationships with the US, Russia and China. Read more: Trump’s Surprise Trade Deal With India Resets Fractured Ties - Bloomberg Further listening: India Wanted to Become The World’s Toymaker. Then Tariffs Happened India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.See omnystudio.com/listener for privacy information.
Modi has Stopped Russian Oil Purchase because of India - USA Deal? | Putin को धोखा मिला? | RealTruth
A version of this essay was published by firstpost.com at https://www.firstpost.com/opinion/india-us-trade-deal-trump-skepticism-13977047.htmlI am beginning to feel quite like ‘The Boy Who Cried Wolf', who was destined to be ignored. Or maybe I am the boy who cried ‘The Emperor Has No Clothes'. For, I was skeptical last week about the India-EU FTA, which I called a triumph of hope over experience. Now I am equally skeptical about the so-called India-US trade ‘deal', which in fact is not a deal at all, but a sort-of statement of direction about the way to an actual deal.I expressed my caution on a Malayalam TV program where the host was a retired Ambassador. He was less skeptical than me, but he understood where I was coming from: after all, a diplomat's job is to put the best spin on the news (good or bad) from his country's perspective. And I spent much of my professional career in marketing: I can tell spin when I see it. Reason No. 1: Trump is famous for exaggeration and U-turns.The very first reason for the scepticism about the Indo-US lovefest is that it was announced by President Trump, who, in the past six months, has, in his whimsical way, executed any number of U-turns, as well as Z-turns, and various other pretzel-logic twists, so much so that anything he says, and its opposite, can be equally true, in a quantum Schrodinger's Cat sort of way. It is prudent not to take him at face value when he swears eternal allegiance to India. Again.Quoth he: “It was an Honor to speak with Prime Minister Modi, of India, this morning. He is one of my greatest friends, and a Powerful and Respected Leader of his Country. We spoke about many things, including Trade, and ending the War with Russia and Ukraine. He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week! Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%. They will likewise move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO. The Prime Minister also committed to “BUY AMERICAN,” at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products. Our amazing relationship with India will be even stronger going forward. Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most. Thank you for your attention to this matter!”Okay. Very interesting. There has been no Indian readout corroborating a number of these claims, especially on agriculture, which I imagine is a redline, a no-go, for India.Besides, these are supposed to be ‘reciprocal' tariffs. If Indian tariffs go to zero on US products, why is the US imposing 18% on Indian products?Reason No. 2: Desperation of ‘jilted lovers'The ‘shotgun wedding' vibe was present in the India-EU FTA as well: a sort of desperation. There is not much choice: you simply have to do this. I am not the only one saying this. Here is a tweet from a senior EU leader, former PM of Sweden and co-chair of the EU Council for foreign relations. Of course you could say that he would say this, wouldn't he? But it happens to be true. The number of suitors is declining rapidly, so you compromise. But that is not a recipe for the longevity of the relationship, nor for faithfulness. You can expect er… adultery (early and often). The roving eye roveth.Reason No. 3: Agriculture and dairy red-linesWe really don't know much about the fine print. I am aware that sales and marketing people tend to promise anything (even things they are completely aware are impossible) just to get the sale. Thus, when India diversifies away from the US market, and its Q3 numbers are not badly affected by the Trump tariffs, it is incumbent upon Trump and Navarro, Bessent, Lutnick et al to reverse their previous abuse, and be all milk and honey.The problem here, as always, is the agriculture and dairy product front. It is an absolute red line for India: no government can afford to piss off its farmers, nor to open up the country, home of much of the world's genetic diversity, to Genetically Modified Organisms (GMO) including Terminator Seeds (that would forever put farmers at the mercy of Cargill and friends).Not only that, non-veg milk (that is, milk from cows that have been fed, among other things, ground-up animal bodies) is abhorrent to a large number of Indians. Not to mention the risk of things like Creuzfeldt-Jakob Disease or mad-cow disease (transmitted via feed that includes the ground-up brains of diseased cattle: see also the fatal brain disease Kuru, transmitted between cannibals in Papua New Guinea).The US rather urgently needs to get rid of its soybean and corn mountains and milk lakes (in contrast with the EU's butter mountain and wine lakes) and in both, exporters salivate at the prospect of the proverbial billion-customer market. (The Chinese expertly used this rather illusory meme to attract foreign makers of consumer goods. That didn't end well).In the case of India, there is no demand for soybeans, and the one place where I can see demand for corn is in ethanol, especially for blending into petrol. That would be a win-win, because it would reduce the need for India to grow highly thirsty sugarcane, thus drawing down the already alarmingly depleted water-table.Reason No. 4: Russian oil and energy in generalThe unseemly pressure over Russian oil raises hackles on the Indian side. After all, this is not the only time India has been pushed to the wall by American sanctions: there was the post-'Buddha is smiling' period, and the prevention of the sale of ex-Soviet cryogenic rocket technology, as immortalized in Nambi Narayanan's story in “Rocketry: The Nambi Effect”. Earlier, there was the embargo on supercomputers.In each of these cases, India rode out the sanctions and denials. But the question arises: why should India not use Russian oil if it makes commercial sense to India? Just because there is a conflict between Russia and Ukraine? That is really not India's problem: India does not have a dog in that fight.Now there is the allegedly impending US attack on Iran. India has been denied Iranian oil for some time, and now under US pressure, it is being forced to ramp down its involvement in Chabahar Port in Iran that India built, and views as a gateway to Central Asia. Notably, China continues to import Iranian crude. Is India getting some relief there?It is not realistic to imagine that large amounts of Venezuelan crude will now flow to India if it abjures the Russian stuff. For one, even though Reliance's Jamnagar refiner can process the heavy, sour Venezuelan oil, it is said that Venezuela will take some time and a lot of money to ramp up its output because of years of neglect, lack of naphtha to dilute and pump out the crude, and so on.Reason No. 5: Non-tariff barriers and subsidies.The US claims that India will drop all its non-tariff barriers, but what is the guarantee that the US will not raise an impenetrable wall on their side? It is a simple matter to impose difficult-to-comply-with rules that basically say “Your products are not welcome”. These may include environmental, carbon tax, quality, and various other demands.For example, there is the Merchant Marine Act of 1920 that insists that only American owned/built/crewed ships can transport goods between US ports. Then there are Buy American Act procurement restrictions that handicap foreign-origin products. Furthermore, quality standards e.g. on hormone-treated meat products, and on certification that seafood is tuna-safe have been used to keep out imported products.The US Farm Bill provides gigantic subsidies for five major crops – corn, soy, wheat, rice and cotton – amounting to $9.3 billion in 2024. Reports suggest that crop insurance and new benefits from the ‘bridge payments' announced in 2025 may add another $10 billion+ to this sum. That is an enormous subsidy, pricing competitors out of the market.Reason No. 6: Loss of trustFinally, there is a sixth and critical reason: the loss of trust. For the longest time, India had convinced itself that it was an essential strategic partner to the US, if for nothing else to contain China. But that illusion is now gone, quite possibly because the US has decided to create a G2 condominium with China and retreat into Fortress America. The US administration now considers India, at best, a transactional vassal, and at worst, a potential rival to apply the Thucydides Trap to: and what better than to do war by economic means? India has to adjust.On the other hand, there are indeed positives. In the interest of fairness, here are the immediate views of Citibank and Bank of America, who both considered it a net positive for India.If you accept the tariff reductions by the US at face value, then India at 18% is doing marginally better than several other nations, including Vietnam, Thailand and Bangladesh. Ironically, Trump's recent best-friend-forever Pakistan is hit with 19%. There was a video circulating showing Raghuram Rajan, the economist who wants to be to Rahul Gandhi who Manmohan Singh was to his mother, gloating earlier that India was suffering from 50% tariffs compared to Pakistan's 19%.That brings up one more observation: the Opposition in India is screaming bloody murder about this supposed India-US ‘deal' not because they claim India is getting a bad deal, but apparently because they think India is getting a good deal. They should see Trump's latest triumph.Opposition, fear not: Trump is making even more entertaining claims about his ‘deal' with Xi. The sum and substance: “Please buy my soybeans”. This, despite the fact that China is the biggest buyer of oil from both Russia (48% of exports) and Iran (80%). Clearly, there is a lot of marketing going on, and it's too early to tell what the reality is. The devil is in the details.1750 words, 5 Feb 2026 This is a public episode. 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In this episode of The PDB Afternoon Bulletin: First up—new reporting reveals Iran's leadership is privately warning that fear is no longer keeping the public in check, and that even a limited U.S. strike could push the regime toward a breaking point. Behind closed doors, officials are expressing alarm over public anger and internal instability, raising new questions about how close Tehran may be to the edge. Later in the show—the White House announces a new trade deal with India, as President Donald Trump moves to slash tariffs after New Delhi agrees to stop buying Russian oil, marking a significant shift in global trade and energy dynamics. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting https://PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief ZBiotics: Visit https://zbiotics.com/PDB for 15% off StopBox: Get firearm security redesigned and save 15% off @StopBoxUSA with code BAKER at https://www.stopboxusa.com/BAKER#stopboxpod Learn more about your ad choices. Visit megaphone.fm/adchoices
Global equity markets bounce back with South Korea's KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the losses from a two-day rout. The U.S. moves to slash tariffs on New Delhi from 50 to 18 per cent, nudging Indian assets higher. President Trump says the country has now agreed to halt all purchases of Russian oil. In France, lawmakers finally agree on a budget following four months of intense wrangling. Prime Minister Sébastien Lecornu hailed the agreement after gaining support from the Socialist party through a slew of concessions and defeating a vote of no confidence at the Assemblée Nationale.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Following a social media announcement by Donald Trump about a trade deal, Indian officials hailed the agreement as "the best in the region", while making no explicit comment about the US president's claim that Prime Minister Narendra Modi had agreed to stop buying Russian oil. Moscow, meanwhile, says it hasn't heard from India about any plans to do so. We take a closer look at how much crude oil India imports from Russia.
AP Washington correspondent Sagar Meghani reports on President Trump's plan to reduce tariffs on India.
2026-01-31 | UPDATES #122 | Is India “dumping” Russian oil… or just re-routing for the sake of optics? Today's story sounds simple — “India is dumping Russian oil as it seals a historic deal with the EU.” But the reality is messier — and honestly, more damning.On January 27, the EU and India concluded a long-awaited free trade agreement — described by EU Commission President Ursula von der Leyen on X as: “the mother of all deals.” (X (formerly Twitter))That same day, EU leaders framed it as a geopolitical signal in a reshuffled world order — European Council President António Costa called it a “historic moment,” and stressed the EU and India as “strategic and reliable partners.” (Consilium)----------SUPPORT THE CHANNEL:https://www.buymeacoffee.com/siliconcurtainhttps://www.patreon.com/siliconcurtainhttps://www.gofundme.com/f/scaling-up-campaign-to-fight-authoritarian-disinformation----------A REQUEST FOR HELP!I'm heading back to Kyiv this week, to film, do research and conduct interviews. The logistics and need for equipment and clothing are a little higher than for my previous trips. It will be cold, and may be dark also. If you can, please assist to ensure I can make this trip a success. My commitment to the audience of the channel, will be to bring back compelling interviews conducted in Ukraine, and to use the experience to improve the quality of the channel, it's insights and impact. Let Ukraine and democracy prevail! https://buymeacoffee.com/siliconcurtain/extrashttps://www.patreon.com/siliconcurtainhttps://www.gofundme.com/f/scaling-up-campaign-to-fight-authoritarian-disinformationNONE OF THIS CAN HAPPEN WITHOUT YOU!So what's next? We're going to Kyiv in January 2026 to film on the ground, and will record interviews with some huge guests. We'll be creating opportunities for new interviews, and to connect you with the reality of a European city under escalating winter attack, from an imperialist, genocidal power. PLEASE HELP ME ME TO GROW SILICON CURTAINWe are planning our events for 2026, and to do more and have a greater impact. After achieving more than 12 events in 2025, we will aim to double that! 24 events and interviews on the ground in Ukraine, to push back against weaponized information, toxic propaganda and corrosive disinformation. Please help us make it happen!----------SOURCES: Reuters (Jan 29, 2026) — India's Reliance to buy up to 150,000 bpd of Russian oil from Februaryhttps://www.reuters.com/business/energy/indias-reliance-buy-up-150000-bpd-russian-oil-february-2026-01-29/Reuters (Jan 28, 2026) — Bessent says disappointed by EU-India deal; South Korea must ratify trade deal - https://www.reuters.com/business/bessent-says-disappointed-by-eu-india-deal-south-korea-must-ratify-trade-deal-2026-01-28/Reuters (Jan 27, 2026) — Indian diesel exports to West Africa jump as EU bans Russian crude-derived fuel - https://www.reuters.com/sustainability/boards-policy-regulation/indian-diesel-exports-west-africa-jump-eu-bans-russian-crude-derived-fuel-2026-01-27/Reuters (Jan 27, 2026) — Details of EU-India trade deal - https://www.reuters.com/world/india/details-eu-india-trade-deal-tariffs-quotas-market-access-2026-01-27/Council of the EU (Jan 27, 2026) — Press statement by President António Costa following the EU-India summit (PDF) - https://www.consilium.europa.eu/en/press/press-releases/2026/01/27/press-statement-by-president-antonio-costa-following-the-eu-india-summit/pdf/Reuters (Jan 14, 2026) — Russia's oil and gas budget revenue falls 24% to lowest since 2020https://www.reuters.com/business/energy/russias-oil-gas-budget-revenue-falls-24-lowest-since-2020-2026-01-15/----------
This week, MSD pivots a bit and airs the latest episode of the Oil Groundup Podcast, where host Rory Johnston welcomes Ronald Smith, a consultant with 25 years of experience analyzing the Russian oil and gas sector. The discussion delves into why Russia's industry is far more complex than other OPEC+ members due to its vast refining sector and extensive pipeline networks that crisscross continental Asia. Smith explains the geographic evolution of production, highlighting West Siberia as the current "anchor" while exploring the future potential of Arctic and East Siberian greenfields._____TerraHutton empowers junior mining companies to secure investment with immersive, interactive, and visually striking storytelling. Learn more about the TerraHutton platform HERE______This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
India is entering a decade where its biggest challenges will not come from visible enemies alone — but from the choices it makes under pressure in a rapidly fragmenting world order. In this wide-ranging and rigorous conversation, Abhijit Chavda joins Bharatvaarta to examine the hard geopolitical decisions India faces today — from energy security and strategic autonomy to American pressure, global trade realignments, and the limits of the so-called “rules-based order.” We unpack why India's purchase of Russian energy is not just an economic decision but a sovereignty test, how sanctions and tariffs are used as tools of control, and why Western demands rarely stop at a single issue. Abhijit Chavda explains how dollar dominance, payment systems, and global trade architecture have become instruments of coercion — and why India's attempts to bypass them trigger resistance. The conversation moves through America's containment strategy, regime-change patterns in South Asia, pressure on India's neighbourhood, and why “multi-alignment” is not indecision but survival strategy for a rising power. We explore whether India can stay sovereign without picking sides, what happens if it doesn't, and why the next few years may define India's trajectory for decades. This episode isn't about ideology. It's about power, pressure, and the price of independence. ⸻ ⏱️ Chapters 00:00 – 01:00 • Introduction: India's Moment of Decision 01:00 – 05:30 • Russian Oil, Energy Security & Western Pressure 05:30 – 10:30 • Sanctions, Tariffs & Economic Coercion 10:30 – 15:30 • Dollar Power, Trade Architecture & Financial Warfare 15:30 – 20:30 • Is the US Really Angry About Oil — Or Control? 20:30 – 26:00 • Containment Strategy: India, China & Unequal Treatment 26:00 – 31:30 • Multi-Alignment vs Picking Sides 31:30 – 37:00 • What “Vassal State” Pressure Actually Looks Like 37:00 – 43:00 • Regime Change, NGOs & Influence Operations 43:00 – 48:30 • India's Neighbourhood: Pakistan, Bangladesh & Instability 48:30 – 54:00 • EU, America & India's Strategic Options 54:00 – 59:30 • Trump, Establishments & How Power Really Works 59:30 – 01:05:30 • Can India Buy Time — Or Is Conflict Inevitable? 01:05:30 – 01:11:00 • India's Strategic Path Forward & Closing Thoughts ⸻
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, and YouTube
Plunging Russian Oil Prices and the Impact of Global Sanctions. Guest: MICHAEL BERNSTAM. Russian oil prices are dropping significantly, with some major brands selling between $34 and $35 per barrel. Western sanctions and global supply gluts allow buyers like China and India to extract massive discounts. Future stability in Iran could further increase competition, driving Russian revenues and taxes even lower.1903 SANTA BARBARA
A Surviving Security Guard from Venezuela warned “Americans have Technology that incapacitated hundreds within seconds”. A Sonic weapon was used causing instant bleeding, bloody nose and bloody vomit. In other news, Silver has grown by 6%, Trump want to launch land strikes on Mexico, proposing 500% tariffs on buyers of Russian Oil and much more. 00:00 Secret Technology 03:44 Mark of the Beast 04:34 Iran 05:25 Silver 19:11 Mexico 22:15 Russian Bear 25:29 Internal Revolution
A Surviving Security Guard from Venezuela warned “Americans have Technology that incapacitated hundreds within seconds”. A Sonic weapon was used causing instant bleeding, bloody nose and bloody vomit. In other news, Silver has grown by 6%, Trump want to launch land strikes on Mexico, proposing 500% tariffs on buyers of Russian Oil and much more. 00:00 Secret Technology 03:44 Mark of the Beast 04:34 Iran 05:25 Silver 19:11 Mexico 22:15 Russian Bear 25:29 Internal Revolution
The US military THIS MORNING carried out an operation landing US special forces on board a Russian oil tanker that came out of the the Caribbean.
The headlines of the day by The Indian Express
010726 ICE Cold Murder in Minneapolis, Russian Oil Tanker Seized, Mamdani Shovels Tar by The News with Paul DeRienzo
In this episode of The PDB Afternoon Bulletin: The U.S. military seizes two sanctioned oil tankers in the Atlantic, including a Russian vessel that spent weeks trying to evade enforcement tied to illicit Venezuelan oil shipments. We return to Iran, where nationwide protests continue to spread, casualties are mounting, and senior leaders in Tehran are openly signaling that the unrest may be slipping beyond the regime's control. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting https://PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Beam: Visit https://shopbeam.com/MIKE and use code MIKE to get our exclusive discount of up to 40% off. BUBS Naturals: Live Better Longer with BUBS Naturals. For A limited time get 20% Off your entire order with code PDB at https://Bubsnaturals.com Learn more about your ad choices. Visit megaphone.fm/adchoices
The world is rapidly approaching the boiling point and when you see what are Top 3 Stories are today, you will immediately understand why. Today we discuss the Club of Rome and their 10 Kingdoms Map, the upcoming seizure of Greenland by the Trump administration, and what happened with the Russian oil tanker Marinara. Our most exciting and action packed Midweek Update yet!“For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.” Revelation 17:17 (KJB)READ MORE: https://www.nowtheendbegins.com/nteb-midweek-update-greenland-club-of-rome-trump-seizes-russian-oil-tanker-marinara/
Russian oil tanker seized by the US Plus: Trump says he'll use force to take Greenland, and what does the future look like for Venezuela? With Michael Walker, Ash Sarkar & Gabriel Hetland
In dramatic scenes in the Atlantic this afternoon, American forces seized an oil tanker, 'the Marinera', flying the Russian flag. The British military was involved - supporting the US operation with air surveillance and a navy ship.The Kremlin has only said that it has been "following the abnormal situation with alarm" - but the maritime confrontation draws Russia and the US closer to direct conflict.It comes the day after the US, the UK, France, Germany and other allies reiterated their supported for security guarantees in Ukraine in the event of a ceasefire. But is the British army in any fit state to police a 2,000km frontline?Later, why hasn't the government come off Elon Musk's X when his AI software Grok is being used to virtually undress women and children?The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/
Conversations on Groong - December 14, 2025In this episode of Conversations on Groong, we examine how Venezuela's vast oil reserves have become entangled in global conflict. The discussion links US pressure on Caracas to efforts to drive down oil prices, weaken Russia's war effort in Ukraine, and limit Iran's regional power amid rising fears of a wider war. We also explore how a revived Venezuelan oil sector could disrupt OPEC+, reshape Middle East politics, and alter the balance of power across today's conflict zones.Topics:Venezuela's oil and US pressureTrump, oil prices, and OPEC+Middle East fallout from cheap oilUkraine war and Iran conflict stakesGuest: Harry IstepanianHosts:Hovik ManucharyanAsbed BedrossianEpisode 495 | Recorded: December 11, 2025SHOW NOTES: https://podcasts.groong.org/495VIDEO: https://youtu.be/g0bH2EFA3GU#Venezuela #OilPolitics #Geopolitics #USForeignPolicy #EnergyWarsSubscribe and follow us everywhere you are: linktr.ee/groong
Modi Talks to Trump - Shows Middle Finger to America - Buys More Russian Oil | Sanjay Dixit
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube
Day 1,376.Today, after a fresh round of talks between the Ukrainian and American delegations in Miami, we examine a new investigation exposing the Trump administration's profit motives behind the emerging proposals. We then assess the resignation of Andriy Yermak, formerly Zelensky's right-hand man, and the unexpected intervention of former Commander-in-Chief Valerii Zaluzhnyi – viewed as preparing for a presidential run after the war. Afterwards, we analyse Kyiv's decision to strike the Russian shadow fleet off the coast of Senegal, and how Europe – and France in particular – is positioning itself for this next, volatile phase.ContributorsAdélie Pojzman-Pontay (Journalist and Producer). @adeliepjz on X.Francis Dearnley (Executive Editor for Audio). @FrancisDearnley on X.Dominic Nicholls (Associate Editor of Defence). @DomNicholls on X.Joe Barnes (Brussels Correspondent). @Barnes_Joe on X.SIGN UP TO THE ‘UKRAINE: THE LATEST' WEEKLY NEWSLETTER:http://telegraph.co.uk/ukrainenewsletter Each week, Dom Nicholls and Francis Dearnley answer your questions, provide recommended reading, and give exclusive analysis and behind-the-scenes insights – plus maps of the frontlines and diagrams of weapons to complement our daily reporting. It's free for everyone, including non-subscribers.CONTENT REFERENCED:Valerii Zaluzhnyi: How to defeat Putin and build a better Ukraine (The Telegraph):https://tinyurl.com/582phz7bZelensky meets Macron in Paris (The Telegraph Live Blog):https://tinyurl.com/4vspzy8yUkrainian drone boats blow up Russian oil tankers (The Telegraph):https://tinyurl.com/5evypnz5Zelensky's chief of staff goes to front line after resigning over corruption scandal (The Telegraph):https://www.telegraph.co.uk/world-news/2025/11/29/zelensky-chief-of-staff-andriy-yermak-goes-to-front-line/ Kyiv's new peace talks chief caught in same corruption scandal as ousted predecessor (The Telegraph):https://www.telegraph.co.uk/world-news/2025/11/30/ukraine-make-or-break-week-survival-witkoff/ Antony Beevor: For Russia, conspicuous cruelty is a necessary weapon of war (The Telegraph):https://www.telegraph.co.uk/news/2025/11/30/antony-beevor-interview/ Make Money Not War: Trump's Real Plan for Peace in Ukraine (Wall Street Journal):https://www.wsj.com/world/russia/russia-u-s-peace-business-ties-4db9b290 Subscribe: telegraph.co.uk/ukrainethelatestEmail: ukrainepod@telegraph.co.uk Hosted on Acast. See acast.com/privacy for more information.
Silicon Bites Ep272 | News Update - Day 1,377 - 2025-12-01 | Two things went boom, but not in Crimea. Not Sevastopol. We're 30–40 nautical miles off Turkey's coast, in supposedly “safe” waters, watching two aging oil tankers from Russia's sanctions-busting shadow fleet burn in the dark. Beautiful, in a sinister kind of way. Ukraine does not deny it. Sea Baby naval drones. Precision hits. A deliberate punch to the Kremlin's oil lifeline. But a moral dilemma for Western states that are nominally pro-Ukraine but get squeamish when it treats this like the existential conflict that it is and takes actions it must. Ukraine embraces tough, challenging, dirty, and morally messy problems, and owns the decision and their impacts. The hypocritical and squeamish west labels this escalation. It's not, but our view on this reality exudes weakness and hypocrisy, as well as a shirking of duty. ----------SOURCES: Kyiv Independent – “‘Successful' Ukrainian naval drone strike disables 2 Russian shadow fleet tankers, source says” (Nov. 29, 2025)Kyiv Post – “SBU Drones Hit Sanctioned Oil Tankers Off Black Sea Coast” (Nov. 29, 2025)Reuters – “Ukrainian naval drones strike two Russian oil tankers in Black Sea” (Nov. 30, 2025)Associated Press – “Ukraine's Sea Baby drones hit Russian oil tankers in Black Sea off Turkish coast” & “Turkey condemns Ukrainian strikes on Russian oil tankers off Black Sea coast” (Nov. 29–30, 2025) RBC-Ukraine / UNN – coverage of Turkish Foreign Ministry and Transport Ministry reactions to the Kairos and Virat strikes Lloyd's List – Oleh Dunda & Ian Ralby, “Shadow ports: how cutting off Russia's access to maritime trade could help sanctions have real impact” (Nov. 27, 2025) gCaptain – “Two Sanctioned Tankers Catch Fire in Black Sea After Suspected Mine Strikes” (Nov. 28, 2025)Kyiv Post – analysis on Ukraine's campaign against Russian energy infrastructure and Zelensky's comments on striking energy facilitiesNaval News / H. I. Sutton – “Vital Russian Supply Lines in Black Sea Cut by Ukrainian Drones” (Mar. 10, 2024) Kyiv Independent, Kyiv Post, RBC-Ukraine, NV – reporting on earlier explosions involving the shadow-fleet tanker Vilamoura in the Mediterranean (June–July 2025) (Main Intelligence Directorate of Ukraine)----------SILICON CURTAIN LIVE EVENTS - FUNDRAISER CAMPAIGN Events in 2025 - Advocacy for a Ukrainian victory with Silicon Curtainhttps://buymeacoffee.com/siliconcurtain/extrasOur events of the first half of the year in Lviv, Kyiv and Odesa were a huge success. Now we need to maintain this momentum, and change the tide towards a Ukrainian victory. The Silicon Curtain Roadshow is an ambitious campaign to run a minimum of 12 events in 2025, and potentially many more. Any support you can provide for the fundraising campaign would be gratefully appreciated. https://buymeacoffee.com/siliconcurtain/extrasWe need to scale up our support for Ukraine, and these events are designed to have a major impact. Your support in making it happen is greatly appreciated. All events will be recorded professionally and published for free on the Silicon Curtain channel. Where possible, we will also live-stream events.https://buymeacoffee.com/siliconcurtain/extras----------SUPPORT THE CHANNEL:https://www.buymeacoffee.com/siliconcurtainhttps://www.patreon.com/siliconcurtain----------
Ukranian and Russian officials are gearing up for potential peace talks - but those efforts are being overshadowed by continued violence. As Kyiv suffered from Russian attacks on Friday, Ukraine struck two Russian oil tankers that are part of their so-called 'shadow fleet'. Also: A natural disaster -- turning catastrophic. Sri Lanka has declared a state of emergency after a cyclone killed at least 150 people. The storm is now barreling towards southern India. It's part of a broader crisis of extreme weather seen across Southeast Asia.And: Alberta's premier is trying to sell her energy agreement with Ottawa to her political base. During a speech at the United Conservative Party's annual general meeting, Danielle Smith pilloried her political rivals and promoted the Memorandum of Understanding she signed on Thursday as a political win. Plus: A sinking town in the Himalayas, A documentary on a dog war hero, and more.
In this episode of The PDB Afternoon Bulletin: Russia's oil sector is taking heavy hits on two fronts. Ukrainian drones are striking deep inside the country, while new U.S. sanctions are cutting off key buyers in India and China. We'll explain why this dual pressure is becoming a serious problem for Moscow's war economy. Germany is preparing to lift its freeze on arms exports to Israel, saying the Gaza ceasefire has stabilized enough to reverse restrictions imposed during the height of the conflict. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Rugiet: Ready to give Rugiet a try? Get 15% off your first order by going to http://rugiet.com/PDB and using code PDB. Rugiet prescriptions are compounded medications, available only if prescribed following an online consultation with a licensed clinician. Compounded drugs can be prescribed by federal law, but are not FDA-approved and have not been reviewed by the FDA for safety, effectiveness, or manufacturing. Individual results may vary. Full safety information available at https://Rugiet.com Lean: Visit https://BrickhouseSale.comfor 30% off StopBox: Not only do you get 10% Off your entire order when you use code PDB10 at https://stopboxusa.com/PDB10, but they are also giving you Buy One Get One Free for their StopBox Pro. #stopboxpod Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The PDB Afternoon Bulletin: First—Ukraine is once again hitting Moscow where it hurts most—its oil revenue. A precision drone and missile strike on Friday crippled the second-largest oil export hub in Russia, forcing closures at a facility that moves millions of barrels of crude a day. Later in the show—The Pentagon unveils Operation Southern Spear, a task force aimed at dismantling narco-terrorist networks across the Western Hemisphere. The announcement comes as President Trump receives an updated menu of military options against Venezuela. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Birch Gold: Text PDB to 989898 and get your free info kit on gold TriTails Premium Beef: Feed your legacy. Visit https://trybeef.com/pdb Learn more about your ad choices. Visit megaphone.fm/adchoices
2025-11-14 | Silicon Wafers 055 | Flamingo Over Novorossiysk: Ukraine's Long-Range Energy War. In the early hours of November 14, Russia's biggest Black Sea oil hub, Novorossiysk, went dark in a way that brings a thrill to pro-Ukraine activists on social media. Giant fireballs, and mobile phone footage of Russian's exclaiming and swearing in the entertaining we have become familiar with. But is the strike of strategic importance, and does it tell us anything about how Ukraine's deep strike capabilities are changing? Drones over the water, fire at the Sheskharis terminal, and something Moscow really hates to see, which is tankers not loading oil.The next night, hundreds of kilometres to the north, explosions roll across the Russian city of Oryol. Local Telegram channels film glowing debris raining into courtyards. And for the first time, Ukraine officially says it's using its new home-grown deep-strike weapon: the Flamingo cruise missile. Tonight, we're going to connect those two things — the burning oil terminal and the cute-sounding missile with a 3,000-kilometre reach — and ask: How is Ukraine's second front of the war unfolding — not the territorial war, but the one against Russian energy, logistics, and the regime's balance sheet?----------SOURCES: Kyiv Post – “Novorossiysk Oil Shipments Suspended After Ukraine Drone Strike Sets Key Terminal Ablaze” (Nov. 14, 2025)Kyiv Post – “Explosions Rock Russia's Oryol – Ukraine's Use of ‘Flamingo' Long-Range Missiles Confirmed” (Nov. 13, 2025)Kyiv Post – “ANALYSIS: Ukraine's Bombardment of Russia – Not Just Oil Refineries, Warships Any More” by Stefan Korshak (Nov. 5, 2025)The Kyiv Independent – “Ukraine confirms use of Flamingo missiles in strikes on Crimea, Zaporizhzhia, targets inside Russia” (Nov. 13, 2025)Reuters – “Storms, drone attacks and record oil exports pile pressure on Russian port of Novorossiisk” (Oct. 15, 2025)Reuters – coverage on Novorossiysk oil export suspension after attack (Nov. 14, 2025) AP News – “Ukraine's long-range strikes cut Russia's oil refining capacity by 20%, Zelenskyy says” (late Oct. 2025)Chatham House – “Ukraine's best defence against Putin's energy war is more attacks on Russia's oil refining sector” (2025)Foundation for Defense of Democracies – “Ukraine conducts strikes on Russian targets using domestically produced missiles and drones” (Nov. 2025)The Guardian – “Ukraine war briefing: Flamingo flies into battle, Zelenskyy defers to commanders over Pokrovsk” (Nov. 14, 2025) ----------SILICON CURTAIN FILM FUNDRAISERA project to make a documentary film in Ukraine, to raise awareness of Ukraine's struggle and in supporting a team running aid convoys to Ukraine's front-line towns.https://buymeacoffee.com/siliconcurtain/extras----------SILICON CURTAIN LIVE EVENTS - FUNDRAISER CAMPAIGN Events in 2025 - Advocacy for a Ukrainian victory with Silicon Curtainhttps://buymeacoffee.com/siliconcurtain/extrasOur events of the first half of the year in Lviv, Kyiv and Odesa were a huge success. Now we need to maintain this momentum, and change the tide towards a Ukrainian victory. The Silicon Curtain Roadshow is an ambitious campaign to run a minimum of 12 events in 2025, and potentially many more. Any support you can provide for the fundraising campaign would be gratefully appreciated. https://buymeacoffee.com/siliconcurtain/extras----------SUPPORT THE CHANNEL:https://www.buymeacoffee.com/siliconcurtainhttps://www.patreon.com/siliconcurtain----------
President Trump grants Hungary a one-year exemption from US sanctions on Russian oil and gas purchases during a visit to the White House by his right wing ally, Hungarian Prime Minister, Viktor Orban. The sanctions were introduced in response to Russia's invasion of Ukraine. Also: Senators fail to agree a compromise to pay essential federal workers, including air traffic controllers, during the US Government shutdown; more than 200 people have been charged with treason after protests against the disputed election in Tanzania; Nobel Prize-winning American scientist James Watson, one of the co-discoverers of the structure of DNA, has died aged 97; and archaeologists have compiled the most detailed map yet of the roads that criss-crossed the Roman Empire from Great Britain to North Africa. The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk
US president Donald Trump has announced that Hungary will not have to face sanctions for importing Russian oil, following a White House meeting with Hungary's right-wing prime minister Viktor Orban.It comes after the US effectively blacklisted two of Russia's largest oil companies last month, threatening sanctions on those who buy from them.Also in the programme: 10 years after the Paris climate change conference agreed to limit global warming, we'll analyse what has been achieved by the agreement; we'll look at how Tunisian opposition leaders are supporting each other by going on hunger strike; and we'll hear from the woman who took up golf in her 50s and just hit three holes in one in a month.[Photo shows U.S. President Donald Trump hosts a bilateral lunch with Hungarian Prime Minister Viktor Orban and Vice President JD Vance, at the White House in Washington DC on 7 November 2025. Credit: Jonathan Ernst/Reuters]
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube
Russia's been subject to more than 5,000 sanctions since its invasion of Ukraine. Yet many purported allies of Ukraine are still getting Russian oil — directly or indirectly. On today's show, how governments are straddling the fence and skirting their own sanctions. Related episodes: How the ‘shadow fleet' helps Russia skirt sanctions For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Day 1,344.Today, as the situation around the frontline city of Pokrovsk continues to worsen, we examine Ukraine's latest wave of deep strikes targeting Russia's military infrastructure. Then we turn to Brussels, where frustration mounts after European nations failed to agree on how to unlock frozen Russian assets to support Kyiv's war effort. Then we hear about the motorway some believe could save NATO from Vladimir Putin's aggression.Contributors:Francis Dearnley (Executive Editor for Audio). @FrancisDearnley on X.Joe Barnes (Brussels Correspondent). @Barnes_Joe on X.David Blair (Chief Foreign Affairs Commentator). @davidblairdt on X.WATCH OUR SPECIAL LIVE EPISODELink here: https://youtu.be/Mw_lWhp-flUQuestions from the audience are answered in the podcast version, below:Apple: https://podcasts.apple.com/us/podcast/special-putin-could-strike-london-in-90-minutes-russias/id1612424182?i=1000733450202 Spotify: https://open.spotify.com/episode/7DKehIQCz24eKK73xjP2e8 Content Referenced:Battle Lines: Global Health Security episode on bioweapons:https://www.telegraph.co.uk/global-health/terror-and-security/battle-lines-global-health-security-podcast/ The motorway that could save Nato from Putin's aggression (David Blair in The Telegraph):https://www.telegraph.co.uk/news/2025/10/27/motorway-save-nato-putin-aggression/ US to Remove Brigade From Romania, Sources Tell Kyiv Post (Kyiv Post):https://www.kyivpost.com/post/63159 U.S. intelligence agencies see no sign Russia is ready to compromise on Ukraine (NBC):https://www.nbcnews.com/politics/white-house/us-intelligence-agencies-see-no-sign-russia-ready-compromise-ukraine-rcna239645 A Russian Ka-52 helicopter shot down by "friendly fire” (The Insider):https://theins.ru/news/286277 Hosted on Acast. See acast.com/privacy for more information.
Last week, President Trump announced that he was imposing significant new sanctions on Russia. It's an effort to cut off revenue Russia needs for its war in Ukraine. This comes at a time when Russia's oil industry is also under pressure from intensifying Ukrainian attacks on refineries, crude pipelines, and export terminals. It's also happening as producers have been ramping up output amid signs of cooling demand growth. Yet the sanctions could still bite. Especially given that the Treasury sanctions announcement came with the explicit warning that secondary sanctions—targeting buyers of Russian crude oil from these companies—could be coming next. So why did Trump take this step now? Will these sanctions be strongly enforced? What's the point of these sanctions? And what do they mean for global energy flows, energy markets and geopolitics? This week, we are sharing a recording of a Rapid Response webinar from Monday, October 27, in which Jason Bordoff spoke with three experts from the Center on Global Energy Policy — Richard Nephew, Tatiana Mitrova, and Daniel Sternoff — about these new Russian oil sanctions. Richard Nephew is senior research scholar at the Center on Global Energy Policy and a former U.S. Deputy Special Envoy for Iran. Tatiana Mitrova is a global fellow at the Center and has deep expertise in Russian and global energy markets. Daniel Sternoff is a senior fellow at the Center. He also leads Energy Aspects' executive briefing service. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.
Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Thursday, October 23, 2025. Stand Up for Your Country. Talking Points Memo: Bill breaks down this week's ICE raid in New York's Chinatown and the far left's push for amnesty for illegal immigrants. U.S. District Judge April Perry indefinitely extends her order blocking National Guard deployment to the Chicago area. A look at Illinois Gov. J.B. Pritzker's (D) continued comparisons of ICE operations to Nazi Germany. Why are progressives against drug boat enforcement? President Trump announces substantial new sanctions on Russia's two largest oil companies. Final Thought: Bill helps a Concierge Member who is in desperate need. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The President's Daily Brief: A potentially major blow to Moscow. China's biggest oil companies have quietly halted purchases of Russian crude after the U.S. sanctioned two of the Kremlin's largest energy giants. It's a move that could hit Putin right where it hurts most. Later in the show—tensions between Washington and Jerusalem. Prime Minister Netanyahu is putting West Bank annexation plans on hold after Vice President JD Vance publicly rebuked the move. Plus—Ukraine gets an economic lifeline. The European Union has agreed to bankroll Kyiv for the next two years and is now weighing whether to tap into Russia's frozen assets to help pay for it. And in today's Back of the Brief—Israel hits Hezbollah hard. Air Force jets carried out strikes on a training camp and missile production site in Lebanon's Bekaa region, as cross-border clashes intensify. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting https://PDBPremium.com.Please remember to subscribe if you enjoyed this episode of The President's Daily Brief.YouTube: youtube.com/@presidentsdailybrief TriTails Premium Beef: Build the kind of tradition your family will remember. Visit https://trybeef.com/pdbRidge Wallet: Upgrade your wallet today! Get 10% Off @Ridge with code PDB at https://www.Ridge.com/PDB #Ridgepod Learn more about your ad choices. Visit megaphone.fm/adchoices
The United States has imposed new sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure Moscow into peace negotiations. President Trump says his conversations on Ukraine with President Putin have got nowhere, but he hopes the measures will be short-lived and lead to a breakthrough. Also: The US says it destroyed a boat smuggling drugs off the Colombian coast. The UN's top court has found that Israel has a legal obligation to ensure humanitarian supplies reach the population of Gaza. The Louvre museum in Paris has re-opened, three days after the French crown jewels were stolen. Why fake football agents are a danger for young athletes in Senegal. An exhibition in LA turns the Confederate statues that launched US protests into art. Two jailed journalists win the coveted Sakharov Freedom of Thought Prize for speaking out against injustice... and we look at why Hollywood A-listers can't resist getting involved in UK football teams.The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk
It_s Trump_s War Now - President Flip-Flops _Again__ Sanctions Russian Oil by Ron Paul Liberty Report
While Donald Trump pushes for Russia to make a deal to end its war with Ukraine, the U.S. imposes major sanctions on two major Russian oil producers. But why the delay in making such a move? Plus, President Trump says a proposed meeting with Vladimir Putin is cancelled, citing the Russian President's unwillingness to come to an agreement. Learn more about your ad choices. Visit megaphone.fm/adchoices
From the BBC World Service: In an effort to pressure Moscow to negotiate a peace deal in Ukraine, the United States has announced new sanctions on Russian oil. The sanctions effectively blacklist two of Russia's major oil export companies, and that has big implications for both India and China, which rely heavily on Russian oil imports. And then recent talks to make the shipping industry greener have stalled. So what's the industry doing to cut emissions?
From the BBC World Service: In an effort to pressure Moscow to negotiate a peace deal in Ukraine, the United States has announced new sanctions on Russian oil. The sanctions effectively blacklist two of Russia's major oil export companies, and that has big implications for both India and China, which rely heavily on Russian oil imports. And then recent talks to make the shipping industry greener have stalled. So what's the industry doing to cut emissions?
The Trump administration announced sanctions on Russia's two largest oil companies, Rosneft and Lukoi, citing Russia's “lack of serious commitment” to ending the war in Ukraine. Hosted on Acast. See acast.com/privacy for more information.
HEADLINE: Russian Oil and Gas Revenue Squeezed as Prices Drop, Turkey Shifts to US LNG, and China Delays Pipeline GUEST NAME: Michael Bernstam SUMMARY: John Batchelor speaks with Michael Bernstam about Russia facing severe budget pressure due to declining oil prices projected to reach $40 per barrel for Russian oil and global oil surplus. Turkey, a major buyer, is abandoning Russian natural gas after signing a 20-year LNG contract with the US. Russia refuses Indian rupee payments, demanding Chinese renminbi, which India lacks. China has stalled the major Power of Siberia 2 gas pipeline project indefinitely. Russia utilizes stablecoin and Bitcoin via Central Asian banks to circumvent payment sanctions. 1910 BAKU