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Items tagged with: Russia
He noted that the price of Russian #oil had been rising since the #war in #Iran started, & that it was likely that the #sanctions relief could be extended indefinitely.
“I do worry that this is effectively the destruction of the oil sanctions on #Russia,” said Mr. Fishman….
#TrumpsWar #US #ForeverWars #Trump #Ukraine #law #Congress #WarPowers #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #energy #EnergyCrisis
About 130 million barrels of Russian #oil is currently at sea….
The move by the #Trump admin could further divide the #US & #Europe, which has been skeptical of Trump’s attack on #Iran & has expressed a desire to continue to exert economic pressure on #Russia.
Fishman said he did not think that easing the Russia oil #sanctions would lower prices, noting that the move last week to let Russian oil be delivered to India did not have any impact.
The lifting of #oil #sanctions represents a sharp reversal from last summer, when the admin doubled #tariffs on #India as punishment for its purchases of oil from #Russia.
“In one fell swoop we’ve undone a huge amount of pressure on Russia,” said Edward Fishman, a senior fellow & director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations.
#TrumpsWar #US #Iran #war #Ukraine #Trump #law #Congress #WarPowers #geopolitics #inflation #economy #energy
…Top #Senate #Democrats assailed the #Trump admin for easing #sanctions on #Russia, saying that it was done to mitigate a #war of Trump’s own making.
“This war has resulted in huge spikes in gas prices for Americans, who are now paying more at the pump than at any point in either of President Trump’s two terms,” they wrote in a joint statement.
#TrumpsWar #US #Iran #law #Congress #WarPowers #geopolitics #Ukraine #inflation #economy #affordability #CostOfLiving #oil
banking.senate.gov/newsroom/mi…
Senate Democratic Leaders Release Joint Statement on Trump Administration's Weakening of Sanctions on Russian Oil in Attempt to Dampen Economic Impacts of Trump's Iran War | United States Committee on Banking, Housing, and Urban Affairs
The Official website of The United States Committee on Banking, Housing, and Urban Affairswww.banking.senate.gov
#Russia has faced punishing #sanctions from the #US & the rest of the #G7 advanced economies since Moscow’s invasion of #Ukraine in 2022. Those sanctions have included a price cap on Russian #oil & a crackdown on Russia’s “shadow fleet” of unmarked vessels…used to evade sanctions.
As #TrumpsWar with #Iran has unfolded, his admin has looked for ways to mitigate the economic pain. His admin temporarily freed Russian oil last week that was sitting at sea to be delivered to India.
The exemptions, which were issued by the #Treasury Dept, will be in place until April 11. Treasury Secy Scott Bessent estimated that freeing Russian #oil could add hundreds of millions of barrels of crude to global markets [& enrich #Russia], curbing prices that have been hovering near $100 per barrel as a result of the #Iran #war.
The decision was a significant turning point in America’s effort to punish Russia for its war in #Ukraine.
The other option? Don’t attack #Iran. Idiots.
#Trump Removes #Sanctions on #Russia to Help #Oil Flow Amid Iran #War
The #US on Thursday temporarily lifted sanctions on Russian oil that is currently at sea, allowing it to be shipped to buyers around the world as the Trump admin scrambles to contain #energy #prices that have been soaring because of the war in Iran.
#TrumpsWar #law #WarPowers #geopolitics #Ukraine #inflation #economy #affordability #CostOfLiving
nytimes.com/2026/03/12/us/poli…
His whole personal agenda has been to get these sanctions against Russia removed. He finally created the opportunity.
NATO leaders call on Republican President Donald to reverse Russian oil sanctions suspension | Euronews
euronews.com/my-europe/2026/03…
#Trussia #Trump #Russia #NATO #oil #press #news
NATO leaders call on Trump to reverse Russian oil sanctions suspension
The leaders of Canada, Germany and Norway are urging Trump to rethink his suspendion of Russian oil sanctions. In comments to Euronews, German Defence Minister Boris Pistorius said he is "concerned" at the potential impact on Ukraine.Shona Murray (Euronews)
Some freaks likely waiting to do this here.
Russia Shuts Off Internet in Moscow as It Tests Nationwide Censorship System - WSJ
wsj.com/world/russia/russia-sh…
#Trussia #Trump #Russia #censorship #propaganda #journalism #news #press #internet
"Kushner holds no official diplomatic title that would normally authorize such talks but titles are beside the point in the Trump era. What matters is proximity to power, and Kushner has that in abundance.
What he also has is a private equity firm called Affinity Partners, which is funded by billions of dollars in foreign governments."
#Trump #Putin #JaredKushner #SteveWitkoff #JoshGruenbaum #AffinityPartners #Iran #Russia #war
/12
"The meeting also included Trump envoy Steve Witkoff, another billionaire with vested personal financial interests, whose son runs the Trump family’s shady and opaque crypto fund, World Liberty Financial. The third notable figure at the meeting was Trump administration official Josh Gruenbaum.
The Florida meeting was ostensibly a discussion about ending the war in Ukraine."
#Trump #Putin #JaredKushner #SteveWitkoff #JoshGruenbaum #AffinityPartners #Iran #Russia #war
/11
"Kushner recently met in Florida with Kirill Dmitriev, the head of Russia’s sovereign wealth fund and a longtime financial emissary for Vladimir Putin. Dmitriev is not simply a diplomat; he is effectively Putin’s bag man."
~ Julie Roginsky
#Trump #Putin #JaredKushner #SteveWitkoff #JoshGruenbaum #AffinityPartners #Iran #Russia #war
/10
saltypolitics.substack.com/p/h…
How Jared Is Selling Us Out to the Richest Autocrat
Why is Congress not investigating Kushner's massive conflicts of interest?Julie Roginsky (Salty Politics with Julie Roginsky)
Robert Reich asks who’s getting the most out of Trump’s war. His list (it doesn't include the American people, by the way):
Pete Hegseth’s “Department of War”
Top military contractors
Larry Ellison’s Oracle
Elon Musk’s SpaceX
Peter Thiel’s Palantir Technologies
Big Oil
Jared Kushner
Vladimir Putin
#Trump #Putin #Hegseth #JaredKushner #ElonMusk #LarryEllison #PeterThiel #Iran #Israel #Russia #war #oil #gas
/9
robertreich.substack.com/p/sun…
Sunday thought: Who’s Winning from Trump’s War? Follow the Money
Trump, his biggest backers, and Vladimir PutinRobert Reich
"Some of the winners are obvious: Russia and oil producers everywhere except in the Persian Gulf. The losers may come as a surprise: American consumers are being hit hard even though the US produces more oil and natural gas than it consumes, while China, despite its dependence on imported hydrocarbons, is relatively insulated from this shock."
~ Paul Krugman
#Trump #Netanyahu #Bibi #Putin #Iran #Israel #Russia #war
/8
paulkrugman.substack.com/p/cos…
Costs and Benefits from the New Energy Crisis
There are many losers, but also some winnersPaul Krugman
Orban’s election campaign turns to Russia for help in final stretch
The Hungarian president has frequently sought to obstruct the European Union’s efforts to support Ukraine and punish Moscow for its invasion.Thomas Escritt (The Japan Times)
"'On Thursday, futures for Brent crude oil closed at just above $100 a barrel for the first time since 2022. The move will provide a huge financial boost to Russia, which experts say has already been receiving about $150 million per day from increased oil sales since the US attacked Iran two weeks ago. The lifting of the sanctions positions Putin as one of the biggest beneficiaries Trump’s war on Iran.'”
"WaPo: 'The Trump admin temporarily lifted sanctions on Russian oil shipments in an effort to calm markets and stem the economic fallout from its war on Iran, which has sent crude prices spiraling upward. This allows Russia to begin selling some 128 million barrels of oil that are estimated to have already been loaded onto tankers previously facing restrictions from the US.'”
~ Ron Filipkowski
#Trump #Iran #war #Putin #Russia #oil #gas
/11
meidasplus.com/p/today-in-poli…
Today in Politics, Bulletin 327. 3/13/26
… CNN: “The Pentagon and NSC significantly underestimated Iran’s willingness to close the Strait of Hormuz in response to US military strikes while planning the ongoing operation, according to multiple sources familiar with the matter.Ron Filipkowski (Meidas+)
Russia blacklists UC Berkeley, leaving Russian internationals criminalized and confused
Russian American professors and an expert in Russian foreign policy interviewed by The Daily Californian have said this legal vagueness is designed to license arbitrary persecution of Russian dissidents.Daily Cal | Berkeley news
"Trump’s gift to Vladimir Putin to get his own ass out of the sling is both a huge concession to Russia and an unmistakeable admission that the economic reverberations from the elective war in Iran are having acute downstream political effects on Trump and Republicans in an election year."
~ David Kurtz
#Trump #Putin #Iran #war #oil #gas #Russia
/25
morningmemo.talkingpointsmemo.…
Trump Bails Out Russia to Save His Own Hide
INSIDE: JD Vance ... John Brennan ... Nathan CavanaughDavid Kurtz (Morning Memo)
"Oil prices have surged, and one of the biggest beneficiaries so far has been Russia. According to reporting from the Financial Times, Moscow could be earning up to $150 million per day in additional revenue due to the global energy shock triggered by the conflict. Analysts estimate Russia has already gained between $1.3 billion and $1.9 billion in additional oil revenue as demand for its crude rises."
~ Ben Meiselas
#Trump #Putin #Iran #war #oil #gas #Russia
/21
meidasplus.com/p/friday-aftern…
Friday Afternoon Updates: Reality Gets in the Way of Trump's Lies — 3/13/26
It’s Friday, we’ve made it to the end of the week.Ben Meiselas (Meidas+)
Greg Olear notes that David Ignatius says Trump has now taken us over the waterfall:
"I think up until this point, all of the stuff that Trump has done, while horrifying and awful, is also reversible, with the right leadership in place, over time. This is not."
#Trump #Hegseth #Iran #war #Russia #Putin
/9
gregolear.substack.com/p/rambl…
Ramble On: Over the Waterfall
Morning thoughts on the Iran war, the Iraq war, and the end of American empire.Greg Olear (PREVAIL by Greg Olear)
Russia's drone machine grew while the West watched
During the war in Ukraine, there is a sound that cannot be mistaken for anything else. It is the monotonous buzzing of the engine of an Iranian Shahed attack drone — the same one Russia has been using en masse since the fall of 2022 to strike Ukraini…Karina Buhaichenko (The Kyiv Independent)
At a meeting of the 15-member U.N. SC which is chaired this month by the U.S., Russia and China moved unsuccessfully to block a discussion about a committee established to oversee and enforce U.N. sanctions on Iran. They were overruled 11-2 with two abstentions.
reuters.com/world/china/us-all…
#Ukraine #Russia #US #Iran #China #UN
"Did he threaten an investigation? Did he ask how much responsibility Russia is ready to bear? Did he tell Putin there would be future consequences? Did Trump, you know, stand up to the man who’s helping kill his own people?
Another commander-in-chief would have. With Trump, however, there’s a sense he’s not responsible. When troops die, he seems unmoved by their sacrifice."
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/25
"Around a quarter of the world’s oil passes through the strait. Iran’s new leader vowed to keep it shut. Oil prices are soaring.
With prices soaring, the Russians have taken in $7 billion in oil revenues in the last week and stand to take in more. …
When Trump talked to Putin on Monday, did he ask if intelligence or drones given by Russia to Iran led directly to any of those seven deaths [of US soldiers]?"
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/24
"In addition to helping the Iranians kill American military personnel (seven have died and 140 have been injured since the start of the war, per the AP), the Russians are helping the Iranians choke off the global supply of oil at the Persian Gulf’s Strait of Hormuz.
The Iranians attacked three tankers Wednesday. They attacked three more today. They attacked a port in Oman. They forced ports in Iraq to close."
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/23
"The Russians are now helping the Iranians in their war for survival against the United States, first by providing 'targeting information,' according to the Post, and second by providing 'specific advice on drone tactics,' according to CNN."
~ John Stoehr
#Trump #Putin #Iran #Russia #war #oil #gas #StraitofHormuz
/22
editorialboard.com/while-putin…
While Putin helps Iran kill Americans, Trump shrugs
The material outcome of their chumminess is no longer theoretical.John Stoehr (Editorial Board)
The United States asked Ukraine for help to fend off Iranian drone attacks in the Middle East, Ukrainian President Volodymyr Zelensky said Thursday, adding that he had ordered expert support to be given. FRANCE 24's Mark Owen speaks with Peter Zalmayev, Director of the Eurasia Democracy Initiative.
#Iran #Ukraine #war #drones #MiddleEast #UnitedStates #Russia
youtube.com/watch?v=SMxUv-Bu1q…
US and Middle East countries seek Ukraine's support in drone protection • FRANCE 24 English
The United States asked Ukraine for help to fend off Iranian drone attacks in the Middle East, Ukrainian President Volodymyr Zelensky said Thursday, adding t...YouTube