James Sullivan of the investment bank says a sixth round of EU sanctions on Russia in the next couple of weeks would cause prices to surge.
A ‘complete shutdown’ of Russian oil could drive prices up to $185, says JPMorgan
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Soldiers raided a house and arrested the whole family including a 10 year old boy. The soldiers were hunting for a 20 year old anti regime university student. But, since they could not find him, they have arrested the entire family of 7, including a 10 year old boy. No, it is not in Ukraine. It is in Burma (Myanmar). The uni student’s name is Nyan Win Htet. In other news, on April 30, the Karenni Nationalities Defence Force (KNDF) had raided a police outpost in Kayah (Kareni State), around 12.30pm, and captured 8 police officers without firing a shot. After capturing the two patrolling policemen, they had to wake up the rest, to arrest them, as they were all fast asleep. They had surrendered without any resistance. The prisoners were treated well in accordance with the Geneva Convention. In another news, Russia’s biggest truck manufacturer Kamaz is planning to produce military trucks in Burma, to support the military regime’s oppressions to the people. On April 27, a delegation headed by Rustam Minnikhanov, President of Russia’s Republic of Tatarstan, and including Sergey Kogogin—the general director for Kamaz, met with the junta leader and discussed to finalise the plan (Myanmar Now –May 3 2022). As Russian rockets and military trucks are attacking in Ukraine and killing innocent people, so do the Russians armoured vehicles and trucks are used to kill innocent people in Burma. People of Burma fully support the Ukrainian people. May the hero President Zelenskyy and the heroic people of Ukraine defeat the Russian invaders to gain their freedom and democracy! Slava Ukraine!!!
@Based Libertarian [Z] Z for Zelenskyy huh comrade thanks for representing!
@Astral no, Z for Russian Grad missile system that will turn you into mince meat
@Astral B for bombing the shit out of the Azovstal power plant.
why so afraid russia cutting oil supply then find other alternative in energy or explore oil to other countries with unexplored oil deposits. america said they have suffecient oil reserve then use it. one thing they are afraid of oil energy source stop is that universal economy will collapse and businesses go in recession. why do people cant live without oil? oil dependence ang use cause climate change then why not go back on olden days riding in horses.
Russia should sell their oil to china and india so then they can sell the oil to the west. Easy loophole.
🇺🇸🇺🇸🇺🇸😊😊😊😊😊😊😘😘😘
Europe has shot itself on the 🦶🦶
SO WHAT! As an OAP I personally am prepared to give up WHATEVER IT TAKES to help Ukraine and stop this attack by Putin and his cronies on a sovereign nation! This is no different than Poland in 1939 and Hitler’s aims for the rest of Europe and its future! Kindest Regards to all from the UK.
Where were you when Zelensky were killing fellow ukranians in donbas 🙃
@Mardon Emilia May I humbly suggest that you look up Wikipedia and read about the history of the Donbas and the entire region from 1914 to the present day? Then you and I can discuss your question with both of us knowing the facts as they prove to be! However, I think most will agree that Russia is wrong to invade a sovereign nation Ukraine”Killing every Ukrainian they see. committing war crimes against civilians 8000+, carpet- bombing the country etc! This is the situation we are in today according to the United Nations. No doubt you will disagee? Kindest Regards from the UK.
@BazZar 42 why would i use wikipedia as my source? are you in elementary or what?😂 just look for documentary about azov in youtube they covered alot about it when they massacred their own fellow ukrainians. Last time i remember ukraine was even the most corrupt country in europe.
It’s worth it.. do it
If Europe do not want to buy the gas and oil from Russia, the China, Inde and other countries will buy the gas. Russia can not lack the clients for the oil and gas. The sanctions will only cause the prices of oil and gas to increase in Europe.
I would turn off the tops now😂🤣
Agree,
Sadly the war is all about the huge Yuzivska shale gas deposit in the Donbas (1.09 – 4 trillion metric metres of shale gas) – the second-largest shale gas deposit in Europe. The EU was interested in buying gas from Ukraine in order to diversify its suppliers and cut dependence on Russian gas. Ukraine has extensive gas storage facilities and pipelines, close to the EU, and such an arrangement would make a large dent in Gazprom’s (Putin’s) profits. Similarly, Crimea has large offshore gas deposits that Putin wanted. This war is all about Putin’s Gazprom profits. That’s why they are pulling back to defend Donbas. That’s why Russia was funding the “separatists.”
The strategy of Putin as you have described it shows a master strategist- Occupy Russian side of Ukrain , leave West regions to Poland and Hungary after Russia is finished ( Both countries are preparing to take back their historical territories) . Let the Vassal state of the EU obey Washington and impose sanctions on Russia which will cripple EU economies creating social unrest and destroying their industries making Europe uncompetitive in the world economy, create division in EU between nations, In the meantime, Ruble will develop to become worlds Commodity based currency, create lucrative alliances with China, India, Southeast Asia- Logically this new geo- capitalist formation was what Europe should have eventually joined but US will destroy Europe for its own ends..
Putin has like A character from the Godfather, propelled Russia into wider world superpower dominance while weakening his EU/NATO enemies to the west. Masterful.
The donbass and much of eastern Ukraine is Russian speaking and of Russian ethnicity.
The post 2014 coup regime decided to oppress those russians and here we are.
Shouldn’t have burned those separatists in Odessa in 2014.. remember what the Ukrainian army did there
If you are pro war, you are (imho) mentally sick.
Thanks Obama….I mean, Biden. More inflation.🙄
yes,, west West should stop buying Russ oil,,, so Asia can buy now more
At a discount.
Please only interview men who profit from higher crude prices. Seriously, who believes taking Russian oil out of mix makes this much difference?
under production means higher prices stay long oil stocks plain simple
Yay 15 percent inflation
So we take some of the MONEY SAMCTIONED FROM RUSSIA TO OFF SET THOSE INCREASES..RUSSIA IS THE CAUSE AND SHOULD BE HELD ACCOUNTABLE..
WE CAN NOT USE INCREASE COSTS OF GAS AND OIL AS SOME PRICE TAG OVER HUMAN LIFE!!!!!
LIFE WINS EVERY TIME..
USE THE SANCTION MONEY TO OFF SET THE COST TO EASE THAT..BETTER YET STOP THE GAS FLOW IN UKRAINE..FIGURE OUT A WAY TO GET HAS /OIL OUTTA UKRAINE VERSES RUSSIA..SHUT RUSSIA DOWN FROM THE WORLD WE HAVE NO ROOM FOR THIS TYPE OF BEHAVIOR FROM ANY COUNTRY!!!
If West doesn’t buy Russian energy and Asia does, Europe’s industry and economy will spiral down while Asia will rise into the global dominant power
Death to Ukraines or oil prices high I can’t even believe this nasty news
Now on the global pandemic where energy,medical, and food supplies are most importants for survive of the country, i think it not affect to russia coz they have that all resources for their people
So are you saying the big oil lobbyists are now try to persuade EU do more sanction on Russian oil, so that they can stock up the oil some where not selling it? One of the German gas company already admit, in order to earn back what they were lost during the Russian Ukraine conflict, they store the gas wait until the price go up.
Those who cannot afford the expensive fuel, downgrade to a smaller car! In fact all should downgrade to smaller fuel efficient cars. Its no inconvenience compared to the Ukrainians living underground for months and months now.
@Sunu Triwidodo In those countries their own people are revolting against their own bad Dictator leaders. They are completely different case to Ukraine. I was going to ask where were their leaders but it was their leaders who wanted them dead.
Ah yes..
I don’t remember anyone sacrificing anything for Syria, Libya, Iraq, Yemen… why should we do it now? Oh wait you only care because it’s “Europe”. Also cars aren’t the issue it’s heavy industries since they do require a tremendous amount of energy.
Axe and Chainsaw sales in Europe should soar. Small Garden Tools, Food Preservation Technology. Animal Husbandry Supplies, Wood Stoves and Furnaces, Horses, Saddles and Buggy Whips… They are hell bent on going Medieval. They are going to need huge herds of milking Goats and a passel of Donkies to pull Plows.
So Russia will sell less oil now but for more money.. profit anyway 😁
like the story of pied piper of Hamlin, Europeans are following the Piper, as the rats did, in to the sea……
Why we need to go back to being energy Independent like we we’re a couple years ago
Period
Oh look a Wallstreet noob
👏🏻 the boomerang effect of the sanction against Russia is a brilliant move by the Only Rogue Nation of planet Earth (the USA) for self-annihilation 👍
I’d rather pay way more for gas than give money to Putin’s Russia.
Obama’s sanctions against Russia over annexing Crimea still haven’t worked and they never will. Russia’s going to find a market for its oil and gas. Plus restricting supply and increasing demand will make the price go up so Putin may be able to make the same money he did in past even when he discounts the commodity. And Europe will be left scrambling to cobble together enough supply to meet its needs. Plus, they expect consumers to be perfectly fine with food shortages and price hikes just because Zelensky stupidly triggered an invasion by trying to join NATO instead of keeping his country neutral.
Modern Russia in Europe seeks to break the European civilizational standard, within which it is uncompetitive, and impose its archaic barbaric standard of behavior, the spirit of “natural law”, that is, the right of bare power, which, as it seems to it, gives it a competitive advantage in the fight against pampered Europe . It is ready to rock any boat, corrupt any institutions, get into any conflict on any side and even from all sides at once, just to shake the foundations of the civilized world and create a “wild field” environment around, in which the Kremlin feels like a fish in water. Opposition to chaos will be the main line of the European front for the near future.
IF AMERICANS HAVE TO ELECT DEMOCRAT PARTY GET OBAMA NOT SHITTY PEOPLE LIKE BIDEN AND KAMALA HARRIS
India must not interested in this price war just purchase crude oil from Russia…
India wants to buy Russia oil at a discount of 30 dollars a barrel.
@Stu Sanderson that’s good
The talk was changing oil sale from Europe to Asia ,Russia would generate the same income. But if India wants a large discount that premise is false.
The people least affected by higher oil prices are the rich, the famous, legacy media and government officials. They are telling you on Twitter, YouTube and cable TV that not being able to put food on the table for you and your family is okay if it means standing up to Russia. All the same, if this conflict escalates into a world war, it won’t be them or their kin who will get drafted to the frontlines.
What a brilliant move. Europe dead before Russia. xD
Well that would be awesome. Very soon we have to spend $3.6 per litre here in Canada. It’s $1.89 right now and it would almost double. WTF is going on?
World be eating crackers and rocks