Miscellaneous News

Fedupwithlies

Junior Member
Registered Member
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Russians saying Ukraine shelled an oil rig again.

I don’t get why they was wasting resources on oil rigs.
The thinking might be "well the Europeans are going soft on Russia because they need to buy Russian energy, so if we destroy Russian energy sources then the Russians lose that leverage they have on the Europeans".

Alternatively, they're hitting them on the behest of NATO to try and reduce the Russian income.

Its not tactically sound but there might be strategic benefits, if the war ends up going long and if they can do enough damage.
 

Overbom

Brigadier
Registered Member
Yawn. G7 making another favour to China. Will now probably get an even bigger discount from Russia. Thanks!
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G7 aims to hurt Russia with price cap on oil exports​

Talks on curbing Moscow’s energy profits will continue on Monday with India and others joining Bavaria summit
G7 leaders meeting for a summit in the Bavarian Alps are seeking a deal to impose a “price cap” on Russian oil as the group works to curb Moscow’s ability to finance its war in Ukraine.
They hope that a cap would limit the benefit to the Kremlin war machine of the soaring price of crude while cushioning the impact of higher energy prices on western economies.
The idea has been strongly promoted by the US and recent comments by German officials suggest Berlin is also coming around to the idea.
Officials said that Mario Draghi, the Italian prime minister, told his fellow G7 leaders that energy price caps were needed because “we must reduce the amount of money going to Russia and get rid of one of the main causes of inflation”.
 

gelgoog

Lieutenant General
Registered Member
I heard Maduro also tried that in Venezuela. He nationalized a supermarket chain. But then he had to fill it with products he did not have.
He also forced companies to sell at list prices set by the government. They did. By providing said government supermarket chain with like a truck of product, while selling the rest in the black market or exporting it on the sly.

The market always wins.

Zoom past to 2022. Germany nationalizes Gazprom gas storage facilities. Then they find that Gazprom won't sell them gas to fill them with. Now they want Gazprom and Rosneft to sell for the prices they want. Can you guess what will happen next? Of course Russia will sell the oil to other countries. And some will enter Europe too. Via the black market, passing as something else. Unlike Maduro, he won't even get a single truck of toilet paper, erm, barrel of oil at that list price. Since, you know, these countries aren't in charge of Russia.
 

FriedButter

Major
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NATO to decide on biggest deployment since Cold War – media​

The military bloc might send entire divisions to its eastern flank to deter Russia, El Pais reports

NATO has also doubled its presence in member states bordering Ukraine since the start of the Russian military operation in late February. Together, Hungary, Romania, Slovakia, and Bulgaria are currently hosting around 40,000 NATO soldiers, according to El Pais. NATO forces in the region also include 130 combat aircraft on maximum alert and 140 warships, the paper added. The US military presence in Europe has grown from 70,000 to 100,000 since February as well.

Keep stretching your finite resources as you saber rattle with China. Trying to turn Russia into a vassal state against China has been the biggest self inflicted wound in decades. Funny how every time the West tried to pivot to Asia they get distracted by something else (Ukraine 2014, Trump 2016, Pandemic 2020, Russia 2022 etc.)
 
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