Russian Oil Price Cap To Stay At $60

Credit: Filipp Romanovski/Unspalsh

The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to petrodollars while not disrupting the market, and will remain unchanged for now, says an article published on Yahoo.

Global oil prices from spiking

The bloc’s executive arm told diplomats from the EU’s 27 member states this week that there is no willingness among most Group of Seven countries to lower the threshold...

https://mfame.guru/russian-oil-price-cap-to-stay-at-60/

Russian Oil Price Cap To Stay At $60

Credit: Filipp Romanovski/Unspalsh

The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to petrodollars while not disrupting the market, and will remain unchanged for now, says an article published on Yahoo.

Global oil prices from spiking

The bloc’s executive arm told diplomats from the EU’s 27 member states this week that there is no willingness among most Group of Seven countries to lower the threshold...

https://mfame.guru/russian-oil-price-cap-to-stay-at-60/

Putin Had Discussed Turkish ‘Gas Hub’ Idea With Erdogan: Kremlin

Source: Reuters

Russian President Vladimir Putin discussed the idea of creating a Turkish “gas hub” with Turkish President Tayyip Erdogan during a phone call, reports Reuters.

Gas base in Turkey

Putin first proposed creating a gas base in Turkey in October as a means to redirect supplies from the damaged Nord Stream pipelines and export them on to the European market, an idea that Erdogan has supported.

The Kremlin said the two sides also discussed the agreed extension of the Black Sea grain deal,...

https://mfame.guru/putin-had-discussed-turkish-gas-hub-idea-with-erdogan-kremlin/

Estonian Defense Minister: Baltic Can Become ‘Internal NATO Sea’ With Sweden, Finland in Alliance

U.S. Marines with Battalion Landing Team 2/6, 22nd Marine Expeditionary Unit, prepare to board a landing craft, air cushion in light armored vehicles during BALTOPS 22 in Ventspils, Latvia, June 12, 2022. U.S. Marine Corps Photo

When Turkey dropped its opposition to Sweden and Finland joining the transatlantic alliance this week, it opened up the path to turn the “Baltic [into an] internal NATO sea,” Estonia’s top defense official said Wednesday.

Kalle Laanet, Estonia’s minister of defense, said...

https://news.usni.org/2022/06/30/estonian-defense-minister-baltic-can-become-internal-nato-sea-with-sweden-finland-in-alliance

Lithuanian PM: Putin Underestimated Ukraine’s Willingness To Fight Off Russian Invasion

Russian President Vladimir Putin

A frontline prime minister in the Ukraine crisis said today that Russian President Vladimir Putin underestimated Ukraine’s willingness to fight off a Russian invasion.

Putin also underestimated the Western democracies and their Pacific partners’ united response to the invasion, Lithuanian Prime Minister Ingrida Simonyte said Monday at an online Washington Post forum. Simonyte noted this isn’t the first time Putin has threatened to use nuclear weapons to settle a...

https://news.usni.org/2022/02/28/lithuanian-pm-putin-underestimated-ukraines-willingness-to-fight-off-russian-invasion

Panel: Russia Conflicted by America’s Afghanistan Withdrawal

U.S. Army soldiers board a C-17 Globemaster III aircraft prior to departure for Hamid Karzai International Airport, Afghanistan, in support of Operation Allies Refuge at Ali Al Salem Air Base, Kuwait, on Aug. 13, 2021. US Air Force Photo

Russia’s Afghanistan failures in the 1980s are driving the Kremlin’s thinking of how to deal with the Taliban and the possible rise of religious extremism near its borders, two scholars on Central Asia said Wednesday.

Pavel Baev, a professor at Oslo’s Peace...

https://news.usni.org/2021/09/22/panel-russia-conflicted-by-americas-afghanistan-withdrawal