Brussels commissioners (unelected) concede that its oil embargo on Russia will cost the Bloc €400 billion. Not factored in the eye-watering loss is the extra cost to taxpayers as India refines Russian il and then sells it on the Bloc. Mainstream media, heavily dependent on government advertising is keeping the dire news under wraps.
Understanding that prolonged fighting will only hurt them, it seems the top EU states want to sway Ukraine to peace. When the leaders of the three leading EU countries, Germany, France, and Italy, took an eleven-hour train ride to Kiev to meet with US-sponsored President Zelensky, this week, the public show was one of solidarity and support. But there could be much more to the visit than meets the eye.
Russia is currently making a mockery of sanctions after earning what is likely record revenues from oil and gas sales. China has overtaken Germany as Russia’s largest consumer of energy since the start of the war in Ukraine, helping fill Russia’s coffers during a critical period, an independent research group at the Finnish Centre for Research on Energy and Clean Air said on Monday.
Britain’s food supply is now vulnerable after one of only two major fertiliser plants in the country shut down due to spiralling energy costs just months after receiving a taxpayer bailout. CF Industries will close its site at Ince, Chester, putting nearly 300 jobs at risk, after the price of natural gas made the plant unprofitable.
India is buying up cheap sanctioned Russian oil, refining it, and then selling it to the US and EU for huge profits, according to a report in the Wall Street Journal. The US has reluctantly given India permission to buy Russian oil because India has threatened to ditch their alliance with America and ally with China if the US dares to sanction them.
Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation and Chairman of the United Russia party, answered a question about the particular harshness of his posts in Telegram.
Former Italian Prime Minister Silvio Berlusconi regrets that some European leaders have shunned his attempts to bring Russia into the ‘camp of the West.’ In his opinion, if this happened, the situation in Europe today would be different. Berlusconi believes that the conflict in Ukraine has shown not only the isolation of Russia from the West, but also of the West itself from the rest of the world.
Can you see what’s going on? The Russians are creating a buffer zone along their western perimeter. Why are they doing that? What benefit do they derive from a buffer zone?
Romania’s largest energy suppliers will increase the price of natural gas by two and a half to three times from July, mostly justifying the rise in price with the war in Ukraine. In fact, the increase is a direct result of the Romanian member of the European Union regime – after accepting Russian gas – refusing to pay for it in rubles. Many EU nations have decided to pay their bills in rubles.
If the energy crisis worsens, 6 million households in the UK will face rolling blackouts, according to Sky News. However, the country’s Ministry of Business, Energy and Industrial Strategy urged the British not to worry, as the government is preparing for any scenario, like they did for Covid.
Michael Walsh Stories and Books 
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