Tag: gas

Algerian president decided not to renew its partnership treaty with Spain

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The hapless Brussels-led European Union is facing yet another major foreign policy backfiring catastrophe. Algeria, which is a major exporter of fossil fuels to Europe like Russia, is turning against the European Union. The government in Algeria, supported by President Tebboune, has decided not to renew a key partnership treaty with the pro-Washington Spanish regime. The major North African trading partner has frozen trade relations with Europe. It gets worse: the North African country could cut natural gas supplies to Spain, a move that could send already rising gas prices and inflation even higher for Europeans reeling from sticker shock.

Brussels doesn’t deny its oil embargo will cost EU taxpayers €400 billion as Russia sells to China and India

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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.

As the bloc faces a catastrophic crisis, are EU leaders using potential membership to rein in Ukraine’s Zelensky?

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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 makes a mockery of sanctions after earning record revenues from oil and gas sales

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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.

Proof the EU Asylum is run by the Idiots

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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.

Berlusconi: Russia is isolated from the West, the West is isolated from the rest of the world

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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.