“Based on the available information, Russia is fulfilling its long-term contracts with European counterparts – but its exports to Europe are down from their 2019 level. The IEA believes that Russia could do more to increase gas availability to Europe and ensure storage is filled to adequate levels in preparation for the coming winter heating season. This is also an opportunity for Russia to underscore its credentials as a reliable supplier to the European market.”
lollllllllllllll priceless! "It becomes cuter still if you recall how Boris Johnson went to Riyadh in March, quite urgently, and it was not to discuss the weather." and this one even better : "to keep its notoriously short-fused citizens from revolting yet again" ROFLLLL
The script is quite predictable; the monetization of commodities-energy, oil. And Putin can, will, use this to not only survive but flourish in spite of so called “severe sanctions “ against Russia. Europe has demonstrated its lack of resolve and not taken responsibility for the ineptitude. We are not too gate from Europe as the Biden Administration stumbles into a renewable U.S. at the expense of the American people and its economy.
Great analysis, thank you! It is interesting to note that right after Ursula said the EU needs to keep buying Russian oil, the 6th sanctions were adopted and the EU stops buying oil after all (and damn the consequences). Maybe some more calls for OPEC to behave "responsibly" and secondary sanctions? Summer looks exciting.
Great read, thank you again!
Great piece of work today Irina. Thank you for your candid insight.
lollllllllllllll priceless! "It becomes cuter still if you recall how Boris Johnson went to Riyadh in March, quite urgently, and it was not to discuss the weather." and this one even better : "to keep its notoriously short-fused citizens from revolting yet again" ROFLLLL
I like the artwork. Very nice.
The script is quite predictable; the monetization of commodities-energy, oil. And Putin can, will, use this to not only survive but flourish in spite of so called “severe sanctions “ against Russia. Europe has demonstrated its lack of resolve and not taken responsibility for the ineptitude. We are not too gate from Europe as the Biden Administration stumbles into a renewable U.S. at the expense of the American people and its economy.
This is so good. Devastating critique of bozos at IEA and elsewhere.
Great analysis, thank you! It is interesting to note that right after Ursula said the EU needs to keep buying Russian oil, the 6th sanctions were adopted and the EU stops buying oil after all (and damn the consequences). Maybe some more calls for OPEC to behave "responsibly" and secondary sanctions? Summer looks exciting.