Ukrainians are claiming that leaving Severodonetsk was a deliberate trap for the Russians. I am not really buying it -- but we will wait & see.
Twitter thread with four posts
Twitter thread with four posts
I understand that Russia is an OPEC+ member rather than a core OPEC member but nevertheless I thought the whole idea was that the OPEC+ members would still participate in OPEC production and resulting price fixing efforts.
So I don't exactly get this bit about Russia being an OPEC+ producer but then offering massive and very large volume discounts to India and China. It could be that I just need more understanding of how it works, or it could be the opposite- I do understand and OPEC does not like it either. Not sure yet. But Russia needs to be careful about playing snakey games. If OPEC or OPEC PLUS falls apart and has more members go off the reservation and offering discounts it could drive the price of oil down, and that would hurt Russia YUGE. Even if it is just longterm. In case Russia is planning on being around for a while.
Probably the problem is simply related to the fact that OPEC has not addressed the discount oil issue in its agreements because they thought they could control price just by getting countries to abide by production agreements- because no country would want to sell below a higher price based on spot or what other opec members are getting. But along comes this sanctions scenario. Russia is selling a pile of oil at discount prices with long term contracts- in both India and China. Oil that OPEC members would otherwise be participating in at OPEC prices. They going to get kicked out of the club at some point.
Oh he knows that Ukraine won't forget. He is counting on Putin eeking out some kind of "win".I can see the way he dances and postures around the border for months without going in, which confirms that whether out of fear or smarts he has developed a set of reasons to stay out. Putin is leaning on him hard though.
Lukashenko simply takes advantage of the fact that Ukraine does not have a military large enough to go on the offensive. He avoids going into Ukraine but openly allows his country to be used as a staging ground for Russian troops to attack Ukraine. If they did that to a country that had a larger military or to Nato, they would pay a price for that.
I agree. Both Putin and Lukashenko are counting on the West's "fatigue". They have somewhat of a foundation for that, since Western countries have a long tradition of betraying the people they used to support. I think this time it's different. A dog that bites someone once can be tolerated. Rabid dogs have to be put down.Putin will eek out some kind of turf win.
But where both Putin and Luvashenko are out of touch is in their assumption that sanctions will be lifted as a condition of ending the war. Might be some areas where there is an agreement but basically they are relegated to economic Siberia for a long time to come. Even if one accepts the fact that the west has a short attention span, they are not going away as part of a war end deal.
I have read Lukashenko complaining about the sanctions and saying that is one reason why we want to end the war, as if to say that there is an assumption that sanctions would be lifted. Nope. And in regard to Vlad, he talks that way every day, including today. He keeps proposing that if the west lifts sanctions he will allow ukrainian grain to ship. WTF. I think Lukashenko things that Putin is going to eek out a win that will tidy all that up and put the genie back in the bottle in regard to sanctions. Nope. He will just get to hear Putin reminding him how great it is to have the donbass back or something. Not sure that floats Lukashenko's boat.