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Economic sanctions don’t work, because over 25 years Putin has caused so much damage to the Russian economy that any new economic measures would simply be a continuation of Putin’s own policies. That doesn’t stop the war. The only thing that can stop the war is his defeat on the battlefield.
#War in Ukraine #Ukraine #Russia #Putin

I believe that if the cartel breaks up in the fall or by the end of the year and stops manipulating production, and each country starts producing as much as it can, then prices will drop below 50 dollars per barrel.

Eventually, by the end of the year—or maybe even earlier, in the fall—these countries will make a final decision (I'm already quite sure of it): let’s stop limiting production altogether. Each country will produce as much oil as it wants, as much as it can. About OPEC
#Oil #Economy

Eventually, by the end of the year—or maybe even earlier, in the fall—these countries will make a final decision (I'm already quite sure of it): let’s stop limiting production altogether. Each country will produce as much oil as it wants, as much as it can.
#Oil #Economy

Colleagues from the UAE asked what the average oil price would be this year. I boldly replied that it would be 68 dollars per barrel of Brent.
#Oil #Economy

There is no hope that the negotiations scheduled in Saudi Arabia will lead to talks about a real solution to the military problem—that is, ending the war in the very heart of Europe.
#War in Ukraine #Ukraine #Russia #USA #Saudi Arabia

The Americans can easily control this process of price decline. Yes, prices will decline. I am absolutely confident that oil prices will move downward.
#Oil #Economy of Russia #Economy #Russia

Well, I don’t really believe in that scenario. Because even with the makeup of the Senate and the House of Representatives, I see that there are many supporters of continued financial and military aid to Ukraine, including within the Republican Party. In response to the question: "If it happens that after his inauguration, Trump, with a majority in both the Senate and the House, decides to either stop or significantly reduce financial aid to Ukraine to near zero, what will happen?"
#Trump #War in Ukraine #Ukraine #USA

In my opinion, until the U.S. elections are concluded and the American stance on the Iran-Israel conflict becomes clear, Iran is unlikely to take any action, and it seems that Israel will refrain from doing so as well.
#Iran #Israel

I think Iran will recover after all. I do not expect a major war there.
#Iran

I don't think that Hezbollah will recover from this blow. From the elimination by Israel of Hezbollah leader Hassan Nasrallah and other important figures and targets.
#Hezbollah #Lebanon #Israel

This morning Brent was at 74... If the price keeps dropping, and the overall trend for the year, I think, is downward. It’s hard to predict, but for now, I don’t see any reason for a significant price increase. Talking about oil prices.
#Oil #Economy of Russia #Russia #Economy

I believe that a period of about 7-9 years is a very realistic timeframe in which Russia will lose the ability to be an oil exporter altogether. That is, oil will remain for the domestic market... but the revenue from exports will cease.
#Russia #Oil

They cannot decrease; they will only increase. Fuel prices in Russia in 2023.
#Russia

A hope has emerged; they will not be able to suppress this movement... I believe that it will become increasingly difficult to suppress the current wave. The wave of protests in Iran
#Iran

No one will be dealing with this. Europe will not invest in the construction of a gas hub on Turkish territory.
#Gas #Turkey #Europe

As for oil, I still think they will implement it. Price cap on oil for Russia.
#Oil #Russia #Economy

These four pipeline threads will not be restored by anyone. About the destroyed Nord Streams.
#Gas #Russia #Economy

The northern branch is still operating, through Belarus, Poland, and Germany... it will eventually die out sooner or later by the end of the year. About the northern branch of the Druzhba oil pipeline.
#Russia #Belarus #Germany #Poland #Oil #Economy

I have the impression that Syria will ultimately fall apart. After the withdrawal of Putin's troops.
#Syria #Putin #Russia