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Hello, everyone. Peter Zeihan here coming to you from Colorado.
Today we’re gonna talk about the fact that energy markets are just at the very beginning of digesting just what the scale of the problem with the Ukraine war is.
Now, one of the things that we have seen is there have been a lot of people around the world for various reasons, coming from multiple backgrounds, talking about how, if the Europeans and the Americans just choose to not use Russian energy, that there is a figurative boatload of other people who are willing to do so.
In specific, the Indians and the Chinese have been fairly aggressive about going out and booking ships to pick up crude from various Russian ports, specifically Novorossiysk on the Black Sea, and then shuttling them to another location where they can be loaded onto larger super tankers to make the trip to India and China.
And that is true. That is happening. The scale is debatable, but it’s certainly occurring.
And the United States and the European Union are, let’s just say less than enthused about it.
But today, April 4th, a new wrinkle has entered in. The Russians have begun a large scale artillery, excuse me, not artillery, missile and airstrike assault on the city of Odessa.
Now Odessa is important for a number of reasons. It’s the last major port. It is the major port. It is the commercial capital. It is on the way to Moldova and Romania. A lot of things- we’re gonna put some links at the bottom of this newsletter to give you an idea of just how important Odessa is.
But the bottom line is it’s a port, and the Russians are specifically targeting refining port and tank infrastructure, which will, how can I put this delicately, lay bare the idiocy of any plans to export oil from the Black Sea to anywhere else on the planet writ large.
Because now we have the Russians specifically, explicitly going after port infrastructure and specifically energy assets.
So if your corporate plan or your national plan is to rely on the United States and NATO to make the seaways safe so that you can import Russian energy from a war zone where the Russians are bombing energy infrastructure, you should probably get a new gut job, you’re not very good at your current one. Anyway, that’s it for me until next time. Okay.
Previous pieces mentioned in the video:
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Is the US looking for a war?
With conflicts, skirmishes and tensions simmering around the globe, and with the United States playing supporting roles in several of them, the question of whether the country getting involved directly is legitimate. The war in Ukraine, for example, has forced several European countries to reintroduce mandatory military service to confront the growing threat from Moscow.…
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How future generations could shift US support for Israel
Israeli Prime Minister Benjamin Netanyahu addressed a joint meeting of Congress on July 24, calling for increased bipartisan support for Israel amid its 10-month war with Hamas. He praised President Biden’s “half century of friendship to Israel” and referred to Hamas as “sheer evil.” In the video above, Straight Arrow News contributor Peter Zeihan analyzes…
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Why election of European Commission president is so important
Ursula von der Leyen has been reelected to another five-year term as president of the European Commission after a vote by EU lawmakers. Von der Leyen will now preside over a coalition that shifted to the right after recent European elections, where ultra-conservative parties won a record number of seats. In July, von der Leyen…
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Protests in Bangladesh signal more trouble ahead
Public protests in Bangladesh against government hiring practices — and against the government’s military response to those protests — have left at least 174 dead and 2,500 jailed. Bangladesh’s people face an acute jobs and unemployment crisis, so public disagreements over hiring practices carry significant weight. The regime recently enforced a nationwide internet blackout as…
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In US election, early polling doesn’t tell us anything yet
From President Joe Biden’s declining health to the attempted assassination of Donald Trump, there’s been a series of major political developments in the United States that might impact the results of the November election. These developments have led to renewed confusion, concern and debate regarding which candidate might win, and in the Democrats’ case, which…
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In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum. We hope these different voices will help you reach your own conclusions.
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We know it is important to hear from a diverse range of observers on the complex topics we face and believe our commentary partners will help you reach your own conclusions.
The commentaries published in this section are solely those of the contributors and do not reflect the views of Straight Arrow News.
Peter Zeihan
Geopolitical StrategistHow future generations could shift US support for Israel
Why election of European Commission president is so important
Protests in Bangladesh signal more trouble ahead
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