Posted on 02/24/2024 5:59:01 AM PST by SpeedyInTexas
Imports include more than just energy products, and, in normal market pressure behaviors, fungible parts of trade "find their way" to where they are needed / wanted.
Some sources and quotes:
"The plan proposes a two-phase approach: Banning new gas contracts with Russian suppliers by the end of 2025 and phasing out all remaining imports by 2027. However, with fossil fuel flows still strong and intra-EU divisions widening, experts remain skeptical."Russian LNG imports rising — against the trend"
"The move comes amid a sharp uptick in Russian liquefied natural gas (LNG) imports into the EU. Although overall EU fossil fuel imports from Russia have fallen since the 2022 invasion of Ukraine, imports of Russian LNG and pipeline gas rose by 18% in 2024, according to the European statistics office Eurostat.
"The financial stakes are high: The EU spent €23 billion ($26 billion) on Russian fossil fuels in 2024, directly contributing to the Kremlin's war budget. The new roadmap is set to stop that.
"Pawel Czyzak, researcher at the UK-based energy think tank Ember, sees the EU Commission's latest plan as a push against a slowing political momentum towards Europe's independence from Russian oil and gas, which has been complicated since the beginning." more....
Source: Why the EU's push to cut Russian energy ties is so difficult
Deutsche Welle, 7 May 2025
"Since the beginning of the war, trade between the EU and Russia has drastically contracted due to EU sanctions and import restrictions on some products. Imports from Russia fell by 86% from the first quarter of 2022 through the first quarter of this year, according to the latest data from Eurostat.
"Imports of goods from Russia in the first quarter of 2025 totaled 8.74 billion euros ($10.11 billion), down from 30.58 billion euros four years earlier. Since January 2022, the EU has imported 297 billion euros' worth of Russian goods.
"The EU, however, continues to purchase oil, nickel, natural gas, fertilizer, iron and steel from Russia."
Source: Three years into war, US and Europe keep billions in trade with Russia Reuters, 8 August 2025.
"Russia's total Exports in 2021 were valued at US$492.31 Billion, according to the United Nations COMTRADE database on international trade. Russia's main export partners were: China, the Netherlands and Germany. The top three export commodities were: Mineral fuels, oils, distillation products; Commodities not specified according to kind and Pearls, precious stones, metals, coins. Total Imports were valued at US$293.50 Billion. In 2021, Russia had a trade surplus of US$198.82 Billion."
Source: Russia Exports By Country [ China at 14 percent; look at the surprise coming second at 8.6 percent, and third at 6.1 percent ]
The EU seems to be about 15 percent of the world's GDP, The US is estimated at about 26 percent. So together, less than half. There will be places to trade for any and all that want to trade, as the EU's past eighteen or nineteen sanctions sets seems to suggest.
We need be careful of deciding how we see trade and how we see using it wholly as a weapon, in a world wherein there are always alternatives escaping controls. Prices are always affected, meaning consumers are always affected. Consider:
"Which Countries Have Experienced the Steepest Rise in Energy Costs?"It is not just a matter of politics, but of individuals' and companies' wallets. How would you be doing with a 200 percent rise in your fuel bill?1. Estonia | Electricity: +323% | Gas: +559%
2. Netherlands | Electricity: +421% | Gas: +328%
3. Italy | Electricity: +211% | Gas: +329%
4. Austria | Electricity: +145% | Gas: +433%
5. Denmark | Electricity: +161% | Gas: +353%
European Energy Prices Increase up to 500% Compared to Pre-crisis Levels Green Match, 8 January 2025
The picture is far more complex than choosing a side for which to cheer, or a side to denigrate. "Supply and demand" is a real phenomenon washing over the entire world.
Or one can look at pictures of bombers, fighter jets and some analysis of maps and X and Telegram videos of destruction. Time perhaps for some new perspective?
“So yes, President Trump did do what he had threatened, and did it before the deadline. So far, it seems to be working, with Indian companies now substituting Russian oil supplies for other suppliers.”
My friend, no sanctions against India for buying RuZZian oil has gone into effect. Lets talk again at the end of the month. I’ll believe it when it happens...
“On Wednesday, Donald Trump doubled US tariffs on India to 50%, up from 25%, penalising Delhi for purchasing Russian oil - a move India called “unfair” and “unjustified”. The tariffs aim to cut Russia’s oil revenues and force Putin into a ceasefire. The new rate will come into effect in 21 days, so on 27 August.”
The Trump Administration has described Russian President Vladimir Putin's reported demands for a ceasefire in Ukraine in four different ways since August 6. The exact details of Putin's position remain unclear. German outlet BILD reported on August 9 that US Special Envoy for the Middle East Steve Witkoff misunderstood Putin's demand for Ukraine to withdraw from the remainder of Zaporizhia and Kherson oblasts, in addition to the remainder of Donetsk Oblast, as an offer for Russia to withdraw from occupied Zaporizhia and Kherson oblasts during the August 6 Putin-Witkoff meeting.[1] BILD reported that Witkoff also misunderstood Putin's proposal for an energy infrastructure and long-range strikes ceasefire, and that Witkoff interpreted Putin's offer as a general ceasefire that would curtail frontline military activity. The Wall Street Journal (WSJ) reported that European officials familiar with the conversation and call stated that US President Donald Trump, presumably after being briefed by Witkoff, told Ukrainian and European officials on August 6 that Putin would withdraw from occupied Zaporizhia and Kherson oblasts in exchange for Ukraine ceding unoccupied areas of Donetsk Oblast.[2] The officials told WSJ that Witkoff walked back Trump's statement during a call with European officials on August 7 and stated that Russia would “both withdraw and freeze” the frontline, presumably referring to Zaporizhia and Kherson oblasts. European officials reportedly asked Witkoff to further clarify Putin's demand during a call on August 8, and Witkoff stated that the “only offer” on the table was for Ukraine to unilaterally withdraw from Donetsk Oblast in exchange for a ceasefire. Ukrainian outlet Kyiv Independent reported that a source in Ukraine's Presidential Office briefed on the Putin-Witkoff meeting, presumably by Witkoff himself, stated that Putin also offered to withdraw from northeastern Kharkiv and Sumy oblasts as a “sign of goodwill” in exchange for Ukraine ceding the remainder of unoccupied Donetsk Oblast.[3] The source stated that Putin reportedly told Witkoff that Putin would be willing to freeze the frontline in Zaporizhia and Kherson oblasts. Bloomberg reported on August 8 that unnamed sources stated that Putin demanded that Ukraine withdraw from the entirety of Donetsk and Luhansk oblasts and concede occupied Crimea to Russia in exchange for freezing the frontline in Kherson and Zaporizhia oblasts and beginning negotiations on a ceasefire agreement.[4] It remains unclear, based on Western reporting, if Putin ever truly offered to withdraw from occupied Zaporizhia and Kherson oblasts. Ukrainian President Volodymyr Zelensky rejected Putin's demand.[5]
The only element of Putin's reported position common to all reports is Putin's continued demand for Ukraine to withdraw from unoccupied areas of Donetsk Oblast — a major Ukrainian concession. Conceding to such a demand would force Ukraine to abandon its “fortress belt,” the main fortified defensive line in Donetsk Oblast since 2014 — with no guarantee that fighting will not resume.[6] Ukraine's fortress belt stymied Russian advances in Donetsk Oblast in 2014 and 2022 and is still impeding Russia's efforts to seize the remainder of Donetsk Oblast in 2025, as ISW has recently described. The fortress belt is a significant obstacle to Russia's current path of advance westward in Ukraine, and surrendering the remainder of Donetsk Oblast as the prerequisite of a ceasefire with no commitment to a final peace settlement would position Russian forces extremely well to renew their attacks on more favorable terms, having avoided a long and bloody struggle for the ground.[7]
Ukrainian and European officials reportedly presented a counterproposal to US officials on August 9 as European officials continue to issue statements of support for Ukraine's sovereignty and territorial integrity. WSJ reported on August 9 that Ukraine and European leaders proposed a counteroffer to Russian President Vladimir Putin's demands for Ukrainian territorial concessions as a precondition to ceasefire during a meeting with US Vice President JD Vance in the United Kingdom (UK) on August 9.[8] WSJ reported that the counteroffer stipulates that a full ceasefire in Ukraine must be implemented prior to territorial negotiations, in accordance with US President Donald Trump's previously articulated preferred timeline for an end to Russia's war against Ukraine.[9] WSJ reported that the counteroffer also states that territorial exchanges should be conducted in a reciprocal manner and that Ukraine must receive robust security guarantees in exchange for any Ukrainian territorial concessions to prevent future Russian aggression against Ukraine. WSJ reported that Finnish President Alexander Stubb presented the Ukrainian-European counterproposal to Trump during a phone call on August 9. European leaders, including UK Prime Minister Keir Starmer, French President Emmanuel Macron, Estonian Foreign Minister Margus Tsahkna, Lithuanian Foreign Minister Kęstutis Budrys, Latvian Foreign Minister Baiba Braze, and Romanian Foreign Minister Toiu Oana, expressed support for Ukraine's efforts to achieve a just and lasting resolution to Russia's war on August 9.[10]
Russian officials welcomed the announcement that US President Donald Trump and Russian President Vladimir Putin will meet in Alaska on August 15 and referenced Russian narratives about Russia's historical claims to Alaska. Russian Presidential Aide Yuriy Ushakov claimed that Alaska is a logical meeting place due to the fact that the United States and Russia are close neighbors across the Bering Strait and share economic interests in Alaska and the Arctic region.[11] Leading Russian negotiator and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev, who attended the August 6 meeting between Russian President Vladimir Putin and US Special Envoy for the Middle East Steve Witkoff, described Alaska on August 9 as “a Russian-born American” and claimed that Alaska reflects the ties between the United States and Russia.[12] Dmitriev also noted Alaska's historic ties to the Russian Orthodox Church and Russia's past military and economic presence in Alaska.[13] Russian officials and state media have previously claimed that the United States should return Alaska to Russia. Russian Security Council Deputy Chairperson Dmitry Medvedev claimed in January 2024 that Russia has been waiting for the United States to return Alaska “any day” in response to a US Department of State statement to the contrary.[14] Russian TV hosts and propagandists Vladimir Solovyov and Olga Skabeyeva repeatedly claimed in 2024 that the United States should return Alaska to Russia.[15] Russian State Duma Chairperson Vyacheslav Volodin claimed in July 2022 that Russia would claim Alaska as its own if the United States froze foreign-based Russian assets.[16] Russian state media outlet RT claimed in October 2018 that Russia should demand Alaska back from the United States after the United States withdrew from the Intermediate-Range Nuclear Forces (INF) Treaty.[17]
Ukraine continues its long-range drone strike campaign against Russian military and defense industrial base (DIB) facilities. Ukraine's Security Service (SBU) reported on August 9 that it conducted a drone strike against a Russian Shahed drone warehouse in Kzyl Yul, Republic of Tatarstan and that the drone strike started a fire at the warehouse.[18] The SBU stated that Russia stored Shahed drones and related foreign-sourced components at the facility. Kzyl Yul is located roughly 43 kilometers from the Alabuga Special Economic Zone (SEZ) near Yelabuga, Republic of Tatarstan, where Russia has based a large-scale Shahed drone production facility.[19] Ukrainian outlets Suspilne and Militarnyi reported that sources within Ukraine's Main Military Intelligence Directorate (GUR) stated that GUR conducted a sabotage operation in Afipsky, Krasnodar Krai on August 8, causing two explosions near a checkpoint on the Russian 90th Anti-Aircraft Missile Brigade's (49th Combined Arms Army [CAA], Southern Military District [SMD]) base.[20]
https://www.understandingwar.org/backgrounder/russian-offensive-campaign-assessment-august-9-2025
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