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  • Putin’s power play to bully Europe collapses as U.S. overtakes Russia as top crude oil supplier

    04/02/2023 6:52:20 PM PDT · by familyop · 46 replies
    The Washington Times ^ | Sunday, April 2, 2023 | Ben Wolfgang
    The U.S. has overtaken Russia as the top crude oil supplier to Europe, data shows, capping a remarkable 12-month period in which Moscow’s plan to weaponize its position as an energy superpower collapsed from strong Western opposition to the war in Ukraine...One sign of Russia’s diminished status as an energy superpower is futures trading. Russia’s premier Urals crude oil hit a two-year low of $48.40 a barrel last week while the global benchmark Brent crude was trading for more than $75.