War Invasion of Ukraine News Megathread - Thread is only for articles and discussion of articles, general discussion thread is still in Happenings.

Status
Not open for further replies.
President Joe Biden on Tuesday said that the United States will impose sanctions “far beyond” the ones that the United States imposed in 2014 following the annexation of the Crimean peninsula.

“This is the beginning of a Russian invasion of Ukraine,” Biden said in a White House speech, signaling a shift in his administration’s position. “We will continue to escalate sanctions if Russia escalates,” he added.

Russian elites and their family members will also soon face sanctions, Biden said, adding that “Russia will pay an even steeper price” if Moscow decides to push forward into Ukraine. Two Russian banks and Russian sovereign debt will also be sanctioned, he said.

Also in his speech, Biden said he would send more U.S. troops to the Baltic states as a defensive measure to strengthen NATO’s position in the area.

Russia shares a border with Estonia, Latvia, and Lithuania.

A day earlier, Russian President Vladimir Putin ordered troops to go into the separatist Donetsk and Lugansk regions in eastern Ukraine after a lengthy speech in which he recognized the two regions’ independence.

Western powers decried the move and began to slap sanctions on certain Russian individuals, while Germany announced it would halt plans to go ahead with the Russia-to-Germany Nord Stream 2 pipeline.

At home, Biden is facing bipartisan pressure to take more extensive actions against Russia following Putin’s decision. However, a recent poll showed that a majority of Americans believe that sending troops to Ukraine is a “bad idea,” and a slim minority believes it’s a good one.

All 27 European Union countries unanimously agreed on an initial list of sanctions targeting Russian authorities, said French Foreign Minister Jean-Yves Le Drian, and EU foreign affairs head Josep Borell claimed the package “will hurt Russia … a lot.”

Earlier Tuesday, Borell asserted that Russian troops have already entered the Donbas region, which comprises Donetsk and Lugansk, which are under the control of pro-Russia groups since 2014.

And on Tuesday, the Russian Parliament approved a Putin-back plan to use military force outside of Russia’s borders as Putin further said that Russia confirmed it would recognize the expanded borders of Lugansk and Donetsk.

“We recognized the states,” the Russian president said. “That means we recognized all of their fundamental documents, including the constitution, where it is written that their [borders] are the territories at the time the two regions were part of Ukraine.”

Speaking to reporters on Tuesday, Putin said that Ukraine is “not interested in peaceful solutions” and that “every day, they are amassing troops in the Donbas.”

Meanwhile, Ukraine President Volodymyr Zelensky on Tuesday morning again downplayed the prospect of a Russian invasion and proclaimed: “There will be no war.”

“There will not be an all-out war against Ukraine, and there will not be a broad escalation from Russia. If there is, then we will put Ukraine on a war footing,” he said in a televised address.

The White House began to signal that they would shift their own position on whether it’s the start of an invasion.

“We think this is, yes, the beginning of an invasion, Russia’s latest invasion into Ukraine,” said Jon Finer, the White House deputy national security adviser in public remarks. “An invasion is an invasion and that is what is underway.”

For weeks, Western governments have been claiming Moscow would invade its neighbor after Russia gathered some 150,000 troops along the countries’ borders. They alleged that the Kremlin would attempt to come up with a pretext to attack, while some officials on Monday said Putin’s speech recognizing the two regions was just that.

But Defense Secretary Lloyd Austin told reporters Tuesday that Russia’s “latest invasion” of Ukraine is threatening stability in the region, but he asserted that Putin can “still avoid a full blown, tragic war of choice.”

Article
 
I'm much more willing to believe that they at first were trying to avoid civilian casualties, evident from the battleplan entirely relying on hoping the Ukrainian military would just gave up. The hint was the words Putin used for the declaration of war, and the deleted propaganda article, they're actually thinking of a quick decisive war that lasts only hours

But then as their advances are stopped, even nowhere near achieving day-one objectives (as many have reported), they're resorting back to the Grozny/Syria playbook since they knew the only way to break the Ukrainians' morale is by scorched earth tactics
Looks like they're starting to get more aggressive but if they start carpet bombing Ukraine like Syria or Vietnam or Yugoslavia that's just going to ignite even more resistance from the Ukrainians. Nothing pisses off a people more than seeing your hometown glassed and child corpses being pulled out of rubble.
 
I'm much more willing to believe that they at first were trying to avoid civilian casualties, evident from the battleplan entirely relying on hoping the Ukrainian military would just gave up. The hint was the words Putin used for the declaration of war, and the deleted propaganda article, they're actually thinking of a quick decisive war that lasts only hours

But then as their advances are stopped, even nowhere near achieving day-one objectives (as many have reported), they're resorting back to the Grozny/Syria playbook since they knew the only way to break the Ukrainians' morale is by scorched earth tactics
Which means they'll just inherit a desolate wasteland with nothing productive. Not to mention that the more civilians they kill, the harder the Ukrainians will fight, since they're getting more and more pissed at the Russians for killing their family and friends.

It won't sadly. Delusional retards will keep pretending that Russia is avoiding collateral damage (unlike those filthy, bloodthirsty American dogs) despite the overwhelming evidence to the contrary.
Again, the number of people simping for the Russian government online is just staggering. At least those Chinese Wu Mao trolls are paid by the Chinese government to shill for the CCP. People really need to learn that the enemies of your enemies aren't always your friends, and sometimes, they can be even worse than your regular enemies.

Looks like they're starting to get more aggressive but if they start carpet bombing Ukraine like Syria or Vietnam or Yugoslavia that's just going to ignite even more resistance from the Ukrainians. Nothing pisses off a people more than seeing your hometown glassed and child corpses being pulled out of rubble.
A pragmatic person would know that, but based on his actions in this past week, Putin is not a pragmatic man anymore. He just wants to punish Ukraine for not accepting him, he doesn't realize the consequences of going full-in. Forget sanctions, I wouldn't be surprised if someone tried to off him. Even if it's someone from his own side.
 

Russian mothers 'receive official letters' telling them their sons have died in Ukraine​

Emma Burrows
News Editor, ITV News

Tuesday 1 March 2022, 10:44pm
soldier_1.jpg

ITV News Correspondent Neil Connery hears from one Russian mother who says 'this is not my war'


Russia's war with Ukraine is not yet a week old and Russian mothers are already demanding answers from the country's Ministry of Defence about the whereabouts of their sons who have allegedly been sent to fight in Ukraine.

Almost as soon as the invasion began on February 24, videos started appearing on social media showing Russian soldiers allegedly captured by Ukrainian forces. In one video, a soldier who appears to be Russian is heard to say: "Mum and Dad I didn't want to come here. They made me."

Another is asked apparently by a Ukrainian if he will switch sides. "Are you ready to fight with us?" a man says. "I'm ready," the soldier is heard to reply.

On Tuesday, Ukraine claimed it has "eliminated" around 5,710 Russian military personnel and says 200 are captive. In a military update provided to ITV News, Ukraine claims "cases of abandonment of posts and voluntary captivity by entire units have been reported."

On Sunday, Russia admitted for the first time that it had sustained losses in its campaign against Ukraine but the spokesperson for the country's Ministry of Defence, Igor Konashenkov, did not provide numbers of casualties or additional details.

Natalia Deineka says she learned from her sister that her 19-year-old son, a private in the Russian army, had been captured in Ukraine. She believes he was captured on the first day of Russia's invasion. ITV News could not independently confirm her account.

natalia.jpg
Natalia Deineka says she saw her son was captured on Facebook.
She says her sister showed her photos of captured Russian soldiers posted on the Facebook page of the Commander in Chief of the Armed Forces of Ukraine and claims her son, Rafik Rakhmankulov, is pictured in a photo that was posted on the February 24.

Deineka says the last time she spoke to her son was on February 23 - the day before Vladimir Putin announced his invasion of Ukraine. Russian state media organisations have questioned the truth of the photos and Deineka's story and have accused her of lying.

The Facebook post on the page of the Ukrainian Commander-in-Chief, claims Rakhmankulov, and another soldier pictured alongside him, are from military unit 91701 of the Yampolsk motorized regiment in Russia.

Natalia Deineka says her son served with that regiment.


soldier_2.jpg
Rafik pictured alongside another soldier. Credit: Commander in Chief of the Armed Forces of Ukraine/Facebook
Since she learned of her son's capture, Deineka says she has been trying to get answers from Russia's Ministry of Defence.

Deineka says she went to speak to military officials and told them: "I am the mother of a captured soldier. I need contact with counterintelligence, or with someone who can give me information about where he is."

Officials, she said, told her they could give her no information and, she said, "gave me the address of the Red Cross."

ITV News has asked Russia's Ministry of Defence to confirm whether Rafik Rakhmankulov was sent to Ukraine and if he has been captured there.

'You're not in Kyiv...you're afraid.' Ukrainian reporter begs PM for no-fly-zone
Kyiv family stuck in bomb shelter 'waiting' as Russian troops close in
The Committee of Soldiers' Mothers of Russia, an organisation that helps military families, says they have been inundated with calls from parents concerned about their children since Russia launched its offensive against Ukraine on February 24.

Alexander Latynin, a lawyer with the Committee, told ITV News that on Monday seven people from the organisation took more than 2,000 calls from worried parents.

"What happened to my child, is he alive? Is he captured? Where is he? Is he in Russia near the border with Ukraine or is he in Ukraine? These are the most important questions which worry parents," Latynin said.

The volume of calls is so great, Latynin said, that the organisation has asked Russia to "organise a hotline so that the Ministry of Defence can give answers to the mothers of soldiers about what is happening to their children."
Parents, Latynin says, are already being informed about the death of their sons in Ukraine. Just three days after President Putin ordered his invasion of Ukraine, Latynin says it was "already clear" that some parents "were getting official death letters from (military) recruiting centres."

Russia's Ministry of Defence has admitted losses in Ukraine but has said the numbers are far less than the Ukrainian side. ITV News has asked the Ministry of Defence if it is true families are receiving letters informing them their relatives are dead.

Almost a week after the invasion began, Russia has failed to capture any major Ukrainian cities. Professor Maria Popova, Associate Professor of Political Science at McGill University in Montreal, Canada, told ITV News she thought the fact that Russia has made little gains in its military campaign in Ukraine may have "spooked" the circle around Vladimir Putin.

"It is clear things have gotten out of hand, in terms of the resistance they are seeing in Ukraine," she said. "You also have to remember that Russian society, overall, did not demand this war in any way. Polls say only 10% of Russians support the war in Ukraine."

'Show this to Putin' pleads doctor trying to save life of dying child
Russia missile hits Ukraine's second-largest city in act of 'undisguised terror'
According to the Committee of Soldiers' Mothers, the war is having an impact on Russia's armed forces to recruit new soldiers as people do not want to join.

"They are afraid," Latynin told ITV News. "They do not want to be recruited and they do not want to be sent to the conflict which is happening now."

Daineko says the Committee of Soldiers' Mothers is helping her to try to find her son. In the meantime, she says all she can think about is bringing him home.

"I am like a stone. I don't cry, I don't sleep, I don't eat. I will cry when I hug my son," she said. "They asked us to call it a 'special operation' in Ukraine. I don't need it, my son doesn't need it, nobody in Russia needs it. This is not my war."

 
George Soros and NGOs fund Ukraine:
John George said:
alien-800x400.jpg

https://www.facebook.com/sharer.php?u=https://www.hyphen-report.com/george-soros-and-ngos-fund-ukrainian-media/
The vast majority of the Ukrainian media is funded by either NGOs, foreign Governments or George Soros himself. This is done largely through the Ukrainian Crisis Media Center (UCMC) or UAcrisis.org, along with other proxies. Yet another Hyphen-Report exclusive brings you the real power players promoting pushing Iraq WMD tier myths and fake propaganda.
donors.png

Donor list for UAcrisis.org aka Ukrainian Crisis Media Center

George Soros and The Ukrainian Crisis Media Center​

The “Ukrainian Crisis Media Center”, is an NGO front group that western media are being told to cite as a “reputable” source. Unsurprisingly, UCMC is entirely funded by George Soros, Foreign government or NGOs linked to State departments. On a December 9th 2021 livstream, UCMC hosted Maksym Butkevych. Butkevych who co-ordinates “Without Borders”, a NGO with a self evident name, advocating open border policy. One of the founders of the UCMC, Lena Lovoba also help found “Open Europe” a project to add biometric passports and more open borders.
George Soros

Via the Ukrainian Crisis Media Center
UCMC, a “trustworthy” source has been caught pushing NATO lies about Russian shells hitting a radioactive deposit in Chernobyl. Hilariously, they accused Russia of “seeking to carry out large-scale environmental disasters“. UCMC later went onto mirror Iraq war era WMD talking points, spouting “The whole world is in front of huge ecological threat because of Russian invasion to Ukraine“. Additionally begging to “stop the second Chernobyl”. This is clearly attempt by Ukrainian Intelligence and George Soros to provoke the West into “intervening” to stop Russia from causing a nuclear catastrophe.
WMD-attempt.png

The UCMC creating lies to provoke Europe / America into war with Russia by creating a fictionalized “nuclear” attack of sorts. Same strategy as US with WMDs in Iraq.
Despite their Western media street cred, UCMC is the recipient of countless amounts of money from organizations linked to George Soros. One of the main donors of the UCMC is the suspiciously named “Media Diversity Institute”(MDI). Although this is done through the CIA front Open Information Partnership (OIP). OIP listed known CIA front Bellingcat on their site, but have since removed announcement of their “partnership”. MDI is a “project” mentioned in a 2010 Open Society Foundation report regarding funding and the success of George Soros linked projects.

Economic Warfare​

George Soros

Featured in OFS’s 2010 report “Living Together: Projects Promoting Inclusion in 11 EU Cities”
Another UCMC funder is The German Marshall Fund, who in a 2017 report got at least 100k directly from the Open Society Foundation. This 1995 piece from Wired even brags about the fact that another funder Internews is “Soros backed”. The rest of Internews funding comes from the US government, according to it’s Marxist founder David Hoffman. Another NGO, Chemonics, is listed in a 2001 report for helping to give “consultation” to Open Foundation Society’s Armenian branch. Yet another larger donor is the Estonian Center of Eastern Partnership (ECEP). The ECEP was founded in coordinated with the George Soros funded Estonian School of Diplomacy. The ECEP also receives funding from EUAM, who works with the proudly Soros funded Open Dialog Foundation.
41b48b63fada0e56a6a5c915fadf71d6.png

Chemonics International branch being cited for consulting on a 2001 OSF report for the Armenian branch
83fc0ea22a6e07e9bf168cd527aa61c1.png

1996 Open Society Foundations report announcing a 80k donation to “enhance training on European integration” in the Estonian School of Diplomacy and University of St.Petersburg

Multi-headed Beast​

Soros also is pouring his money in via the The International Renaissance Foundation(IRF). The IRF is an Open Society Foundation front based in Kiev. The IRF in 1994 got 12 million from George Soros, in it’s 2017 annual report it’s budget was 300k. Going through the IRF’s press releases, it brags about creating TV shows, funding fact checkers, and report exclusively on Russian war crimes. In total, the IRF has given at minimum 200m to fund Ukrainian media and is the single biggest international donor in Ukraine.
f32c97b841c682663ecc6d56a86ede98.png

Citation: Open Society Foundation’s 2019 Ukraine report

CIA Front after CIA Front​

One organization without apparent George Soros backing is the Canadian Temerty Foundation. Despite not having a website with the millions it gets, it still has room to fund the UCMC. The Temerty Foundation was founded by James Temerty, a Canadian-Jewish billionaire born in Donbass. Oddly however, the Temerty Foundation got practically zero funding up until the recent provocation. Out of nowhere in 2020, nearly 400 million dollars rolled in, signaling the Temerty Foundation to be a western intelligence front. Canada of all Western allies has taken the most involvement in Ukraine, training countless soldiers including Azov.

Temerty Foundation

From Temerty Foundation’s yearly report
Another CIA front funding UCMC is Institute of Statecraft (IoS). IoS is an NGO set up by two former soldiers who worked for NATO. The institutes express purpose it to “combat Russian disinformation”. Notably, during 2018 in tandem with a quarantined effort from Israeli groups, IoS also attacked Jeremy Corbyn. The largest funders of IoS include the US state department, Facebook and the British Government. Obviously as the war in Ukraine highly involves Europe and America, of course they’d need to be invested.

Western Democracies Love The Azov Battalion​

Outside of that, there’s the USAID, Embassy of Sweden, Embassy of the United States in Kiev, and the National Endowment for Democracy. NATO, The Canadian Government and The German Foreign Ministry all invest heavily in the Ukrainian Crisis Media Center. This shows that despite appearances put on by European powers, there’s unilateral Western support for Ukraine against Russia.
Although Azov Battalion has their hardened, “neonazi” image, they received constant praise from the Ukrainian Crisis Media Center. Notably, in 2018 the UCMC supported Azov Battalion patrolling the streets of Kiev and effectively enacting martial law. If you search for “Azov Battalion” on their site, only puff pieces from several years ago pop up. Since negative press has built up about Azov in the West during in past years, their gaze has shifted to positively covering the Ukrainian army.
People often say, “doesn’t Soros fund every country’s media?” and that’s true, but almost 100% of Ukraine’s media is funded by Soros or the US/NATO. This is not being reactionary anti-American or NATO, this is calling it as it is. If it smells like a gayop, sounds like a gayop and is pushed by George Soros backed sources, it’s more than likely a gayop. Be critical of any pro-Ukrainian sources you see, as even many on telegram are either Azov or shill for the CIA. Do you fight for Soros, or your brethren?
 
Russia smaller than Texas/NYC/Baltimore/Papua New Guinea because uhhh... I guess some funny numbers told me so. Nevermind that the Ruble is undervalued or that Russia is a large country with a large amount of valuable, natural resources.

I can agree that Russia isnt as mighty militarily as it seems, even if not considering theyre sending fresh recruits to the meat grinder. But to assume that their nukes dont work, that they are North Korea tiers of incompetent and technologically disadvantaged, and that their economy is pathetic and US-state tier while pumping up the US chest thumping is a very idiotic take. Its an extreme knee-jerk reaction to the war and not really justified in anything but blind nationalism.
I have yet to see anyone say anything close to what you've claimed they've said.
 
  • Like
Reactions: Rezza
Has Russia stopped pretending it's about nazis yet?
Not yet, but I'm not surprised if they will drop it soon.

In another news
Russian President Vladimir Putin’s invasion of Ukraine will become more brutal, British defence minister Ben Wallace said on Wednesday.

“Anyone who thinks logically would not do what he (Putin) is doing, so we are going to see ... his brutality increase,” Wallace told LBC radio.

“He doesn’t get his way, he surrounds cities, he ruthlessly bombards them at night ... and he will then eventually try and break them and move into the cities.”
By The Guardian liveblog
 
I remember watching a CaspianReport video a couple of days before the invasion started. There's one point that Shirvan made which stuck out to me more than any other: the longer that Putin puts off an invasion of Ukraine, the stronger and better-equipped the Ukrainian military would become. Given this, I'm starting to think that Putin's invasion plans are about eight years too late to the party on this one. If Putin really wanted to bring Ukraine into capitulation, then he really should've tried his hand at an all-out invasion back in 2014 when the Ukrainian army was at its weakest instead of settling for Crimea and Donbas. Ignoring all of the recent arms sales to Ukraine, their military has spent the last eight years building itself up from the utter humiliation they faced back then.

I'm not 100% sure what the exact numbers are because I'm recalling this from memory, but I do distinctly remember reading that Ukraine has had six drafts since Crimea was annexed. On top of this, the 60,000+ troops that were stationed in Donbas got rotated out regularly. This means that the Ukrainian military spent nearly a decade amassing a force of 400,000 some odd veterans with some form of combat experience. On top of this, they've been buying a shitload of arms over the years to prepare themselves for such an emergency. Even if Putin manages to eke out a military victory, it'll now come at a severe loss to the Kremlin's coffers and the Russian army's manpower and equipment. That's not even getting into the question of "and then what?" which will inevitably emerge if and possibly when Kyiv falls.

Zelenskyy made it abundantly clear that he has no intention of capitulation and won't settle for anything less than the complete removal of Russian troops from Ukrainian soil. This obviously means that Russia will have no choice but to dedicate itself to a lengthy and extremely costly occupation if and when they manage to take Kyiv. Assuming that my memory isn't failing on me, Russia has around 150,000-200,000 troops in the region. For an occupation to succeed, Russia would need double that amount (assuming 1 soldier per 20 residents to counter any insurgencies). There's just two problems: how are they gonna get that many boots on the ground? Even if they did somehow manage to double their presence in Ukraine, how are they gonna fund, equip, and supply this endeavour considering the sheer difficulty Russia's been having with maintaining existing supply lines?

It's far too early to tell whether or not Russia will "win" this war, but one thing's for certain: Putin had his chance and he fucking missed the golden window to achieve his geopolitical dream of Ukraine squarely under Russian control.
 
I remember watching a CaspianReport video a couple of days before the invasion started. There's one point that Shirvan made which stuck out to me more than any other: the longer that Putin puts off an invasion of Ukraine, the stronger and better-equipped the Ukrainian military would become. Given this, I'm starting to think that Putin's invasion plans are about eight years too late to the party on this one. If Putin really wanted to bring Ukraine into capitulation, then he really should've tried his hand at an all-out invasion back in 2014 when the Ukrainian army was at its weakest instead of settling for Crimea and Donbas. Ignoring all of the recent arms sales to Ukraine, their military has spent the last eight years building itself up from the utter humiliation they faced back then.

I'm not 100% sure what the exact numbers are because I'm recalling this from memory, but I do distinctly remember reading that Ukraine has had six drafts since Crimea was annexed. On top of this, the 60,000+ troops that were stationed in Donbas got rotated out regularly. This means that the Ukrainian military spent nearly a decade amassing a force of 400,000 some odd veterans with some form of combat experience. On top of this, they've been buying a shitload of arms over the years to prepare themselves for such an emergency. Even if Putin manages to eke out a military victory, it'll now come at a severe loss to the Kremlin's coffers and the Russian army's manpower and equipment. That's not even getting into the question of "and then what?" which will inevitably emerge if and possibly when Kyiv falls.

Zelenskyy made it abundantly clear that he has no intention of capitulation and won't settle for anything less than the complete removal of Russian troops from Ukrainian soil. This obviously means that Russia will have no choice but to dedicate itself to a lengthy and extremely costly occupation if and when they manage to take Kyiv. Assuming that my memory isn't failing on me, Russia has around 150,000-200,000 troops in the region. For an occupation to succeed, Russia would need double that amount (assuming 1 soldier per 20 residents to counter any insurgencies). There's just two problems: how are they gonna get that many boots on the ground? Even if they did somehow manage to double their presence in Ukraine, how are they gonna fund, equip, and supply this endeavour considering the sheer difficulty Russia's been having with maintaining existing supply lines?

It's far too early to tell whether or not Russia will "win" this war, but one thing's for certain: Putin had his chance and he fucking missed the golden window to achieve his geopolitical dream of Ukraine squarely under Russian control.


They just can't. And tbh, I would be very surprised if Russia won't collapse within a week or two under the economic pressure west is putting on them. Like it has been said, the whole of Russian economy is relatively small(because of the immense levels of corruption and underdeveloped infrastructure I would guess) relative to its size. Covid already hit them hard, and now the situation is so dire that

a) Moscow stock exchange has been forcefully closed for days

and

b) Russia made an announcement that foreign investors can't take their assets out of the country.

It's only a matter of time now when their whole society crumbles.

To add: Only thing going for Russians in terms of economy right now is that their state debt is relatively low. But it's climbing also, and quite soon only debtor that is willing to work with them is China.
 
Last edited:
VASAviation is a good channel for interesting ATC communications between Pilots and Ground. They post all sorts of stuff from Emergency landings, to weird people losing their cool on the radio. Here's a bunch of Aeroflot planes being told they have to go around Canada. You can hear the Russian Pilots embarrassment. They don't want to be involved in any of this shit.
 

Ukraine conflict: Oil hits $113 a barrel despite emergency measures​


Oil prices have surged despite new measures aimed at calming markets worried by the invasion of Ukraine.

Brent crude - the international benchmark for oil prices - has hit $113 a barrel, marking the highest level since June 2014.

It rose even after the International Energy Agency's members agreed to release 60 million barrels of oil from emergency stockpiles.

Russia is one of the biggest energy producers in the world.

As a result, concerns about Russia's invasion of Ukraine have sparked concerns among investors that oil or gas supplies could be affected.

Meanwhile, the price of US oil - West Texas Intermediate crude - rose to almost $109 a barrel.

The United States and 30 other member countries of the International Energy Agency (IEA) agreed to release the oil in a bid to stabilize energy markets worldwide.

"We are prepared to use every tool available to us to limit disruption to global energy supply as a result of President Vladimir Putin's actions," White House spokeswoman Jen Psaki said on Tuesday.

She added that Washington would carry on looking at how to speed up moving energy supplies away from Russia.

Another statement by the IEA noted that the invasion of Ukraine came against a "backdrop of already tight global oil markets, heightened price volatility, commercial inventories that are at their lowest level since 2014".

Petrol price movements in the UK are mainly determined by the price of crude oil, which is the raw material for fuel, and the exchange rate between the dollar and the pound, because oil is traded in dollars.

On Monday, the RAC said the average price of petrol had jumped to a record high of £1.51 a litre on Sunday, while diesel increased to £1.55.

Jay Hatfield, chief investment officer at ICAP, said the "dramatic" price increases seen globally were unlikely to persist though if the situation in Ukraine becomes more stable.

Sanctions take hold​

Share prices across Europe and the US also fell further on Tuesday as attacks on cities in Ukraine continued.

Markets in US, Europe and UK fell amid fears about the impact of the ongoing conflict.

Having been up in early trading, the FTSE 100 turned negative amid the warnings of the consequences of Western sanctions on Moscow and signs that Russia was stepping up its invasion of Ukraine.

Western countries have imposed punishing sanctions against Moscow, with another raft of companies winding down Russian operations and halting investment, such as BP and Shell.

Italian energy giant Eni also said it planned to sell its stake in the Blue Stream pipeline. Eni co-owns the pipeline, which carries Russian gas to Turkey, with Russian energy firm Gazprom.

Meanwhile, French oil and gas group TotalEnergies said it would no longer provide capital for new projects in Russia on Tuesday.

Frankfurt saw steeper losses, which analysts suggested could be linked to Germany's reliance on Russian energy imports.

Russia's currency was stable, however, having collapsed 30% on Monday to record lows against major currencies. One rouble was worth less than one US cent in trading on Tuesday.

The rouble's fall cuts its buying power and hits savings of ordinary Russians. The decline was only halted when Russia's central bank doubled interest rates to make the currency more attractive to investors.

The sanctions' stranglehold on Moscow's finances has hit the central bank's access to a lot of Russia's huge reserves of money held in the form of foreign currencies.

Sophie Lund-Yates, equity analyst at Hargreaves Lansdown, said: "This is a fast-moving situation and investors should be mindful of potential share price volatility in the short to medium term."

Analysis: Rob Young, lead presenter, BBC World Service Business​

Russia's invasion of Ukraine has investors on edge.

There is a huge amount of uncertainty about what is likely to happen next, and you can see that in the volatility on markets.

Western sanctions on Russia have caused turmoil in the global banking sector, with firms scrambling to ensure they're not doing business with any sanctioned individual or company.
European and US asset managers who are keen to offload their Russian investments may find it difficult to do so with the Moscow stock exchange currently closed and talk that the Kremlin will prevent foreigners from selling up.

That - together with the lack of revenue from Russian customers - could mean lower profits for western companies, from energy giants to carmakers to investment funds.

Sanctions can hurt both sides, not just the sanctioned.

But many company bosses are clear - decisions are being made, not simply about money, but on moral grounds too.

Meanwhile, the war continues to unsettle the energy markets, with the price of oil now well over $100 a barrel.

An announcement that large stockpiles of crude will be released would ordinarily send prices lower.

Today's news, however, has done nothing to ease market concerns about the potential for shortages of oil from Russia.


Russia's Lavrov says a third World War would be nuclear and destructive -RIA​


Russian Foreign Minister Sergei Lavrov said on Wednesday that if a third World War were to take place, it would involve nuclear weapons and be destructive, the RIA news agency reported.

Lavrov has said that Russia, which launched what it calls a special military operation against Ukraine last week, would face a "real danger" if Kyiv acquired nuclear weapons.

 
Last edited:
Putin did not make a mistake invading Ukraine. Given historical precedent, it was a smart move. They would cave and be forced to fall back, the Eurocucks would angrily pass meaningless strongly worded rebukes in the worthless UN.
But he made a big miscalculation. Ukraine put up a stiffer fight than he was ready for, and Eurocucks are actually starting to do something about his bullshit this time. I don't know where the fuck this international response was to the occupation of Crimea, but its nice to see Germany respond to Russian expansionism with something other than agreeing to buy another 5 billion euros faggotdollars worth of Russian hydrocarbons.

Putin's aggression has become a self-fulfilling prophecy, he fears NATO for "national security" but his actions against Ukraine has given NATO a gift; for years now there have been arguments that NATO was irrelevant and a waste of money and military resources but now pro-NATO people can just point to Ukraine as a consequence of not being part of the alliance.

Even now this has caused rumblings in Sweden and Finland about joining NATO despite decades of neutrality on matters regarding Russia.

It'll be interesting in the coming days to see how things shake out whether they get a ceasefire/peace deal or Ukraine just gets stomped.

Putin fears NATO because NATO that close to Moscow raises the cost/risk of him doing his Typical Slav Behavior. NATO doing a thunder run on Moscow with a non-member Ukraine means that NATO would need to clear the operation with Ukraine - which will leak like a sieve and give Russia time to respond. With Ukraine in NATO, there is not that advanced warning nor the additional geography. If they fuck with NATO, they won't have to wait long to find out.

But again, for all the "muh national security" people I'm not saying you're wrong here. I'm all for countries staying out the shit of other countries. But NATO is a defensive treaty. Being concerned about NATO on your borders sure. But to the point you're invading another country?

The only country talking about putting their nuclear deterent online is Russia.
 
Last edited:
Status
Not open for further replies.
Back