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China, India Binge Buy Russian Energy, Nearly Double Last Year’s Purchases Amid West's Restrictions_我的网站

A |     China and India’s oil, coal and gas purchases pumped some $24 billion in revenue into Russia’s coffers between March and May, nearly doubling the $13 billion the Asian giants spent during the same period in 2021, China Customs and India Trade Ministry data has shown.,The People’s Republic accounted for over 78 percent of the revenue - $18.9 billion. India, for its part, bought $5.1 billion in Russian energy – quintupling purchases it made a year ago by taking advantage of discounts on crude made as Moscow maneuvered to shift supplies away from the European and US markets.,Lauri Myllyvirta, lead analyst at the Finland-based Centre for Research on Energy and Clean Air (CREA), predicted that the Asian giants aren’t likely to stop their Russian energy binge anytime soon amid rising energy prices, and the West’s politicized decision to ban Russian crude oil and coal, and to limit gas imports.,EXCLUSIVE: New Delhi Does Not Support Attempts to Isolate Russia, Says Russian Ambassador to IndiaYesterday, 10:29 GMT,CREA figures indicate that China overtook Germany in the first 100 days after the escalation of the Ukraine crisis in February, but that the European market still accounted for a majority of top ten importer nations during this period.,China was the biggest importer of Russian energy in the first 100 days after the invasion, according to @CREACleanAir, and India's rise this year has been dramatic. Still, Europe as a bloc has made up the bulk of Russia's energy sales https://t.co/O7rTG4iI0p pic.twitter.com/rVuXsPv1nU— Dan Murtaugh (@danmurtaugh) July 6, 2022,Combined with Russian discounts, the possibility of ruble-yuan payments (and a similar ruble-rupee scheme currently being finalized), the BRICS nations have enjoyed a dramatic ramping up of the type of ‘win-win’ cooperation consistently talked about by Chinese officials, with Moscow ‘winning’ new markets, and Beijing and Delhi a cheap and dependable source of energy.,Iran Asks to Join BRICS27 June, 17:19 GMT,Sanctions Rebound,The United States banned the import of most (but not all) Russian energy in March, with the European Union following suit in the months to follow by banning Russian coal and fertilizers (which is an energy-intensive sector), promising to “phase out” Russian oil, and searching for alternatives to Russian natural gas.,While these measures were meant to “punish” Russia for its military operation in Ukraine, their impact so far has been to send already high energy prices and inflation soaring, and sparking fears of a steep recession.,Germany, the European industrial giant accounting for more than a quarter of the EU’s GDP, has been hit hard by the self-inflicted dual calamities of inflation and spiking energy costs. On Sunday, German Trade Union Confederation chairwoman Yasmin Fahimi warned that “entire branches” of the country’s industry, including aluminum, glass and the chemical sectors, are at risk of “collapsing permanently” thanks to the gas shortages. Germany depended on Russia for 40 percent of its gas and a quarter of its oil before the escalation of the Ukraine crisis.,No Plan C: Europe Facing Trouble as Norway's Oil, Gas Production DecliningYesterday, 15:27 GMT,Even the US, where Russian crude oil accounted for just one percent of total consumption in 2021, has been affected by the Biden administration’s energy ban, with gasoline prices setting records and sending shockwaves of price hikes reverberating on all other sectors of the economy dependent on road transport.,US and EU officials have reacted with general indifference to ordinary citizens’ economic distress, with President Biden blaming Russia and calling inflation and the gas price jump “Putin’s price hike,” while in Brussels, European Commission President Ursula von der Leyen has recommended that people simply ‘turn down the thermostat a couple degrees’ to compensate for lost Russian energy. On Monday, EU high representative for foreign affairs and security policy Josep Borrell admitted that the transition away from Russian gas and oil is creating “serious difficulties” for members’ economies, but stressed that “this is the price which we must pay to defend our democracies and international law.”。

B |     BRUSSELS -- For the first time, Ukraine President Volodymyr Zelenskyy joined a meeting of more than 50 defense leaders from around the world Wednesday to make a personal pitch for military aid, in the face of lagging political support in the U.S. and new pressure on allies to send weapons to bolster Israel’s war with Hamas.His presence underscored growing concerns about cracks in what has been staunch international backing for Kyiv in its war against Russia's invasion, and worries that Ukrainian forces haven't made measurable progress in the counteroffensive, as winter closes in.“Next Monday, we will mark the 600th day of our resistance to Russia’s full scale aggression against our people, against Ukraine. And today, no one can say for sure how many more days we will have to defend our independence and to defend our identity,” Zelenskyy told the gathering as they opened the meeting. “But we can already say several things which I think are important. First, Putin will not achieve Ukraine. Second, Russia cannot afford a new arms race. And third, democracy can win this battle.”The meeting of the Ukraine Defense Contact Group, hosted by the U.S., comes as Ukraine is desperately seeking more weapons to help its troops regain ground from Russian forces before the muddy weather sets in. But political chaos in Congress stalled approval of new Ukraine funding, and there has been growing opposition among some lawmakers to any increase in spending. Speaking as he entered NATO headquarters, Zelenskyy noted the Israel war, and said Ukrainians understand such tragedy. But he was also quick to detail Ukraine's ongoing need for air defense systems and long-range missiles “to push Russia out of our land.”U.S. Defense Secretary Lloyd Austin told reporters traveling with him to Brussels that support for Ukraine continues unabated. He said a number of allies will announce they are sending additional weapons and other support to Kyiv. A key demand has been more air defense systems and munitions.“The energy, in my view, is still there,” said Austin. “And I will reassure them that we remain committed to this.”He echoed those thoughts as he opened the meeting, asserting that Ukraine is making steady progress in the war. And he said allies during this meeting will focus not only on meeting Kyiv's immediate needs but also on setting up plans to coordinate investments in Ukraine's future forceThe contact group is the main forum for raising contributions of weapons, equipment and training for Kyiv’s war effort. It meets about once a month, in person and virtually, and this is the 16th gathering.Zelenskyy, who was greeted with applause as he entered the building, went immediately into a private session with Austin and U.S. Air Force Gen. CQ Brown, chairman of the Joint Chiefs of Staff.Speaking to reporters as he came in, Zelenskyy reiterated his country's need for long-range missiles and ammunition.“It’s very important that there are priorities. There are air defense systems. These are not just basic words. These are very concrete things and we need them,” Zelenskyy said.Following that meeting, the 31 allies and Ukraine will take part in the first NATO-Ukraine Council at this level. The forum was formally established in July as part of efforts to bring Kyiv closer to the alliance. It allows NATO and Kyiv to discuss issues of common interest and concern.The new package of U.S. aid includes AIM-9M missiles for air defense, counter-drone systems, munitions for the High Mobility Artillery Rocket System (HIMARS), artillery, electronic warfare equipment, demolition munitions, anti-armor systems and more than 16 million rounds of small arms ammunition.The weapons are provided under presidential drawdown authority, so will be taken from Pentagon stocks and delivered quickly to the battlefield. ___Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine。

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