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US Increases Oil Imports From Russia - Politics - Nairaland

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US Increases Oil Imports From Russia by Nobody: 8:28am On Apr 05, 2022
US ramps up oil imports from Russia, pursues own interests at expense of European allies amid Ukraine crisis


In a contrasting move to its pressuring of European allies to not buy Russian oil against the backdrop of the ongoing Ukraine crisis, the US increased crude oil supplies from Russia by 43 percent, or 100,000 barrels per day, over the past week, Russian Security Council Deputy Secretary Mikhail Popov told Russian media on Sunday, with critics pointing out that the US pursues its own interests at the costs of its European allies.

According to the Russian official, Europe should expect similar "surprises" from the US.

"Moreover, Washington allowed its companies to export mineral fertilizers from Russia, recognizing them as essential goods," Popov added.

The US and European allies have been exploring banning imports of Russian oil since Russia-Ukraine conflict started, despite the fact that Europe relies on Russia for crude oil and natural gas.

Europe faces pressure from both the US and the UK to impose a ban on Russian oil. Britain has announced that it would phase out Russian oil imports by the end of the year.

Meanwhile, US Treasury has set deadline to end deals on oil and coal imports from Russia until April 22.

Cui Heng, an assistant research fellow from the Center for Russian Studies of East China Normal University, told the Global Times that the US policy toward Russia is centered on two aspects - one being liberalism to counter Russia's political system and collective ideology and the other being pragmatism to serve US national interests.

"Out of the need to ideologically confront Russia, the US woos allies to sanction Russia, while out of the need of reality, the US buys Russian energy at a cheaper price and sells them to Europe at a higher price to serve the interests of domestic oil interest groups. In the end, Europe becomes the victim - European wealth flows to the US and helps consolidate the dollar's advantage against euro," Cui said.

US liquefied natural gas exports rose nearly 16 percent last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.

US LNG is in high demand as European countries try to cut gas imports from Russia after its military operation in Ukraine, while also looking to rebuild diminishing inventories.

Local media reported that Europe has been the top importer of US LNG for four consecutive months, taking about 65 percent of US exports.

In a joint agreement, the US announced on March 25 to provide at least 15 billion cubic meters more of liquefied natural gas to Europe this year, seeking to end the bloc's dependence on Russian energy exports. These additional volumes of LNG are expected to increase going forward, the White House said in a statement.

Mick Wallace, a member of the European Parliament, tweeted a video of his parliamentary speech, saying that Europe should indeed wean itself off its dependence on Russian energy, but must not replace it with "filthy fracked Gas" of the US, which has invaded other countries more than any other country in the world, according to media reports.

Analysts said the biggest beneficiary from Russia-Ukraine crisis and ban on Russian oil is the US while some netizens mocked the US move as ensnaring its European allies.

"I believe the target of the US [in sanctioning Russia] is not Russia at all, but European countries," commented one Chinese netizen.

By buying oil from Russia and reselling it to Europe, the US can make a profit, said some Twitter users.


https://www.globaltimes.cn/page/202204/1257500.shtml

16 Likes

Re: US Increases Oil Imports From Russia by Nobody: 8:29am On Apr 05, 2022
Lalasticlala help us get this to the front page. Ukrainian news shouldn't be the only one making the front page. Russian news should get there too to balance things up.

160 Likes 13 Shares

Re: US Increases Oil Imports From Russia by Lawlab251: 8:33am On Apr 05, 2022
Ok

2 Likes

Re: US Increases Oil Imports From Russia by Redoil: 8:46am On Apr 05, 2022
lies lies more lies and smear campaign to make the USA a laughing stock

30 Likes 10 Shares

Re: US Increases Oil Imports From Russia by VictorUSA(m): 8:49am On Apr 05, 2022
Redoil:
lies lies more lies and smear campaign to make the USA a laughing stock
No, it's not a lie.The U.S bought Russian oil.

171 Likes 5 Shares

Re: US Increases Oil Imports From Russia by Codeye(m): 8:51am On Apr 05, 2022
Fake News!

16 Likes 5 Shares

Re: US Increases Oil Imports From Russia by ifex370(m): 8:59am On Apr 05, 2022
Redoil:
lies lies more lies and smear campaign to make the USA a laughing stock

Of what benefit is it to you if they are a laughing stock.

Focus on your country

227 Likes 10 Shares

Re: US Increases Oil Imports From Russia by SarkinYarki: 9:03am On Apr 05, 2022
The west and deception

39 Likes

Re: US Increases Oil Imports From Russia by Meekmilly: 9:08am On Apr 05, 2022
They keep deceiving us.

22 Likes

Re: US Increases Oil Imports From Russia by arejibadz(m): 9:08am On Apr 05, 2022
Ok
Re: US Increases Oil Imports From Russia by chronique(m): 9:08am On Apr 05, 2022
Lol. When we talk about the hypocrisy of the US, some dumb idiots will attribute it to lack/denial of visa. How do you tell the world that a certain government is bad and that people should avoid buying oil from them so as to starve them of funds from invading smaller countries, but you then go behind to increase your oil purchase from the same country? Isn't that pure hypocrisy at play? Why not stick to your principles and totally starve them of funds as you have proposed? Some morons will still come here to defend this as if their unbilical cord was shipped to America at birth. For those who think most of us that criticize America, hate the US, hear this: we don't hate the US; we simply do not subscribe to the double standards and their leaders engage in. He who comes to equity must come with clean hands.

220 Likes 13 Shares

Re: US Increases Oil Imports From Russia by AbdulHakeem44(m): 9:09am On Apr 05, 2022
Ok

1 Like 1 Share

Re: US Increases Oil Imports From Russia by Lanretoye(m): 9:09am On Apr 05, 2022
Which one make we believe nah.

1 Like 3 Shares

Re: US Increases Oil Imports From Russia by Sundaypaul12345: 9:09am On Apr 05, 2022
grin grin grin

2 Likes

Re: US Increases Oil Imports From Russia by david22uu(m): 9:09am On Apr 05, 2022
lol

1 Like 2 Shares

Re: US Increases Oil Imports From Russia by kiddkash(m): 9:09am On Apr 05, 2022
this is very sad.

Zelensky is not a wise leader. the world knows how powerful Russia is, but the only one that doesn't know is Zelensky.

imagine if it was Nigeria doing something like this to Benin, nothing like sanctions, the world will annihilate us.
but they can't do it to Russia, because Russia is very big and powerful. but Zelensky doesn't know or believe it.

instead of making peace, he is telling people who are not strong to fight and die. there is nothing glorious about death.

when your big brother at home wants to beat you, because you did something wrong, or he feels you wronged him,
there is a way you speak to him to make him calm and stop. something like.
I know you're my big brother, you're bigger and stronger than me, we're family, we aren't supposed to be fighting each
other, what will our parents think, and don't forget when brother fight to the death, a stranger inherits their properties.
we are supposed to love each other if not for ourselves, for our parents and our family name. please calm down and tell
me where I went wrong so that I can learn from you and do better.


there is no big brother that you'll speak to like this that won't calm down. if he wanted to kill you, he might just slap you
and stop

220 Likes 17 Shares

Re: US Increases Oil Imports From Russia by Emoc: 9:09am On Apr 05, 2022
You Crane in the mud cheesy

6 Likes

Re: US Increases Oil Imports From Russia by AbdulHakeem44(m): 9:10am On Apr 05, 2022
Redoil:
lies lies more lies and smear campaign to make the USA a laughing stock

How much does US pay you to defend them all the time cos I know if it was Buhari thing, that is the question you would ask?

45 Likes 1 Share

Re: US Increases Oil Imports From Russia by kingsways: 9:10am On Apr 05, 2022
Chai

America is wicked o

7 Likes

Re: US Increases Oil Imports From Russia by tobillionaire(m): 9:10am On Apr 05, 2022
Leave these people and let's unite to conquer our own challenges

8 Likes

Re: US Increases Oil Imports From Russia by Fr33born(m): 9:10am On Apr 05, 2022
grin grin grin grin grin grin grin grin grin grin grin
Re: US Increases Oil Imports From Russia by Kuriosmynd: 9:10am On Apr 05, 2022
Russia grabbing them by the balls

16 Likes

Re: US Increases Oil Imports From Russia by tutudesz: 9:10am On Apr 05, 2022
America agenda comes 1st always!! I just dey pity Taiwan, because when China start with them lipsrsealed

48 Likes 2 Shares

Re: US Increases Oil Imports From Russia by Oddfinder: 9:10am On Apr 05, 2022
I'm happy gullible and emotional nairaland ppl are seeing the hypocrisy and deceptive nature of the US.

27 Likes 1 Share

Re: US Increases Oil Imports From Russia by vonnelixir: 9:10am On Apr 05, 2022
This is obviously fake news....

6 Likes 2 Shares

Re: US Increases Oil Imports From Russia by money121(m): 9:10am On Apr 05, 2022
Ok

2 Likes

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