India cuts intake of Russian oilPosted by Jimmy Cooper / August 20, 2022
India has cut its intake of Russian oil, switching to cheaper Saudi supplies.
Russia has become the second biggest oil supplier to India. According to a new report, Russia was able to easily reroute the oil exports that usually went to Europe, meaning there was no real slowdown in Russian oil production. President Zelenksy announced that he will seek to bring war crimes charges against big banks like JPMorgan Chase, Citi, and HSBC for financing Russia’s war in the Ukraine.
After stripping down a Russian drone, Ukrainian intelligence discovered that it was made up of parts from around the world—despite sanctions against Russia.
Fortunately western governments are at least trying to help the war effort in Ukraine. The UK government announced that it will send both artillery and drones to Ukraine. Zelensky’s office has also confirmed that the United States will train F-15 and F-16 pilots.
The Ukrainian defense minister has announced the country hopes to build a “million-strong army” to beat back the Russians.
Two weeks ago, Australia sent ammunition to Ukraine, in response to Zelensky’s pleas. Ukraine was reporting a shortage of ammunition, threatening to halt their defense against Russia. International governments have so far been generous with weapons. Poland has announced that it will sell $650m worth of heavy weapons, including self-propelled Howitzers, to Ukraine.
Sweden and the UK have also joined a growing list of countries sending another round of advanced weapons to Ukraine. Spain is sending state of the art, German-designed tanks to Ukraine to help fight the Russian invaders. Germany has announced that it will send modern anti-aircraft missiles and radar systems to Ukraine. The United States will also be sending Ukraine medium-range rockets, according to President Biden.
The Russians, by contrast, are beginning to struggle in terms of weapons. The Ukrainian military says it has destroyed an ammunition depot as the fighting in Donbas intensifies. Such destruction has led Ukrainian military analysts to conclude that the Russian military has depleted its modern military equipment. Russia has more woes than just equipment. Over a hundred Russian national guard soldiers have been fired for refusing to fight in Ukraine.
Russia’s parliament has eliminated the age limit for military service as they scramble for more soldiers. The Russian military is also offering bonuses four times bigger than a soldier’s monthly salary. British military intelligence has estimated that Russia lost a third of its invasion force.
Alexander Lukashenka, the dictatorial leader of Belarus, has admitted that the Ukraine war is not going according to plan. The German industrial giant Siemens is planning to leave Russia after almost 170 years, as a result of the Ukraine war.
Vladimir Putin’s $989 million megayacht has been seized in Italy. In terms of such seizures, Chuck Schumer said that the United States will sell seized Russian oligarch’s assets to benefit the Ukrainian war effort.