As the crisis in Ukraine escalates, the oil freight rail line Gazpromtrans, a subsidiary of the Russian state gas monopoly Gazprom, said that it had stopped taking orders for the transportation of liquefied petroleum gas (LPG) to Ukraine on Feb. 18 onward due to rising political tensions between the two countries. Gazpromtrans told its clients…
Russia’s Gazpromtrans Stops Accepting Orders for LPG Shipments to Ukraine
February 24, 2022
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Business & EconomycommoditiesCompanieseconomic policieseconomyEuropeGazpromMarketsRussia ukraine conflictRussian natural gasUSWorld
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Washington’s Policy Failure in Ukraine
Commentary The Biden administration seems to have thought it could scare the Russians away from Ukraine, so refused, on principle, to negotiate. The Russians were not scared off, and we and our allies (not to mention the Ukrainians) are without much of a policy. In fact, the Biden administration has failed to execute both a…
Russia’s Move Into Luhansk and Donetsk Sends Nickel, Aluminum Prices Soaring
February 22, 2022
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aluminumBusiness & EconomycommoditiesEuropeFighting In Eastern UkraineMarketsNickelRussia ukraine conflictWorld
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The prices of nickel and aluminum have spiked after Russia declared two pro-Russia areas in Ukraine as independent regions and moved troops into the country. Russia is a major producer of these two metals. Aluminum prices, which were trading around $3,270 per ton on Feb. 21, jumped 3.67 percent to around $3,390 per ton on…
The Steep Cost of Sanctions for Europe and Russia
Commentary The escalation of tensions in Ukraine has reminded us of something many investors seemed to have forgotten: geopolitical risk. Sanctions and the inevitable drop in trade have proven to generate a significant negative impact on the different economies involved. We know from the 2014 Ukraine crisis that the economic hit is severe and persistent….
Oil Prices Maintain Upward Momentum Over Mounting Ukraine Tensions
February 14, 2022
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Business & EconomycommoditieseconomyEuropehigher oil pricesMarketsRussia ukraine conflictrussian gasUSWorld
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Oil prices broke through a seven-year high level amidst tensions that Moscow could invade Ukraine and lead to the triggering of sanctions against Russia, the world’s third-largest producer of oil. As of UTC 12:18, April Brent Oil futures were trading at around the $94 per barrel level. The last time oil hit those levels was…
EpochTV Review: Did Biden’s Past Dealings with Ukraine Cause the Current Conflict with Russia?
February 12, 2022
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Biden russia ukraineEpochTV ReviewsOpinionRussia biden newsRussia ukraine conflictRussia ukraine newsRussiagate
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Commentary In “Over the Target,” a recently added series to EpochTV, host Lee Smith and Brandon Fallon talk about the conflict that has been brewing at the Russia–Ukraine border. Will America get involved, and what is the media not telling the American public about the root cause of this conflict? Currently, tensions are running very high at…
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