Who's winning the energy battle between Russia and the West? | Counting the Cost
Vložit
- čas přidán 9. 09. 2022
- An all-out energy war between Russia and the West threatens to deepen Europe's energy crisis, putting pressure on governments to make interventions in the energy market to rein in soaring prices.
But it also puts the Kremlin's revenues at risk and is meant to stem the flow of funds into its war coffers.
Moscow's earnings from energy exports are expected to rise by 38 percent this year. Western capitals say they want to cut off that financial lifeline. The G7 have agreed to cap the price of Russian oil, and the European Union plans a cap on Russian gas prices, too.
In response, the Russian president said he will "freeze" European countries if the price caps are imposed.
Subscribe to our channel bit.ly/AJSubscribe
Follow us on Twitter / ajenglish
Find us on Facebook / aljazeera
Check our website: www.aljazeera.com/
Check out our Instagram page: / aljazeeraenglish
@AljazeeraEnglish
#Aljazeeraenglish
#News
EU can put a price cap, but the producer can stop supply products to EU.
You're one step behind Putin. European LNG gas depots are 90% full and well prepared for a cold winter. Northstream should be permanently removed.
Russia can do that. Not making any money on their very primary oil and gas sales is not going to go down well in Russia.
@@neilnelson79 India and China 🇨🇳 buying all European oil
@@marcoarko4751 Europe does not produce any oil. India and China will not buy European oil bought from Russia because they can already get a discount from Russia.
EU should not trade at all with Russia so I am happy that no more gas is flowing. EU will be OK, and soon it will not need anything from Russia at all. Russia needs to be frozen out of all international trade until they completely pull out of Ukraine and agrees to pay reparations to Ukraine for the horrors they have caused.
They keep thinking how their actions will effect Russia, without mentioning how their actions will actually harm themselves as well.
They’re retarded
Lol seriously. "I won't buy food anymore." OK... But you'll starve....
Price to pay for not proactively managing the human population. To reach the 1st billion, it took from the beginning of humanity till 1900. So by any reasonable estimate, it took close to 500,000 years or more for the human population to reach the 1st billion. Since 1900, we have added another 6 billion and counting. So we added another 6 billion in just 121 years? Considering a finite amount of resources (including air and water) and land, what makes one think there will be no adverse impact of continued population growth?
Europe is aware of how much their Russian actions will affect them. There is a war on.
@@Ruzo-yc2wb ,Are you suggesting Depopulation of 5 eye countries and West to practice English Darwin theory !? It would be practice What you preach 👏
The EU president is just a nut!
Ketiboa...are you a bot?
Zionist old pissi
Agree with you 😃👍🏼
Is that you Putin? 😂
@@fredrikh9299 hahahahahha.....
you sick
The professor is block-headed or dishonest!
He dodged the Russian accusation that European countries are diverting Russian and Ukraine grain to feed themselves and their livestock.
yep
KetiBOT Blay... 😬
When did you stop beating your wife
Everyone who trust the Russian word right now, must go and examine their heads
exactly! its typical western propaganda... like the propaganda praising the former queen whose billions were acquired by centuries of slavery & loot of other cultures
"The Weaponization of Energy, that has been done by Russia" - Simone Tagliapietra. No, sir. The weaponization happened with OPEC a long time ago. The weaponization happened with Sanctions against energy from Russia - by the Western States.
1. US broke its promise not to use SWIFT to sanction other country. 2. US gained control of SWIFT in the name of terrorists laundered funds through SWIFT.
How US Dollar can become a weapon????
You have to go back and tell the reaoson to opec was, that the industrialized denied to pay what was a more fair price.
So they got organized. It also paid off. You got a world market, where all the buyers could buy the samme stuff to almost same price. The ones having oil got paid much better. It sounds fair to me.
Well, you can "ask for weaponisation" if you sanction export, then cry about lack of..."Insert goods here". Just call the Producer "evil"?
Nope. Putin did it and he is not a western leader.
Should there be a price cap on European and American industrial goods too? Why not, for fairness?
Hallo Ketiboa . An excellent idea 🤣🤣🤣
Europe didn't invade Ukraine
I'm agree with you 😊 price cap to all Europe and US products.
@@fritzeph6550 pricecap all you want! You can’t buy them anyway 😆
@@torrokasparov2210 pls pricecap all commodities that you can’t buy anyway! 😂
"Who's winning the energy battle between Russia and the West?"
the right question is who has and owns energy, who doesn't
there you have your winner
Yeah!, just use your common sense analysis and even an elementary pupil can easily answer it correctly! 😄😄
...cant sell anything without a buyer !
@@artvictor5044 clearly you need to go back 🤣
They never ask the right questions,that's their job,we are adults not stupid young children...
@@steveb890 If one is willing not to buy, for how long...until their economic collapse or until people's power overthrow the government.. go figure
Since when did the G7 have the right to set the price of gas that changes hands between other sovereign states? In a nutshell it demonstrates everything that is wrong with the American and European attitude to the rest of the world. Are they going to send gunboats?
Since when a sovereign state invades and go to war with another ?
@@miguelcoutinho6878 'When said sovereign state violates treaties and agreements and negotiates to join NATO and build a nuclear missile base on one's border. This is nothing more than a repeat of the Cuban missile crisis. Stop being so childishly naïve.
@@miguelcoutinho6878 Iraq, Syria, Libya , yemen.... some African countries and caribbeans Islands...
@@miguelcoutinho6878 since west's Libya bombing which is still not solved people suffering is not stopped. Syrian are still suffering. moreover west helps usa to steal Syrian oil even today. i know they are not in Europe therefore they have no right to talk plus no blue eye we know you bro.
@@annabellelee4535 Stop being so childishly naïve yourself thinking that anyone believes that russian propaganda that you are spreading here. Cuba gave up nuclear missiles in return for the US guarantee not to attack it. USA has been honoring that agreement. Ukraine gave up nuclear weapons in 1991 for peace assurances from Russia. Russia broke that agreement and will pay the price.
As u post now, EU dropped Price Cap on Russian gas due to worse case aftermath. EU might not survive this war with Russia. US is very happy over depletion of precious EU wealth, which was looted over centuries from poor countries.
Shhh don't tell them
@geranienbaum lol 😂, check out Namibia 🇳🇦 and see what Germany 🇩🇪 has done there.
The EU has something way more powerful and that is human resources. People are well educated, diligent and hard working. In the US everyone is stupid and in Russia most people are uneducated farmers.
@geranienbaum Germany was one of the barbaric gang of thieves and murderers that stole the equivalent of hundreds of trillions of dollars worth of wealth that belonged to China.
EU might not survive this war? are you kidding? you think an economy ten times of another collapses because of energy transitions where there are alternatives and storages are already filled? Agains someone whos fighting a super costly war, facing sanctions that build over time and loses its biggest and cheapest buyer of the merch thats more than half the income of the state?
I want to push for a price cap on iPhones. It's ridiculous that they charge $1,200 when it cost only $600 to produce an iPhone. I'm happy with a price cap of $700.😅
No. It's actual product cost is $350-$450
Ok the we'll cap iphones at $500
They charge $1200 because they can. End of story.
Less than $600, it produced in china, so about $178.99, plus tax from communist people of china. Glory to chairman mao zedong and xi jinping .
@@scalarnai maybe cap it at $199.88 plus taxes.
Russia from 1960 been on sanction and nothing new. The European Union who has never been on sanction are the one that worries
Sure, dream on.
Petrol station- $3 a liter of petrol
EU- no, we are price capping you and paying you only $2 a litre
Petrol station - you're not getting it for $2, now please move along as we have China and India waiting behind you!
Is getting that liter of petrol to china or india free? Fantasy always sounds easy.
@@JGold-cu5mo LOL, Russia has been selling oil and gas to China and India for years. Unlike the EU, India and China pays their bills and acts like grown up countries. Unlike the whiny and threatening US UK EU.
@@JGold-cu5mo nope, but it's very cheap. Oil tankers will switch destination mid shipping if someone pays a dollar more. You really don't understand this market. But if you disagree, go long EU and short oil... put your money where your mouth is. I'm buying oil producers, I can't wait to sell the EU oil and natural gas at idiotic prices from America and Canada. Stocks making 30-100% dividends rofl.... Life is good. Except in the eu
@@Tential1 Which stocks are seeing those dividends?
@@Tential1
i am also interested in the particular stock symbols that give you 100% dividends.
i dont really care about anything else. just the symbols.
thanks.
Winter is coming and only in January will we see how much Germany and the whole EU is in trouble.
💯✔️Agreed👍️
Now Western people searching foods, in the name of poor people 🤔😂😂😂🤣🤣🤣
And they choose Africans for that. What trickery!
Russia is India's friend. Nato countries not provoke Russia by selling Nato membership to Russian border countries. This is needed for global peace?
Seriously Al Jazeera, these are the so-called "experts" that you bring on. The head of one of the largest energy companies in the Europe said yesterday that it may cost Europe over one and a half Trillion dollars to bail out energy companies. Please, get your act together and get experts on who know what they are talking about.
Europe has 85% of gas reserves in now. I doubt it will take half a Trillion to bail out Europe's energy companies.
@@neilnelson79 ,Rich comings from an English useless tool !
@@neilnelson79 It's gas, not Gold they're using it each day the numbers go down and the supply from the US and Qatar will take months to arrive and it's frozen not like opening the tap and you get gas from Russia. many industries can't function without gas as they can't melt steel and glass with electricity,
@@neilnelson79 a full 100% of gas reserves is only 25% of yearly fuel consumption. They only have 20% of the years energy in reserve which means in 3 months they will not have any.
You were fooled by a stat that although accurate is highly misleading just like they wanted you to believe.
@@jeremyramey3221 Europe has 85% of gas in reserve. How much they will have in three months requires us to measure the availability of the other energy sources.
In my humble opinion, the EU and Russia will suffer both in short and long term. Replacing Russian Oil at any cost is more expensive than keeping it. The wisdom of keeping it drove the growth of the German industrialized engine for decades, made Europe competitive and economically secure. By not resolving the post-Soviet era geopolitical challenges that threatened Russian interests in Europe, EU showed lack of tact in protecting its own interests. In yielding to American narrative of having a weak Russia, over European interests, the EU allowed a major war on its territory after so many years. The EU had the wisdom to broker the Minsk agreement but lacked the will to ensure that Ukraine obeyed it. It is safe to say that it is the EU's weakness rather than American pugnacity that brought about this war. If the EU had stopped America through NATO from poking Russia in the face, the cheap oil and gas would have kept Europe running, its future secure and its interests safe.
On the part of Russia, it is currently selling its oil and gas at a discounted rate to the East at the cost of losing its historical neighbours. It's wasting its resources on a useless war ( even though for them it's an existential one), limiting its growth opportunities in the areas of technology and rich western market. A supplier that fights with its buyers suffers no matter who else buys from them. Making new friends and neighbours will cost Russia much more than keeping the old and time-tested ones. The only winner in this conflict is America. Biden has through this proxy war returned America to a prominent influential level in Europe, and a buzz name in International Police-Keeping, something it lost with Trump, he has also increased the sales of its Oil, Gas and of course its heavy arms and ammunition. Most importantly, it has without force or diplomacy made Europe on its own to increase its commitment to increase its military expenditure under NATO. This is something they haven't agreed to do for years.
With the war, Europe will spend more on oil and gas, lose its competitive advantage, spend more on defence and above all, now begin to worry about a new angry and unusually bellicose neighbour, who no longer has anything to lose fighting you.
My advice is for Europe to rethink its strategic role in the emerging world. If it continues with its current position, it will be consigned to the sad edge of history.
Russia convinced Europe now to increase its military expenditure and armies. Another winner is China.
Oil and gas have no future anyway. My advice is for everybody to rethink its hatred for the US while ignoring the homegrown problems and stop using oil and gas. There are better energy sources.
In 3 years the pipeline from Russia to China will be ready.
In 3 years EU will get their energy elsewhere.
We have to see what happens in these 3 years.
Wow, that was not a humble opinion but a knowledgeable one.
Except EU philosophy was not a weak Russia, but a rich Russia.
EU gets cheap gas, Russia gets easy money. If Russia behaves they get rich, if they make war, not.
@@kfhroe8262 Actually, the pipeline Power of Siberia 2 is not as big as the current existing pipelines to Europe and they will have a single buyer now. China of course wants cheap gas and will negotiate for that knowing Russia has no other buyer.
Which global interest is EU pretentiously protect?
globalist pigs interests
A M R R I C A interest
A M E R I C A first
Well...international law, peace, the right of Nations to determine their own fate...I could go on KetiBOT....(and it’s “protecting” BTW)
Europe problem are world problem... but world problem not Europe problem LOL
@@jespertrans7132 Wrong, NATO invaded Iraq even though no Nuclear weapon existed their.
Well done Russia....We Indian people are always with you
You dont lve in India.
Good riddance!
Don't talk behalf of all Indians.
Oil, gas are essential and compulsory for any country. Putin has it
Yes he does...and he’s trying to grab even more in Ukraine...consider yourself lucky og you’re not his neighbour
So does the West
Putin made it clear at the economic forum, the west days are numbered. Russia is looking to the east.
@@jespertrans7132 Putin has zero interest in Ukraine other the kicking NATO out!
Why is this so difficult to understand?
All Putin wants is a neutral Ukraine!
Thats right. But he is not the oly one. Nordstream has made EU lazy. The replacement plan is delayed too much. Now it will speed up again. Until then we will have problems and has to solve them.
Wrong don't put India's name without knowing anything, India itself exports wheat and is not in need of Ukraine s wheat
For now. With the climate change affacting that region the most, very soon india will have to start importing wheat too. This year alone, India stopped all of its exports to feed their people. The coming years will be much harder.
@@mojo1388 in the next year hopefully russia will be using newly acquired territories in former ukraine to grow wheat.
so i wouldnt worry too much about that.
@@sabin97 funny, they aren't able to grow on their home land. They will grow on the land which is under war 🤡.
@@trickyabb
oh yeah. the land currently occupied by ukraine is extremely good for growing wheat. so hopefully russia will take it, and grow wheat there.
agricultural land is best used for what grows best in it, instead of trying to amend it to grow something else.
As I recall it its forbidden this year by Modi.
🤣🤣🤣 Everything these guy's are about is assumptions " I think, we know . It is simple answer a child can answer. "Who is winning . 1 ' The one that has the resources and control over his resources or ' The one that has the big office with media to announce latest global rules sanctions & global controls on who today, while he can't control even energy companies that celebrate biggest profits ever in his own country at time his people are struggling. Lol
Syria Libya Kuwait and Iraq have resources who is stealing looting oils and Gas from poor people nation,who is winning
Hilarious
Hilarious
It was a mistake that the West EVER trusted Russia. We’re paying the price now. We will however NEVER give in to that sick hegemonistic autocratic f...!
Lol! If you have a ton of oil and cannot sell it or gain as much it costs you to extract, than you have lost.
1st put price cap on Norway or European union producers for life time and USA producers, next cut the salaries on top level management
price caps are so left idiology and that on its own declairs why they wont work....Left folks need to wake up and start living in the real world....From a nickle and a dime to a empire...aldo we need to make sure the race to the top is more fair and everybody starts from the same point....its a shorter distance if ur a millionre already and can speculate on the markets while not contributing to the real world....Greed is the best instinckt pp have if exploited the right way.....problem is just that....banks fail you dont bail them out...there discissions let to there failure...let the bank go bust just pay the depositors back...
Im so tired of those russian adventuries. They all start with once upon a time their might come. They also all hope we will go down to their livingstandard,because they cant come up to Ours.
Even all Our donated weapons in Ukriane dont work and the Russian ones are exelent.
@@jensholm5759 what planet are you on its Russia getting a kicking, don't believe Russian propaganda they are going down rapidly and cutting gas will only hurt themselves
@@davedixon2068 I believe in nothing in those matters onless its there. It goes for women too. Its not enough to be claen, have clean sheets, a bottle of wine, 2 glasses and some candy.
I made a very human mousetrap once too. hey mouse could never escape form thee. But i also could not come in it :( So I dont expect too much for the world and myself in anything ;)
I will give you a clue. Since the sanction were imposed Russia has recorded record earnings, the best performing currency of 2022, increased influence with key partners like China, India, and Turkey. The EU/UK are facing a cold miserable winter, The Euro and the Pound at their lowest point ever, the cost of living crisis in the EU many times higher than in Russia.
not according to the russian central bank
So Norm...are you moving to Russia??? 😂😆
sept10, -Reuters， 😂EU to claw back energy firms' profits rather than cap Russian gas price. No balls to do it.
@@jespertrans7132 and why is EU not cutting off the gas instead of just talk talk ?
@@jespertrans7132 yes, go there
You sanctions are deeply grimdimg your own economy. EU bureaucrats don't seem to get that into their heads .
EU economy is still going, tourists are travelling, flying, taking train journeys, riding and fixing cars. I couldn't say the same about the ruzzians. No planes are taking off, 30% of their train carriages are unable to operate, and they are unable to fix or build their own 💩 Lada cars. They are losing jobs since most western companies have left the country. Europeans are getting higher bills but that is ok, as long as ruzzia pays the price for invading a free country ☺️
You English is so pathetic it can only be Russian.
Fake Indian.
EU should start with price cap on USA LNG.
How will that punish Russia??
Sure, why not?
Russia winning the energy battle between Russia and the West
Energy battle yes. But once Europe re-routes its supplies that win is finished. In every other facet Russia is in trouble.
Russia lost its biggest customer that provided Russia with 50% of its income.
*Winning?*.
Europe is now trying to fix prices worldwide to help everyone, but that would ruin Russia since high prices are the only thing that is saving Russia after the loss of EU as a customer.
@@45641560456405640563 Re-route from where? I don't want a bunch of irresponsible Europeans bidding up my electricity and home heating fuel prices.
russia increased slaes to the two BY FAR most populous countries on earth. so much so that their profits this year are even larger than last year.
and i doubt europe will get more suppliers.
african countries are ware of their former colonizers.
algeria already kicked out macrone. and hopefully the other african energy producers will do the same with the rest of europe.
so they will have to buy blood-tainted oil from the arabs. at a very high price.
the west(usa and its lackeys are NOT representative of us) is with china, india and russia in this particular matter.
so russia will do ok.
and so will we.
usa and its lackeys will suffer far more than anyone else.
@@sabin97 Do less drugs FFS....
Who is winning the energy battle? Who is going to be warm this winter? Who is going to be well fed this winter? The country with plenty of food and energy supplies is the winner. That is obviously Russia. We can take it further, whose currency is strong? That is obviously Russia.
It's only the US, who will finish it's proxy war against Putin, but as usual they are the big losers again. Ukraine payed with blood, the EU payed with there economy
🤣🤣🤣🤣🤣🤣 no, it doesn't work like that.
The strongest and richest economies will win. russia economy will slowly collapse due to sanctions....
@@francescoguzzetta The sanctions are destroying the EU, they're losing businesses like crazy, and the UK may lose up to 60% of their businesses due to the cost of energy. No, Russia is thriving, and the US UK EU are wilting under our own sanctions. It's rather funny. Also, the debt to gdp will also determine who survives and who doesn't. Most of the UK, EU, US economies have 80 to 135% debt to gdp. It is unhealthy for an economy to get over 60%. Oh, if you're interested, Russia is less than 17% debt to gdp. Russia has a very healthy economy.
@@annabellelee4535 that's completely BS.
EU GDP is growing 3% (like China!) in 2022, while russia will contract -5% (official russian data from TASS).
Inflation in EU is at 8%, in russia 17% (official russian data).
EU gas reserves has been filled at 85% one month in advance, and the energy supply has been diversified enough, while russia cannot sell its gas to anybody else (there are no pipelines) once EU will stop buying it.
You can tell all the BS you want, but those are hard facts.
Sorry mate, you cannot change reality: russia is destined to collapse, just as its army is collapsing in Ukraine... 🤣🤣🤣🤣
@@francescoguzzetta The EU isn't a country it is a political entity, the countries that are in the EU Bloc are losing money fast. Germany's gdp is dropping due to increased energy costs, businesses are closing. Germany is in a recession. Russia is not, Russia, due to the increase in energy costs does not have a shrinking gdp. The projected shrink didn't happen due to Russia diversifying their trade eastwards. Even the ruble is stronger than it was pre-conflict. France is entering a nasty recession, the US and UK and Spain and Italy, etc. are all in recession. That is reality, I don't understand why you have a problem accepting reality.
Why not have a cap on individual wealth? A cap on income? A maximum wage?
Loving the concept. A link between minimum and maximum incomes.
Name your multiplier!
My opening bid, one thousand! To generous?
Many agree with that kind of logic sense. I feel it too. After some level making money as we see, it must be theft.
Not enough will decide that. Most very very rich also makes a lot of jobs. By thats the rich pay tax and the taxpayers as well. Very much is about having good taxsystems, which is more realistic.
By that Denmark has free scholls, free education to the top level where Youfx can be a doctor, a lawyer or and ingenier for free. We have free ambulanced and its impossible to pay or anything in the hospitals apart from candy and newspapers. Healtcare is almost free. We all get a sober pension. If we cant work in an early age we get a before time pension and a lot of extra help fot it.
Patients in hospitals get the same beds, food, treatment a.s.o. no matter what.
So we do have really really rich people and in world companies too - BUT they are taxed and high incommers pay much more then little middle classs me.
Got my vote
Agree!
The seller determines the price they sell at! Good luck with that EU. Russia can sell all over the world, the east wants all the energy they can get. It’s the east that is where the population is and will be. It’s going to be a very cold winter in Europe.
0l
No ...The World market sets the price , based on supply/demand....if its too high they wont buy it , simple !
What you'll see if power is a problem is all our coal plants fire up again. You'd have to be dumb or a bot to think people will diirectly suffer for the climate.
Don't worry about us in the west. If need be we can go without russian gas. We won't sell out the people in Ukraine for a commodity.
@@steveb890 the market price is high If tge EU cant afgord it, let it deal without gas and oil
As old saying goes “ don’t bite the hand that feeds you
Unluckily Putin did not know it.
Who can win energy battle? Simple. Who have energy.
Off course it was Russia!🥰🥰🥰
why can't they understand that very simple fact ?
@@zeanu2015
They know it very well but arrogance and the inability to accept that they no longer rule the world make them do anything. They can no longer steal energy, raw materials and are overwhelmed in technological fields and no longer represent anything in terms of percentage of populations and that makes them furious like a parent in front of his children who have become adults.
You want the short answer? Russia is winning
👃👈
Nukes flying soon 💣
The people voted these individuals into positions of power and now they must suffer the consequences. Voting is a matter that should be taken seriously.
Voting doesn't matter. It never did.
For Russian there was no choice...
Neither are the EU council voted in by the people in the EU people
@@MusehanaH What?
Paul Donovan skirted the question on grain going to wealthy countries. India stopped exporting grain several months ago when it became known that the countries least in need and most wealthy re directed exports to themselves. Now Russia is possibly exposing this happening to its exports.
if not mistaken, 70+% to EU, 30% to other.
Yes, he didnt Answer the question.
All the grain is going to the western world, not africa.
Except it is not true.
It's about time West learn to sustain themselves. 🤓📢
Pay your dues. 🌄
You're one step behind Putin. European LNG gas depots are 90% full and well prepared for a cold winter. Northstream should be permanently removed.
FU Russian BOT Humiliation is happening right now in ukraine
To whom?
Russia has the Energy, and a military to keep it.
Putin stopped the looting, that's why they don't like him.
Yeeerrr. Putin has gas. A stinker blimp. We might even build a wall to keep them out from here. hey are not Europe. We are.
What military? The second best military in Ukraine?🤣😅
The Speaker is just waffling. A lot of Russian oil comes to China by pipeline by LT contracts. How does the outside world cap that ? As to maritime oil, China is a short distance from Vlad, China and Ru both have own insurance under-writing. How does G7 interfer with that. This hegemony unlimited telling RU-CN how to trade between them in Ruble/RMB is just total BS, totally unpractical.
Nice questions. You think the retards in the west ever thought of that? Now they ruin their economies and harm their underwriting business. Democracy in the west seems to be to vote the biggest retarded idiot into power and then follow him into the end.
European companies who own oil tankers can't abandon the business of transporting oil from Russia. They wil start using Russian or Chinese insurance. THe effect of the price cap will be to destroy the European monopoly is maritime insurance. But the G7 has to do something. 70,000 people demonstrated in Prague last week to end sanctions against Russia and even leave NATO. If there is no hope of bringing energy prices down this will spread all through Europe. The plan using insurance won't work and they probably know it. But they have to appear to be doing something.
what gas pipeline to china
And vonderlayen can't see that, she's completely out of touch with reality
@@MegaCarling11 my friend where on earth are you living that you are asking a question like that?🇯🇲🇬🇧
Germany is spending 65 billion Euro to subsidize energy for its citizens. All across Europe people are feeling the pinch of sanctions. This price cap on Russian energy is just doubling down on nonsense. Good luck in winter. Stay warm.
The correct policy would be to remove sanctions on every country including Iran and Venezuela. The increase in supply coming to market would reduce price for everyone including Russia.
EU is crippled with power crisis. The world economy is interdependent . It’s impossible to isolate super power without dire consequences.
The west only does tins that favour them. If Africa can follow the Russian actions Africa can never be no matter the level of corruption.cos we will sell more for less
EU leaders, try go to nearest gas station and say I want to pay only $2/liter see what happens
Those crazy people NEVER pay for their own fuel/
This conflict has reduced aljezeera into a useless news station.
It's quite unfortunate
Just point out what they have presented wrong in the report instead of beating around the bush.
How? Is there no War???
@Dean Clark Just point out what they have presented wrong in the report instead of beating around the bush.
@Dean Clark its in Qatar's interest to force Russian energy off the market. Higher prices and more profits for them.
"weaponization of energy by Russia"? But the EU freezer $300 billion of Russia's energy savings. Anyway, I find it hard to listen to analysts that are not objective.
You mean Russian.
Buy expensive in USA. This war is about that.
🤣 There is no US, it is US billionaires. People in the US are suffering themselves from high energy costs. But I think, You mean from the unreliable US billionaires that are experts in making profits at the costs of people's lives , that exploited their own people.
No matter Who wins or loses the ultimate result is the ordinary people in the West Will suffer, not only the developing countries all because of reckless policies certain political leaders pursue. The appropriate question is, Who will suffer?
Ruzzians will. People in the west will survive. We would rather pay higher costs but see ruzzia fail.
usa and its lackeys are not representative of the west.
we in the west are with russia in this particular matter.
we still trade with them.
so russia will be ok, and so will we.
usa and its lackeys will suffer more than anyone else.
and i'm ok with that.
There will be no winners. That concept is idiotic stupidity!
The appropriate answer is: it is Putin fault alone.
@@kfhroe8262
i blame the ones who chose a filthy yoo as their leader.
There's one thing that we've got to underline here, talking about the weaponisation of energy is total lie and fallacy. Who imposed sanctions on who? And who listed the number of goods and services that will no longer be held between those that were partners before the Russian "special military operations"? These are the questions, and the so called experts have not tabled on that, they're assuming that Russia will soon suffer the consequences of the imposed sanctions. But for the time being, let's agree that the sanctions have backfired and Russia is far long doing better than those that have imposed the sanctions. Europe is buying oil and gas from China and India which in turn buy from Russia, process it and resell with profits to Europe. Where is the impact more felt in terms of price? Food for the thought.
We are talking of energy. Since recently sanctions did not mention energy or it was all in the future.
Do your homework!
@@kfhroe8262 hahaha. No sanctions, ofcourse.
@@azzazel225 Right, no sanctions to energy until lately.
We all know that Sanction are deeply grinding in to the Europe economy 🤣🤣🤣
Core inflation is increasing in the US and Canada...it is not easing. Misleading.
seeing as how europe is plainly expressing their daownfall, due to the economic war on russia, i'd say russia is winning tyhe enery wars. which is ironic, because europe and america started it
Russia is winning? It's not the Euro and Dollar that is worthless. Australia surpassed Russia in nominal gdp few days ago
Russian companies cannot default and declare bankruptcy
@@johnwill8350 neither is the ruble.yes, russia is suffering some consequences of the sanctions. it aint bracing itself to freeze to death for the glory of the american empire. btw, russian income from the enregy sector is actually at record high... thanks to those sanctions
I see no real downfall. The rest of the world is falling too. Its a mix. before Covid there already was a small recssion. then Covid and now alså tradewars between China, USA and Europe. Here Russia is nothing and a declining nothing.
The only improvements for Russia are early death, which saves ension. The many dead ones in Ukraine also solve the big unimployment rate. It also solve to feed less chidren even the Putin church might demand poygami or Gulag.
@@jakepistolero that's about to disappear and it won't comeback after the war because everyone now recognises that Russia isn't trustworthy bye bye Russia
@@jensholm5759 is this wjy the entkre european union is scrambling ti gind energy fie the winter?? Covid did not do that.
One usa was colony of uk now whole of Europe is colony of usa 🤣🤣🤣
They do whatever the US orders.
Subsidies on Petroleum in Indonesia??
Indian Government actually taking 120% Tax on Petrol and diesel ,, 🤣 and prices are stable since 6 months, and inflation 6%, lowest since 3 years, Gdp growth 13.5%- highest ever, Thank You PM Modi,
Modi is absolutely bossing it, best indian PM in a long time
Very good overview. Thx 👍
It will be a big problem to get enough gas, but the bigger problem will to get enough gas "at a reasonable price". The European industry will be unable to compete in any way with Asien suppliers, Cars, machines, industrial goods of any descripotion. They will have to speak to Russia or face a possible severe recession which could last for years. Without affordable energy, living standards will drop.
Why not the US pays for the worlds biggest energy crises.Instead of financing on the war for nothing.When there are multiples of poor's,sectors and the neediest.Yes is because the US have finance to emphasis cash and weapon,Even if they are wrong.
Humanity at test
Russia is insuring its own ships. Even Lloyds of London said the insurance ban will do nothing.
LLOYDS
@@michaelfraser5723 thanks
As long has they do not sail in other countries where the Russian insurance is not accepted...
@@kfhroe8262 Those ships would not unload there so those who placed the sanctions would not receive the oil/gas. Russia can live without the money. Can these countries live without the oil/gas ?
@@theinsignificantstoic1230 Russian oil and gas? Sure.
Russian also can live without Xbox and Playstation, but will be not so happy.
If you never try something, you never miss it.
Now Russian have tried decadent Western trinkets and will miss them.
Putin will not sleep well...
The great Russia of course
Naive European minds!
Why do they think Russia cannot also diversify its economy to be less dependent on EU?
Of course they can...buying main stream stuff that is...advanced circuitry, components for civil aircraft and so on...not very likely. Back to horses and steam...and Ladas 😆
I use my Lada to tow broken down and out of power EVs. They are very grateful , extremely embarrassed and repentant about rubbishing my Lada!
RUSSIAN MALE LIFE EXPECTANCY 68.4 Bangladesh/Life expectancy 72.59 years (2019)
Russians’ Social Well-Being Now Below that of Philippines(2017)
Russia Now has More Prostitutes than Doctors, Farmers and Firemen Combined, therefore diversification may be possible.
They Will have to! There’s no way back now. Good riddance! Horses get a second chance in Russia now! 😂
@@thomaskearney9224 Lada is coming back in style! 😂
Answering question "who is winning" - for me answer is obvious Russia is winning now. But this is a long term confrontation and who knows what will happen
Winter is Russia best friend 😉
Dear Sergei. I hope that you and your’s will be okay. But. This is a longterm battle, that you cannot win. In the end you will be poor, dependent on China and India. I sincerely hope, that you will rid yourself of the current regime. Nobody here have a beef with the russian people!
Does not seem that way. Thankfully Russia is losing ground now. Hopefully there is a brave Russian willing to put a bullet in the tyrants' head. Would save the world for a lot of grief.
To my opinion we are heading towards nuclear war doomsday.
Winning the military war? There are no winners. Winning the economic war? It depends on their ability to recover. Europe it's looking pretty bad, but it still has huge resources it can draw on in the medium term. Whereas, Russia has lost 50% of its export market indefinitely, and logistically, it looks like they simply can't move that amount of oil and gas to make up the shortfall. Either way, it's a tough few years ahead for the whole world.
These UE leaders must be sick. They have been taking actions as if Russia will be there sitting and waiting until things starting falling down.
Offcourse who has the energy he wins.
If he cannot sell it and gain, he will lose.
how do you tell a supplier that you only going to pay what you want to pay???
because he has to sell his product
Western people can do things whatever they desire,
You can pay rs 2 per dollar
@@cmlon maybe I should go tell apple that I will only buy their iphone 14 at 20 dollars instead of 900 dollars, why hadn't I thought about that nice idea.
@@cmlon so stupid, can i buy your house for $1?
Sanctions on Iran for 44 years ,yes they made the Iranian people to suffer but at the end independent cost just like American independence from England.
There is no country called friend or enemy, whether in war or peace. As long as there is mutual benefit, you are friends! If a country with a large or small military force abandons their common interests and fights, both will suffer! Therefore, let's give priority to humanity, not politics. Let's save precious human life. It's a matter of time, but all this war will end with an agreement!
Agreed!
Ursula's idea of capping the cost of oil does not appear reasonable with economics. EU will probably fail miserably.
There we go again. The usual prediction mainly made as hopes from below a belt. Maximum prices are well known. Sometimes they make illegal trade.
Probably. Russia surely will.
German underestimating Russia. Never gets old
just wait until winter comes XD
Just have to point something out. These geniuses just observed Ukraine lose half it's GDP, and they are betting Russia will be too afraid of consequences, correct? Just had to make sure I heard it right.
Mr. David Beck is hilarious 😂
The logic of the EU is to get all consuming countries to discriminate against Russian oil. The appeal to dissenters, China and India, in this scheme they say is cheaper oil for all. Exactly how OPEC will react to this blatant market manipulation remains to be seen. Nevertheless, the EU scheme is an appeal to India and China, neglecting to understand that these countries also depend on Russia in other ways than energy. For example, arms, if countries are forcibly imposing caps on Russia, tantamount to stealing its revenue, how can they turn around and ask Russia for arms?
Over the past couple of decades, the EU has gotten drunk with believing itself as a necessary - for Europeans - economic and moral superpower. Not only did the Brits shatter the necessity pillar, but the Russians have now shattered the economic pillar. Leaving the EU with only its media propagated virtue-signaling moral clothes, and everyone in Europe and elsewhere can see a self-inflated EU giant reduced to the size of a chihuahua.
OPEC is a cartel. Talk about market manipulation.
He who laughs last laughs best. That would be the West.
@@calebatolagbe986
to be fair usa and its lackeys are not representative of the west.
the west is with russia, china and india on this particular issue.
Sure, buy Russian weapons... or cardboard ones, it is the same...
That blondy chihuahua vanderlayen isn't smart at all by caping the price of gas , they'll drive the price really high, because it will be rare on the market
Without Gazprom all these small distributors edf, power bla bla bla... e-on and more will just disappear
See what happened to libya, IRAQ, Syria،
The ending is what?
Libyan Oil,
IRAQ oil,
Syrian oil.
You MISSED EVERY prognosis you made in last 6 months.....Don't you think that we are that stupid
How do you set a price cap on a commodity of one country but forgetting that commodity is produced by multiple countries. Does Europe think Saudi Arabia will take pleasure on that move. If you can do it to Russia, you can do it to them.
No matter what You say things already are subsidized aroiund the word. Its often cheep food and vitals like for bread and oil.
Sure. Why not?
Russia of course is wining so far
Who's winning the energy battle? This question reflects how the west approach the situation, someone has to "lose".
Trade is a win win situation, not a win lose.
Ok, EU managed to get rid of gas, now it´s going to get rid of oil. I wonder what brilliant idea comes next.
Europa is done , no cheap gas no Europa
are you sure?
@@cmlon 100% you can't eat dollar are euro. My energie price get from 200 to 800 and i get 2000 in month for everthing. 900 house . Now you have a idea
@@rumas3352 I have no idea of what you are rambling about
@@cmlon IQ of sheep
@@cmlon no wonder! Google translate, IQ of sheep
Russia win
Who's that bloke using china scare tactic? Russia may be minor player economically to China but it will be treated with respect, unlike NATO, which wants to break Russia
Interesting, thank you!
I thought western leaders including that economic expert were smart 😆
working from home is a big energy saving? for who?
EU as a fuel (gas and oil) net importer wants to put a price cap and expect the suppliers to comply with it? Is it an out of season April Fool joke? Are they truly adults?
First, of course Russia will not comply with it. If EU don't want to pay the asking price, they won't sell.
Second, major fuel exporters such as OPEC will also oppose that idea. Why? Because if EU successfully put a cap on Russian oil and gas, I bet they will try to do that with oil and gas from other exporters as well.
So, the price cap, in my opinion is truly stupid. But I can't say who can bear with it longer, Russia or EU.
Well said
Russians, or Chineese or whatever you name it are not a problem here.
Idiots in market offices here in EU are.
They put the price on on russian oil and gas, same as gas from middle east and our domestic production.
There’s no gas to cap so now what ?🤦🏾♂️🤷🏾♂️
15:00 minutes in, I still don’t know the answer to the title’s question.
You are not the sharpest tool in box, innit?
6:30 So the price cap demanded by the EU is not out of self-interest, but actually because the Europeans want to help the rest of the world. That's of course quite generous and noble!
It's not helping anyone selfish interest if EU care for lives they should stop the war by agreements not funding it
Finally someone from the EU actually talking sensibly for a change. It’s refreshing.
Heinz beans are the winners, everyone is now eating beans to keep warm and heat their homes with the excess farting....
Ukraine will take Europe down with it🤣
Ukraine=Europe.
Putin will take russia down with him 🤣
as soon as. ww3 will be start. US and EU will lost the war. and israel wants ww3 for power.also, US will lost worlds lead. he will lost lead. cause Israel.
@@Random_Guardsman if Ukriane is Europe, what is Russia?
@@chh6741 It's Russia.
And the middle East, the power house of energy exporters have disagree with price cap.. They don't want 2 prices for gas...
USA and EU : Putin How dare you doing us what we do to other people?
Totally US is fooling Europe simple example
iPhone will be release in Russia 🤩 So for American product can be sell in rissia no secntions 😂😂😂
What would happen if Russia cut off all the oil and gas coming into Europe & use their submarines to sink the ships that carries them??? He he he!
The former is to be expected. The latter would effectively be a declaration of war. Errrr, he he he!
Russia would become a parking lot !
Another U-boat attacks but in our present time of the 21st century! But this time it could be the Russians and not the Germans!
One of the dumbest interview from Al Jazeera English, your guest can't even keep a straight face when he makes up things (lies) in this interview, LOL
LOL I would love to tell my utility company that my neighbours and I are putting a price cap on the energy costs that we are will to pay. Sure... that will work... I am sure of it!
I wish that prices of these commodities rise until the EU politicians come to their senses.
God bless the victims and families of the cowardly attack on the US, 21 years ago.
Simple, Qatar n SArabia
U think they would help EU and usa after what they said about QATAR WC and SAUDI MBS?
Europe cap russian gas price.. Russia capped the gas to europe. 😂😂
Why did the african countries only getting 3% of the grain that was brokered by turkey and russia. It reminds me of the 60 million Indians who starved to death while being occupied my the UK during the world. Was it Napolian who said let them starve?