Trump’s Diesel Deal Makes Europeans’ Heads Explode
Europe’s leaders spent the weekend condemning an agreement Donald Trump reached with Vladimir Putin on Friday. In the agreement, President Trump will ease American restrictions on Russian diesel sales, and Russia will release 360,900 tons of diesel immediately, 601,500 tons in November and another million after that.
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Diesel could be the key to midterm elections: If shipping and trucking cost more, everything costs more. In American states with big agricultural industries and lots of diesel-consuming farm machinery and tractor-trailers, diesel prices could directly impact the vote.
The view from Europe: Ukrainian President Volodymyr Zelenskyy called the deal “absolutely terrible” and “not fair and not honest.” Sweden’s former foreign minister, Carl Bildt, branded it “deplorable.”
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European Union foreign-policy chief Kaja Kallas said it would provide Russia with “more revenues to wage war.”
It’s completely hypocritical. The EU receives about 12.5 percent of its natural gas from Russia, worth around $8 billion per year. The initial 360,000 tons of diesel, by way of comparison, would be worth around $400 million wholesale.
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Europe would be buying much more from Russia if not for pressure from Donald Trump. By pushing Europe to move away from buying Russian gas, he has deprived Putin of far more revenue than he just opened up for him.
Ukraine continued to strike Russian oil refineries after the deal. After all, it is at war with Russia, and oil refineries are important military targets. President Trump, however, was outraged by the strikes and said, “It’s time for Ukraine to get a new president.”
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On Sunday, Trump announced he had brokered an “energy ceasefire” between Ukraine and Russia. Hours later, Russia hit a power plant in Kharkiv. Either President Trump is lying about the ceasefire, or Putin ignored it.
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President Trump did not have similar criticisms for Putin as he had for Zelenskyy.
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Shutting down Ukrainian energy infrastructure had been an important Russian tactic even before the war began. It seems unlikely that Putin will give up this leverage.
Once again, Europe and the U.S. are divided, with both sides quick to condemn, accuse and see the worst in each other.
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Jeremiah 1:13 describes Europe in our time as a “seething pot,” a cauldron boiling over with resentment. This comes out in many ways: Its readiness to attack Trump over this deal is just one.
The situation also demonstrates the importance of energy. Eurointelliegence wrote this morning:
It was the Nazis’ shortage of oil that led to Hitler’s most catastrophic military decisions. Iran is powerful because it has a hold on the world’s most important transport bottleneck for global energy supply. China is on course to build the world’s largest system of renewable energy infrastructure to make itself independent on imports. The EU is greater risk of being smoked out than anyone else on the planet right now.
Watch for Europe to fix that. Germany will soon unveil its own deal with Russia. It is also preparing to expand into the Middle East.
In World War ii, the Nazis lost the war in part because they lost control of the Mediterranean and North Africa, which cut them off from the Middle East’s oil.
“[T]his time around, Germany has learned its lesson,” wrote Trumpet editor in chief Gerald Flurry. “It will not allow Europe’s soft underbelly to be controlled by its enemy. For this reason, Germany is moving again to conquer the Mediterranean.”
Germany’s seething resentment of Britain and America will soon prompt it to attack. But first, it needs better access to oil and gas.