Russia

Here we go again. After all of the incidents that have taken place over the last few months between the U.S. and Russia, capped by NATO moving 4,000 troops to the Russian border, one would assume that the antagonizing would stop, at least for the time being.

Then again, the U.S. will do whatever it pleases.

As Sputnik reports, yet another U.S. surveillance plane flew close to the Russian border earlier today, although as of right now it is not clear if it was again intercepted by a Russian flanker.

The fate of oil companies and nations hangs in the balance of oil prices. Russia could go broke. Some think that’s by US design. Saudi Arabia could experience its Arab Spring if oil prices remain too low too long. And OPEC is dead. That’s the biggest news in this new century for oil.

When Crimea's secession to Russia was accepted by Putin, the logical next phase of the process was to cut off Crimea's reliance on Ukraine for energy, and fully integrate it into Russia's supply network. That phase has now been completed, as the fourth and final line supplying electricity from mainland Russian to the Crimean peninsula has been completed according to RT...

Submitted by Eugen von Bohm-Bawek via Bawerk.net,

Another month, another OPEC meeting beckons for 2nd June. But unlike typical meetings on the Danube (let alone dust filled haze of Doha), the producer group might just have a new King in town. It comes in the form of Russia; the number one global producer that’s not even technically a member of the cartel. Confused? Don’t be. The argument is quite simple.

U.S. and Russia are about to face a nuclear stand-off that has the potential to lead to WW3. The two old super-power rivals are talking past each other when it comes to the deployment of the new U.S anti-missile system in eastern Europe aimed at allegedly stopping Iranian missiles. Russia understandably sees it as a direct threat by the fact of its proximity, likening it to Russia deploying anti-missile systems in Cuba and arguing that it is not directed at the U.S. but a rogue state beyond.