• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 2 days The United States produced more crude oil than any nation, at any time.
  • 16 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 22 hours Bankruptcy in the Industry
Editorial Dept

Editorial Dept

More Info

Premium Content

Russia May Not Hold Presidential Elections


Politics, Geopolitics & Conflict

The latest from Moscow comes in the form of hints dropped by Kremlin spokesperson Dmitry Peskov to the effect that Putin could potentially opt to not hold presidential elections next March. Peskov’s reasoning is that an election would be irrelevant because Putin would so clearly win. “Our presidential election is not really a democracy, it is costly bureaucracy... Mr. Putin will be re-elected next year with more than 90% of the vote,” Peskov told NYT (later claiming he was misquoted). In the run-up to the invasion of Ukraine, Putin saw to it that the constitution was changed to allow him to run for president again and remain president until 2036 (a tried and true mechanism in countries in the Central Asian region). Since then, he has outlawed mass protests and either jailed or forced into exile real opposition leaders.

In Ukraine, the running theory is that Kyiv is attempting to disrupt Russian oil exports through the Black Sea as part of its latest counteroffensive. A Ukrainian attack last week on a Russian vessel in Novorossiysk Bay suggests that Russia’s oil export infrastructure is being targeted in a new twist in this conflict. Ukraine attacked the vessel with naval drones. A second attack shortly afterward targeted a Russian oil tanker near the Crimean Bridge. Finally, Kyiv has declared six Russian Black Sea ports “military threat zones”. While these attacks so far have not registered…

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News