Russia's Desperate Scramble - Joe Blogs
Russia is rapidly losing control of its overseas energy empire.
With the U.S. sanctions deadline of 21 November now just days away, governments around the world are seizing, nationalizing or blocking Lukoils foreign assets and Russia may never receive a single dollar in return.
In this video I break down the extraordinary global fire-sale now unfolding:
Why the U.S. sanctions deadline is so critical
How Bulgaria, Moldova, Kazakhstan and others are moving to push Russia out
The latest on Iraq, where Russia declared Force Majeure at the 480,000 barrel-per-day West Qurna-2 field
Iraqs firm rejection of the Force Majeure and threat to force Russia out of the project
Why buyers are scrambling to acquire Russias assets at distressed prices
How Russia may lose its entire international energy footprint almost overnight
This situation is escalating fast and the implications for Russias economy in 2026 could be enormous.
For specific details please check out the CHAPTER list below.
Chapters:
0:00 Intro
4:09 IRAQ
6:06 BULGARIA
9:00 AFRICA
10:35 MOLDOVA
12:11 ROSNEFT
14:20 SUMMARY & CONCLUSION