Author: BlackMask Financial

European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas claimed on Saturday that the Russian military has significant power and an “enormous” budget, which it “will want to use again,” if not in Ukraine, “then somewhere else.” Speaking at the Doha Forum, Kallas insisted that, when it comes to the negotiations about a ceasefire in Ukraine, Russia, as the “aggressor,” cannot be rewarded with territory, as it would send the wrong message to the international community. She also noted that there are no “two parties” in the conflict, just Russia as the aggressor and Ukraine as the victim. Furthermore, Kallas confirmed that the EU is discussing the use of Russian frozen assets as a loan to Ukraine. She noted that the bloc consists of “27 democracies,” so it is a process that takes time.

Musk: How long before EU is gone?

Tesla Inc. and x.AI Corp. Chief Executive Officer (CEO) Elon Musk took to X on Saturday to express his wonder about “how long” it will be before the European Union disintegrates. “How long before the EU is gone?” Musk wrote on X, adding “AbolishTheEU.” In a previous post, the entrepreneur claimed that “the EU should be abolished and sovereignty returned to individual countries, so that governments can better represent their people,” Musk wrote on X. Musk’s comments came amid his ongoing feud with the EU after the bloc fined X €120 million for breaching its Digital Services Act (DSA).

NN: Make no mistake about it. Ukraine is the lab rat in Russia’s conquest of Europe.  I do not believe the lefty liberal commies realize how much of  a danger they are  in with Russian invasion of Ukraine. Its the start of their conquest of Europe

A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as the market will have to replace Venezuela’s heavy crude—the bulk of Caracas’ crude exports, according to Rystad Energy.   Venezuela is estimated to pump about 1.1 million barrels per day (bpd) of crude oil at present. If the U.S.-Venezuela tension escalation into a U.S. incursion in the South American country, this volume of crude would be at risk, depending on the scale of military activity, the energy intelligence firm said.     “Although the volume is small in terms of global trade flows, the quality is unique as over 67% of the output is heavy,” Rystad Energy noted.  The U.S. military build-up in the southern Caribbean continues and a military intervention isn’t being ruled out.   If such an intervention occurs, Venezuela’s supply to China, its key and pretty much only customer, could be reduced or completely shut-in, according to Rystad Energy.   China depends on heavy crude supplies from Venezuela to maximize secondary conversion unit utilization. “The Venezuelan grades are an ideal fit for these refineries, and the loss of supply would tighten the heavy crude oil balance,” Rystad Energy reckons.  As a result, the overall tightening of the global heavy market would boost the prices for the heavy grades that the U.S. imports, especially the Canadian heavy crude grades. A temporary loss in Venezuelan production is also expected to push up the price of the Dubai benchmark against ICE Brent as Asia will scramble to replace the lost Venezuelan barrels, according to Rystad Energy.  Earlier this week, Kpler said that potential supply disruptions would shift Chinese and U.S. refiners toward alternative heavy grades across the Americas and Middle East. The closest substitutes for Venezuela’s flagship super heavy grade Merey in terms of API and sulfur are to be found in its vicinity—Colombian grades such as Castilla, Apiay, Magdalena, and Mares, according to Kpler’s analysts.

NN: And don’t forget Ukraine.  Russian Press Secretary Dmitry Peskov,  stated that Russia will continue with its military operations in Ukraine if Kiev does not negotiate. The lack of progress in the Ukraine peace talks spurred expectations that a peace agreement, which could restore Russian oil flows, is still not close to being concluded. 

 

Kremlin Press Secretary Dmitry Peskov affirmed on Friday that Russia wants a peaceful settlement to the Ukrainian conflict, but warned that Moscow will continue military operations should Ukraine refuse to negotiate. In an interview with Russia Today, Peskov noted that the Russian pro-peace position was previously rejected by “Europeans and Ukrainians,” prompting Russian President Vladimir Putin to launch the military action. “Therefore, if we are unable to resolve the problem and achieve our goals through peaceful means, we will continue the SVO [special military operation] and do everything necessary to protect our interests,” he explained. Peskov also touched upon Putin’s ongoing state visit to India, noting that India has a “fairly balanced approach and is pro-peace” and that Moscow has a chance to discuss all nuances of its position during the dialogue between Putin and Indian Prime Minister Narendra Modi.

NN: Their is no end to this war. And oil is starting to figure it out>

Russian President Vladimir Putin said in snippets from his interview with India Today, to be aired later on Thursday, that his country will take control of Donbass and Novorossiya by either military means or other methods. “It all comes down to this. Either we will liberate these territories by force of arms, or Ukrainian troops will leave these territories and stop fighting there,” Putin stressed. Furthermore, the Russian leader revealed that Moscow offered Kiev the opportunity to withdraw from Donbas and prevent military confrontation, but the Ukrainian authorities chose to enter into conflict. “We immediately told Ukraine, the Ukrainian troops: the people don’t want to live with you. They went out to the referendum and voted for independence. Withdraw your troops, and there will be no military action. No, they prefer to fight. Well, now they’ve had enough,” Putin emphasized.

NN: When you look at it beyond the spin its very simple. Trump is negotiating peace and Putin is negotiating Ukraine’s surrender

The crash Tuesday in the crypto miner American Bitcoin Corp. was instantaneous. At 9:31 a.m. on Wall Street, just one minute after trading started, its shares were down 33%. Five minutes later, losses had ballooned to 42% and then, by 9:56 a.m., to more than 50%.It was all so spectacular that American Bitcoin quickly became the symbol of not just the crypto market wipeout of late 2025 but also the collapse of the myriad ventures that the Trump family has been promoting in the digital-currency world over the past year. For as much as broader crypto markets have sunk these past two months — roughly 25% in the case of bellwether Bitcoin — projects that are tied to the Trump family are down far, far more. World Liberty Financial, co-founded by President Donald Trump and his sons, has seen its WLFI token tumble 51% from its peak in early September, more than both Bitcoin and an index of smaller digital tokens. Alt5 Sigma, a company promoted by the Trump sons, has plunged around 75% as it deals with a growing number of legal problems.

Then there are the memecoins named after the president and his wife, Melania, which have fallen around 90% and 99% respectively from their record highs back in January. American Bitcoin, which was co-founded by Eric Trump, is now down 75% after the big drop on Tuesday. It rose 11% in US pre-market trading on Wednesday.

These moves have put a big dent in the huge piles of crypto wealth that the first family amassed earlier in the year. But they also carry a broader significance for both the digital asset industry and the president’s public image. Trump’s embrace helped boost a wide array of crypto tokens during the early months of his second term and turned the price of Bitcoin into a marker of his political success.

These projects were all helped by policies and regulatory changes that Trump promoted, led by legislation that aimed to bring crypto stablecoins, tied to the value of the dollar, into the mainstream. But the signs of trouble have been mounting over time. The memecoins that were launched right before the inauguration, with lots of promotional muscle from Trump himself, have steadily lost money over time, with just occasional moments of relief, like the rally in April after the president offered to join some of the biggest holders of the coin for dinner.

NN: The SEC publicity stunt yesterday was trump tying to stem off the hemorrhaging of money as the families fortune is dropping as Bitcoin STARTS it death plunge

United States Securities and Exchange Commission (SEC) Chair Paul S Atkins said on Tuesday that he expects the innovation exemption related to cryptocurrencies to be unveiled “in a month or so.” “We were impeded a bit by the government shutdown. Obviously, we couldn’t work on things during that time, but we’re on track, and we will be able to forge forward with a crypto area and make sure that we are able to embrace this new area of innovation that, for too long, the United States basically has just pushed back against,” Atkins told CNBC in an interview. The SEC chair also announced new policies that are set to be implemented in the new year, which aim to enhance market conditions for initial public offerings (IPOs).

NN: I am voting with my wallet. As in shorting this rally back. See BlackMask Trade Reco titled: SEC to the rescue

A tanker carrying Russian gasoil was hit by multiple explosions off the coast of Senegal, marking the third case in recent days. The Mersin had made several calls at Russian ports this year before it met its fate on Monday. The vessel was later stabilized and placed under tow, with reports that crew members were safe. Gasoil is a fuel used for non-road applications like agricultural machinery, construction equipment, generators, and some heating systems. Ukrainian naval drones have been attacking sanctioned tankers in the Black Sea in recent weeks as Kyiv piles on the pressure on Russia’s vast oil industry. Last week, two oil tankers sailing to Novorossiysk, a major Russian Black Sea oil terminal, were hit, with Ukraine’s SBU security service later telling CNN that upgraded Sea Baby naval drones were used to attack the vessels in a joint SBU and naval operation. Identified as the Kairos and Virat, the two oil tankers sustained extensive damage and were effectively taken out of service. Kyiv has repeatedly urged the West to take action against Russia’s shadow fleet, which is helping move Russian oil around global markets and fund its war in Ukraine. Last month, the Trump administration announced fresh sanctions targeting Russia’s oil and gas giants, Rosneft and Lukoil. On Sunday, Ukraine delegates held peace talks in Washington, with U.S. special envoy Steve Witkoff now set to travel to Moscow for talks on Tuesday. However, whether or not Moscow will acquiesce to the newly proposed peace plan remains to be seen. The Trump administration has drafted a new 19-point peace plan that’s far more favorable to Ukraine compared to the original 28-point plan that heavily favored Russia. Some of the critical amendments in the new plan include no handover of the Donbas region to Russia for free, no automatic veto on Ukraine joining NATO in the future, and provision of Article 5-style protection for Ukraine, meaning the U.S. would be bound to intervene if Russia invades in the future. A proposal for full amnesty for war crimes that was part of the first plan has also been removed.

NN: Its time to hit Russia where it hurts the most. /its oil exports!

Bitcoin slid more than 4%, dropping from the mid-$90,000 range to a session low of $86,172. Last week, Bitcoin hit its lowest level since April, then recovered toward $90,000 after the Federal Reserve signaled support for another interest rate cut. That recovery proved short-lived as renewed selling now pushed the digital asset back toward $86,000. At 10:56 pm ET, the world’s most famous cryptocurrency was trading at $86,356.590, down 4.44%, while Ether was priced at $2,827.8169, reflecting a 5.49% drop.

NN:  Crazy people cannot see the coming wipeout. Soon we will begin shorting operations