Author: BlackMask Financial

Posted on

Tusk: Airspace violated by huge number of Russian drones

Polish Prime Minister Donald Tusk took to X on Wednesday to reaffirm that his country’s airspace was “violated” by multiple Russian drones. The event resulted in a two-hour closure of the airspace over Chopin Airport. “Last night the Polish airspace was violated by a huge number of Russian drones. Those drones that posed a direct threat were shot down. I am in constant communication with the Secretary General of NATO and our allies,” Tusk wrote. According to Ukrainian President Volodymyr Zelensky, Russia fired around 455 drones and missiles at Ukraine overnight, of which at least “eight strike drones aimed toward Poland.” The Operational Command of the Polish Armed Forces said it had detected drones in its airspace during a Russian attack on Ukraine and scrambled its NATO air defenses to shoot them down. This marks the first time in the war that Poland has directly engaged with Russian assets in its airspace since Moscow’s invasion began in 2022.

NN: NATO is caught sleeking again. Poland will be the next domino to fall to Putin. NATO needs to take aggressive military action. The lefties won’t let them It’s the lead up to war in Europe all over again1

Poland weighed NATO Art. 4 after Russian drones

Polish President Karol Nawrocki stated on Wednesday that Warsaw considered invoking NATO’s Article 4 following Russia’s overnight drone incursion on its territory. Nawrocki noted that the National Security Bureau “discussed the possibility of invoking Article 4 of the North Atlantic Treaty,” as it was convened after he visited the Armed Forces Operational Command Center at dawn, where he met with Prime Minister Donald Tusk and senior generals. Further deliberations will take place at the National Security Council within 48 hours. Nawrocki called the incident “an unprecedented moment” for both NATO and Poland.

NN: Time to send Polish pretty girls to school in America and brush up on their Russian.
Posted on

Israel targets Hamas leadership in Qatar

The Israel Defense Forces (IDF) announced on Tuesday that they conducted a strike against the “top leadership” of Hamas in Qatar’s capital of Doha. They claimed the targeted officials are “directly responsible for carrying out the October 7 massacre and managing the war against the State of Israel.” The IDF added that it took steps to minimize harm to civilians, “including the use of precision weaponry and additional intelligence information.” There is currently no information on casualties.

Trump said to have greenlit Israel’s Qatar op

United States President Donald Trump greenlit Israel’s plan to strike Hamas leadership in Qatar before it materialized, Channel 12 reported on Tuesday, citing an Israeli official. The source added that Hamas Political Bureau Chairman Khaled Mashal was among the group’s delegates present in Qatar at the moment of the strike. Israel previously tried to assassinate Mashal in Jordan in 1997, during his first tenure as the organization’s head. After conducting the strike, the Israel Defense Forces (IDF) insisted that the targets were “directly responsible for carrying out the October 7 massacre and managing the war against the State of Israel.” Previously, Trump warned Hamas to accept a new ceasefire deal with Israel, labeling it as his “last warning.”

NN: Message to Hamas never overplay a losing hand 
Posted on

Oil climbs 1% on reports of EU’s sanctions on China

Crude oil prices increased by more than 1% on Tuesday after a report claimed that the European Union is pondering new sanctions on China for buying oil and gas from Russia. The report follows United States President Donald Trump’s warnings that he is “ready” to increase the sanctions against Russia after the latest attacks on Ukraine. Investors also digested the Organization of the Petroleum Exporting Countries and its partners’ (OPEC+) recent output hike that was more modest than expected. The West Texas Intermediate (WTI) for deliveries in October rose by 1.38% at 4:31 am ET, going for $63.05 per barrel. Meanwhile, Brent for November’s settlements climbed by 1.24%, selling at $66.84 a barrel at 4:32 am ET.

Posted on

Trump ready for ‘phase two’ of Russia sanctions over Ukraine conflict

WASHINGTON, Sept 7 (Reuters) – U.S. President Donald Trump said on Sunday he is ready to move to a second phase of sanctioning Russia, the closest he has come to suggesting he is on the verge of ramping up sanctions against Moscow or its oil buyers over the war in Ukraine. Trump has repeatedly threatened Moscow with further sanctions but withheld them as he pursued peace talks. The latest comments suggest an increasingly aggressive posture, but Trump stopped short of saying he was committed to such a decision or what a second phase might entail. Asked by a reporter at the White House if he is ready to move to “the second phase” of sanctions against Russia, Trump responded, “Yeah, I am.” He did not elaborate. Trump has been frustrated by his inability to bring a halt to the fighting after he initially predicted he would be able to end the war in Ukraine swiftly when he took office in January. The White House did not immediately respond to an email on Sunday seeking comment about what steps Trump was contemplating. The exchange was a follow-up to Trump’s comments on Wednesday defending the actions he had taken already on Russia, including imposing punitive tariffs on India’s U.S.-bound exports last month. India is a major buyer of Russia’s energy exports, while Western buyers have cut back in response to the war. “That cost hundreds of billions of dollars to Russia,” Trump said on Wednesday. “You call that no action? And I haven’t done phase two yet or phase three.” Treasury Secretary Scott Bessent said on Sunday that the U.S. and the European Union could heap “secondary tariffs on the countries that buy Russian oil,” pushing the Russian economy to the brink of collapse and bringing Russian President Vladimir Putin to the negotiating table.
Posted on

US reiterates call for Europe to stop buying Russian oil

United States Energy Secretary Chris Wright called on European countries on Monday to stop purchasing Russian oil and gas, if they want Washington to impose additional sanctions on Moscow. In an interview for the Financial Times, the energy secretary stated that Europe should buy US natural gas and other fossil fuel products in order to fulfill the terms of the US-EU trade agreement. “We think it’s good economically for Europe. You want to have secure energy suppliers that are your allies, not your foes … The other reason is a huge goal of the Trump administration, and I believe of the EU, is to end the Russia-Ukraine war. Russia funds its war machine off oil exports and natural gas exports and if you cut off European purchase of those, it shrinks their money,” Wright commented.

NN: Despite sanctions Russia is the world’s largest exporter of oil and natural gas.It’s what funds its warmachine Their are much more expensive alternatives for consumers
Posted on

Netanyahu: Israel is in war against terror on all fronts

Israeli Prime Minister Benjamin Netanyahu said on Monday that Israel is fighting a “mighty war against terror on all fronts,” after an  terror attack in Jerusalem killed six people and injured 10 others. He told reporters that Israeli authorities are “encircling” the villages where the suspects, identified as West Bank Palestinians, came from. Netanyahu claimed that the Israeli police, military and intelligence forces have “thwarted hundreds” of planned attacks in the West Bank since the start of the year. He also reaffirmed that Israel intends to “destroy Hamas” in the Gaza Strip and free all remaining hostages.

Posted on

Oil up over 1.5% amid Russia sanctions threat

Crude oil prices rose by more than 1.5% on Monday after United States President Donald Trump stated yesterday that he is “ready” to intensify pressure on Russia with additional sanctions, further fueling supply worries. On the other hand, the Organization of the Petroleum Exporting Countries and its partners (OPEC+) decided to raise oil production by 137,000 barrels per day (bpd) in October The West Texas Intermediate (WTI) for October’s settlements increased by 1.78% at 2:22 am ET, going for $62.97 per barrel. At the same time, Brent for deliveries in November went up by 1.77%, selling at $66.66 a barrel.

Posted on

Oil Gains as Constrained Output Hike by OPEC+ Hints at Caution

  • Oil climbed after OPEC+ agreed to raise production at a modest rate, highlighting some caution from the group as the market heads into an expected surplus.
  • The Organization of the Petroleum Exporting Countries and its allies will add 137,000 barrels a day in October, smaller than the increments scheduled for the previous two months.
  • The market will be monitoring whether boosting production quotas will actually translate into higher exports from OPEC+, with some members facing pressure to compensate for earlier oversupply and forgo their output hikes.

Oil climbed after OPEC+ agreed to raise production once again but did so at a modest rate, highlighting some caution from the group as the market heads into an expected surplus. The hike marks the reversal of cuts that were set to remain in place until the end of 2026, and follows the rapid return of idled barrels over recent months, as the alliance abandons efforts to shore up prices in favor of reclaiming market share. Traders initially expected a pause, but OPEC+ opted instead — in an 11-minute meeting — to press ahead with its bold strategy. Brent climbed above $66 a barrel and West Texas Intermediate rose toward $63, moves that follow sharp drops at the end of last week on signs an output hike was on the way.

Prices pushed higher after Bloomberg News reported that the European Union is exploring new sanctions on Russian banks and energy companies as part of its latest measures to end the war in Ukraine.The Organization of the Petroleum Exporting Countries and its allies will add 137,000 barrels a day in October, smaller than the increments scheduled for the previous two months, but a looming glut is still hanging over the market. Early last month, the International Energy Agency predicted the surplus would reach a record next year, which Goldman Sachs Group Inc. forecasts will push Brent to the low-$50s a barrel. The global benchmark is down more than 10% this year, with President Donald Trump’s trade tariffs also weighing on the energy demand outlook. OPEC+ said on Sunday that restarting the remainder of the 1.66 million barrels of cuts would be contingent on “evolving market conditions,” and increases could be reversed. The group’s faster-than-expected return of idled barrels over recent months stunned sections of the oil market, but prices have held up relatively well following an initial slump in April.“The market had expected a bigger unwind,” FGE NexantECA Chairman Emeritus Fereidun Fesharaki said on Bloomberg Television, adding that oil could still fall below $60 a barrel into the end of the year and the start of 2026. “Until you actually see inventories building up, then there will be no impact.” FGE NexantECA Chairman Emeritus Fereidun Fesharaki believes there is a ‘serious possibility’ that oil prices could fall below $60 by the first-quarter of next year. The market will be monitoring whether boosting production quotas will actually translate into higher exports from OPEC+. Some members such as Kazakhstan are facing pressure to compensate for earlier oversupply and forgo their output hikes, while several other producers lack spare capacity. Saudi Arabia’s Crown Prince Mohammed bin Salman is visiting Washington in November to meet with Trump, indicating there could also be political considerations behind the supply decision. The US president has repeatedly called for lower fuel prices as he seeks to tame inflation. China’s stockpiling of roughly 200,000 barrels a day in recent months has helped to support demand, Frederic Lasserre, global head of research and analysis at Gunvor Group, said at the Asia Pacific Petroleum Conference in Singapore on Monday. Still, the country might not be able to absorb all of the impending market surplus, he added.

NN: What horse shit, A lot of Russian oi is stuck on tankers. Pries in the sixties is shutting in production, And sanctions on Russian and Iranian oil are coming

Posted on

OPEC+ to raise production by 137,000 bpd in October

Saudi Arabia’s Crown Prince Mohammed bin Salman

The Organization of the Petroleum Exporting Countries and its partners (OPEC+) announced in a Sunday statement their decision to increase oil production by 137,000 barrels per day (bpd) in October from the 1.65 million barrels per day additional voluntary adjustments announced in April 2023. In a meeting that reportedly lasted only approximately 13 minutes, the group recommitted to “a cautious approach and retaining full flexibility to pause or reverse the additional voluntary production adjustments, including the previously implemented voluntary adjustments of the 2.2 million barrels per day announced in November 2023.” The next gathering is scheduled for October 5. The decision came after OPEC+ reportedly decided not to make changes to production baselines before 2027. The group previously advocated for cuts.