TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

One move by Putin ensures massive oil shortages in all of Europe and U.S

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
April 20, 2022
in Africa, Americas, Europe, Geopolitics, Global Issues
One move by Putin ensures massive oil shortages in all of Europe and U.S
Share on FacebookShare on X

You thought oil prices were cooling down?

You thought the worst was behind you? You thought the oil supply was stabilizing?

Also Read

Russia enraged with West’s missile escalation, claims “Europe once again gathering under the Nazi flag”

West fuels the fire? Green light for Ukraine to use long range weapons, Russia warns that the move will drag in NATO

Strangled by the West? Putin’s Call for Reciprocation

Well, you were wrong, but it isn’t your fault really. You were lied to.

You were lied to by the Biden administration and its lackeys. Europe was also made a victim of the White House’s lies. Guess what? Vladimir Putin has just pulled an ace from under his sleeve, and one move by him has once again wreaked havoc in oil markets around the world. Just when America and Europe thought they could somehow survive the oil price hike caused by the war in Ukraine, Vladimir Putin struck them.

Have you heard of Libya?

Source- Daily Express

Of course, you have. It’s a North African country torn by war. Two factions are fighting in Libya – the LNA and the GNA. The Libyan National Army is led by General Khalifa Haftar and is supported by Russia, UAE, Egypt, Saudi Arabia, and others. The Government of National Accord is supported by the likes of Turkey and the United States.

It is in Libya that Russia has pulled a fast one over the West.

Libya’s Unexpected Oil Crisis

Oil prices rose on Monday by 1 percent, with Brent crude topping $113 a barrel. Adding to supply pressures from sanctions on Russia, Libya’s National Oil Corp on Monday warned that “a painful wave of closures” had begun hitting its facilities and declared force majeure at Al-Sharara oilfield and other sites.

What is causing these closures, you might ask?

The answer is simple – Russia.

World Cup: Russian Workers Being Taught How to Smile Before Tourists Arrive
Source- Business Insider

It is being reported that pro-Haftar forces and tribals in Libya shut down the county’s largest oil field. The Al-Sharara oil field produces around 450,000 barrels a day. Libya’s daily oil output has now plummeted to 800 million barrels a day, down from 1.2 billion barrels.

Separately, Khalifa Haftar’s supporters and his forces also shut down the al-Feel oil field and the Zueitina terminal on the Gulf of Sirte. The closure of the terminal forced the Libyan National Oil Corp. to stop production in the fields of Abuatufol, al-Intisar, al-Nakhla, and Nafura. Interestingly, the area where such closures have taken place is controlled entirely by Haftar’s forces.

America and Europe Must Brace for Impact

Libya is a major producer of oil. America and its allies, including those in Europe have been looking to cut down on their dependence on Russian energy. That the United States actually ramped up its oil imports from Russia towards the end of March at an unprecedented scale is a separate matter altogether.

Read more: The United Shame of America – US sneakily ramps up the import of Russian oil after sanctioning it

Essentially, shutting down oil fields in Libya at a time when the world is in dire need of an increased oil supply has come as a rude shock for the West. There is already a lack of alternatives to Russian oil, and Libya cutting down on its daily output will have rather painful ramifications for oil prices and overall energy supplies around the world.

Spain and Italy are considered top buyers of Libyan oil. Therefore, Russian President Vladimir Putin is using his influence over General Haftar in Libya to create further shocks in oil supplies, that could potentially jeopardize European energy security. Putin is basically strongarming the United States and Europe to not take any hasty decisions against Russia’s energy exports. If they do, they must be prepared to deal with unexpected scenarios created by Vladimir Putin in different parts of the world.

Tags: EuropeGlobal Oil CrisisLibyaLibyan civil warPutin
ShareTweetSend
Sanbeer Singh Ranhotra

Sanbeer Singh Ranhotra

।। Political Enthusiast ।।Compulsively Opinionated ।। Aspiring Journalist ।। ਮਨ ਨੀਵਾਂ ਮੱਤ ਉੱਚੀ ।।

Also Read

U.S. Trade Court Blocks Trump’s Tariff Plan

U.S. Trade Court Blocks Trump’s Tariff Plan, Citing Overreach of Presidential Authority

May 29, 2025
UK pushes military presence in the Arctic provokes Russia

UK pushes military presence in the Arctic provokes Russia

May 29, 2025
Germany deploys 40,000 soldiers near Russia’s borders, NATO prepares its flanks

Germany deploys 40,000 soldiers near Russia’s borders, NATO prepares its flanks

May 29, 2025
U.S. government will work to “aggressively revoke” visas of Chinese students-Marco Rubio

U.S. government will work to “aggressively revoke” visas of Chinese students-Marco Rubio

May 29, 2025
Israel Says It Has Killed Hamas Leader Mohammed Sinwar in Gaza

Israel Says It Has Killed Hamas Leader Mohammed Sinwar in Gaza

May 29, 2025
Andrew and Tristan Tate in major legal trouble again as they face 21 charges in the UK including rape and trafficking

Andrew and Tristan Tate in major legal trouble again as they face 21 charges in the UK including rape and trafficking

May 29, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.