War

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OPEC, allies to cut oil output amid declining crude prices

Oil-producing alliance OPEC+ announced on Monday it will slightly lower oil production in October, eliminating the 100,000 barrel per day increase that began this month.

OPEC leaders made the decision after gathering for a meeting, where they noted the 100,000 barrel per day increase was only intended for September. OPEC produces around 28 million barrels per day.

The 13-member alliance said in a statement the “higher volatility and increased uncertainties require the continuous assessment of market conditions and a readiness to make immediate adjustments to production.”
The price for a crude barrel of West Texas Intermediate (WTI) oil climbed 3 percent after the announcement, reaching $90 per barrel, while Brent crude was also up 3 percent to $96 per barrel.

President Biden traveled to Saudi Arabia, the second largest OPEC member nation, over the summer as high gas prices beleaguered Americans and sunk his approval ratings.

After Biden met with Crown Prince Mohammed bin Salman and fist-bumped the Saudi leader, OPEC announced a mostly symbolic increase of 100,000 barrels per day for September.

Gas prices have fallen to a national average of $3.78, according to the American Automobile Association, a significant drop from a historic $5 a gallon in June.

The oil market is expected to tighten with Russia threatening to cut off Europe from its gas supply over tensions with the war in Ukraine.

The price for a barrel of crude oil has also fallen from a high of around $120 for both Brent and WTI.
 

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Russia Cuts Off Gas to Europe Until Sanctions Lifted
Russia will keep gas supplies to Europe via the Nord Stream 1 pipeline shut down completely until the west lifts sanctions against Moscow over its invasion of Ukraine, the Kremlin says.

Kremlin spokesman Dmitry Peskov on Monday laid blame for the shutdown squarely on sanctions introduced against our country by western countries including Germany and the UK for Russia’s gas shutdown.

"Other reasons that would cause problems with the pumping don’t exist," Peskov was cited by the Interfax news agency as saying.
Peskov said full resumption of gas supplies via Nord Stream 1 was dependent on whether the west would lift its sanctions on Moscow.

"We see incessant attempts to shift responsibility and blame onto us. We categorically reject this and insist that the collective West – in this case, the EU, Canada, the UK - is to blame for the fact that the situation has reached the point where it is now."

When asked if Nord Stream would resume pumping if sanctions were eased, Peskov said: "Definitely."

Since he ordered the Feb. 24 invasion of Ukraine, President Vladimir Putin says the United States and its allies have embarked on economic war on Russia with the most severe sanctions in modern history, warning that they will face a energy crisis as a result.

Since the war began, European Union customers have pledged to reduce their reliance on Russian energy while Russia has cut or shut down supplies on three of its biggest westward gas pipelines while oil supplies have been redirected eastwards.

Russian gas giant Gazprom on Friday said the Nord Stream 1 pipeline, Europe's major supply route, was shut because a turbine at a compressor station had an engine oil leak, sending wholesale gas prices soaring.

The Kremlin says sanctions are disrupting the ability of Siemens Energy, which supplies and services equipment for the pipeline, to help repair the engine oil leak.

EU countries have repeatedly rejected Moscow's line, accusing it of weaponizing energy supplies, and on Monday German government spokesperson said the latest gas price surge was part of Putin's strategy.

The Kremlin also warned that Russia would retaliate over a G7 proposal to impose a price cap on Russian oil, a step that is unlikely to hurt Russia unless China and India were to follow suit.

"There can only be retaliatory measures," Peskov said.

By using its vast Siberian reserves of gas and oil to needle the West for its support of Ukraine, Russia has raised the stakes of the Ukraine war by unleashing a wave of inflation that could tip Europe's biggest economies into recession.
Russia is the world's second largest oil exporter after Saudi Arabia, the world's top natural gas and wheat exporter. Europe imports about 40% of its gas and 30% of its oil from Russia.

The Kremlin blamed Europe's political elites for its consumers' soaring energy bills.

"It is obvious that Europe is getting worse for people, entrepreneurs, companies, to live and work: less money is being earned, the standard of living is falling," Peskov said.

"And of course, ordinary citizens will have more and more questions about the leadership of their countries."

An estimated 70,000 people protested in Prague on Saturday, calling on the Czech government to do more to control soaring energy prices and voicing opposition to the European Union and NATO.

But an energy war has costs for an energy superpower too.

Selling oil and gas westwards has been one of Russia's most profitable trades since the Soviet Union built pipelines to Europe in the 1960s and 1970s, often in the face of fierce opposition from the United States.

Rerouting gas from the Urengoy field in northern Siberia to alternative customers such as China is no simple task: the Chinese border is 3,000 km (1864.11 miles) away and a pipeline would take time and money to build.
 

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Gas prices in the EU soared by 30% after the shutdown of Nord Stream
Gas prices in Europe at the opening of trading rose above $2,900 per thousand cubic meters. The growth was more than 30%, according to the data of the ICE exchange.

The cost of October futures reached $2,917.4 per thousand cubic meters at its peak. Thus, the maximum growth was 31.4%.

The sharp rise in energy prices came amid Russia's indefinite shutdown of Nord Stream . The gas supply has been cut off until the turbine troubleshooting by Siemens.
 

DIY-HP-LED

Well-Known Member
Good, hit Vlad at his weak points, derail trains, bring down bridges and fry wheel bearings. Russia's economy is heavily dependent on the railways, so is their military, damaged railways put more cars on the road and they don't have spare parts for rail cars or automobiles. Another year of this shit will definitely take it's toll on Russia and weaken them significantly. Blowing up or damaging rails in the middle of nowhere ain't hard and Vlad will have to redeploy his large internal security forces to deal with guarding them. This will be a most unpleasant task that will involve freezing in the winter and getting eaten alive by mosquitoes and black flies in the summer while guarding remote rail bridges in the middle of nowhere.


PUTIN'S HORROR: THE RESISTANCE MOVEMENT IS DESTROYING THE RAILWAYS IN RUSSIA ITSELF || 2022
 

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Ukrainian hackers created fake profiles of attractive women to trick Russian soldiers into sharing their location, report says. Days later, the base was blown up.
Ukrainian hackers set up fake accounts of attractive women to trick Russian soldiers into sending them photos, which they located and passed to the Ukrainian military, the Financial Times reported.

Nikita Knysh, a 30-year-old IT professional from Kharkiv, told the FT that when Russia's invasion began in February this year, he wanted to use his hacking skills to help his country.

He recruited other hackers and founded a group nicknamed Hackyourmom, which now consists of 30 hackers from across the country, he told the FT.

Last month, he said they duped Russian soldiers in Melitopol by creating fake accounts and pretending to be attractive women on several social media platforms, including Telegram.

The hackers were able to get to know Russian soldiers and ultimately convince them to send photos of them on the front, Knysh told the FT.

"The Russians, they always want to fuck," Knysh told the FT. "They send [a] lot of shit to 'girls,' to prove that they are warriors."

Once the soldiers sent pictures, the hackers were able to identify that they had been taken from a remote Russian military base near occupied Melitopol in southern Ukraine, the FT reported.

They transferred the information over to Ukraine's military, and several days later the base was attacked, Knysh told the FT

"My first thought was — I am effective, I can help my country," another team member on Hackyourmom, identified only as Maxim, told the FT. "Then, I realized, I want more of this — I want to find more bases, again and again."

The Ukrainian online news site Ukrainian Pravda reported last month that there was an explosion at a large Russian military base in Melitopol, citing its mayor, Ivan Fedorov.

Insider was unable to independently verify the hacker's claims of involvement, and the Armed Forces of Ukraine did not immediately respond to Insider's request for comment. The FT said Ukrainian officials declined to discuss hackers' roles in the attack on that military base.

Russia's invasion of Ukraine has prompted an unprecedented cyber war, with hackers on both sides launching attacks.

At the beginning of the invasion, Ukraine's digital minister asked civilians with "digital talents" to join the country's "IT army."

During Russia's Victory Day military celebrations in May, major Russian television channels were hacked to display anti-war messages.

Knysh told the FT that his team had participated in other hacks, including leaking the databases of Russian military contractors and tricking Russian TV stations into playing news clips about Ukrainian civilian casualties.

"For me, this felt like combat," Knysh told the FT. "With no money, with no brilliant software, and even no brilliant hacks — you can use fraudsters, the dark web against your enemy."
 

cannabineer

Ursus marijanus
Ukrainian hackers created fake profiles of attractive women to trick Russian soldiers into sharing their location, report says. Days later, the base was blown up.
Ukrainian hackers set up fake accounts of attractive women to trick Russian soldiers into sending them photos, which they located and passed to the Ukrainian military, the Financial Times reported.

Nikita Knysh, a 30-year-old IT professional from Kharkiv, told the FT that when Russia's invasion began in February this year, he wanted to use his hacking skills to help his country.

He recruited other hackers and founded a group nicknamed Hackyourmom, which now consists of 30 hackers from across the country, he told the FT.

Last month, he said they duped Russian soldiers in Melitopol by creating fake accounts and pretending to be attractive women on several social media platforms, including Telegram.

The hackers were able to get to know Russian soldiers and ultimately convince them to send photos of them on the front, Knysh told the FT.

"The Russians, they always want to fuck," Knysh told the FT. "They send [a] lot of shit to 'girls,' to prove that they are warriors."

Once the soldiers sent pictures, the hackers were able to identify that they had been taken from a remote Russian military base near occupied Melitopol in southern Ukraine, the FT reported.

They transferred the information over to Ukraine's military, and several days later the base was attacked, Knysh told the FT

"My first thought was — I am effective, I can help my country," another team member on Hackyourmom, identified only as Maxim, told the FT. "Then, I realized, I want more of this — I want to find more bases, again and again."

The Ukrainian online news site Ukrainian Pravda reported last month that there was an explosion at a large Russian military base in Melitopol, citing its mayor, Ivan Fedorov.

Insider was unable to independently verify the hacker's claims of involvement, and the Armed Forces of Ukraine did not immediately respond to Insider's request for comment. The FT said Ukrainian officials declined to discuss hackers' roles in the attack on that military base.

Russia's invasion of Ukraine has prompted an unprecedented cyber war, with hackers on both sides launching attacks.

At the beginning of the invasion, Ukraine's digital minister asked civilians with "digital talents" to join the country's "IT army."

During Russia's Victory Day military celebrations in May, major Russian television channels were hacked to display anti-war messages.

Knysh told the FT that his team had participated in other hacks, including leaking the databases of Russian military contractors and tricking Russian TV stations into playing news clips about Ukrainian civilian casualties.

"For me, this felt like combat," Knysh told the FT. "With no money, with no brilliant software, and even no brilliant hacks — you can use fraudsters, the dark web against your enemy."
Hackyourmom is a brilliant name. A classic Russian curse is “tvoyu mat’!” which translates to “… your mother!” with the ellipsis designating the implied action.
 

doublejj

Well-Known Member
The Burning Man drone show this year was incredible. If this is what a bunch techie's high on ecstasy out on a dusty playa are capable of, the Russians should be very afraid of Americans with drones...
 

DIY-HP-LED

Well-Known Member
The Burning Man drone show this year was incredible. If this is what a bunch techie's high on ecstasy out on a dusty playa are capable of, the Russians should be very afraid of Americans with drones...
Too bad paranoid regulations are killing the hobby, soon there will be ID in the sky required and it's a real fucking mess in America. I haven't been flying much this summer, but it is coming to Canada too. Any Karen can finger you and call the cops, the fines are unreal and yer always guilty of something or another since the rules are hard to follow.
 

DIY-HP-LED

Well-Known Member

Low morale and exhaustion: Problems of Russian occupiers on the territory of Ukraine
5,294 views Sep 5, 2022 Russia does not provide for the basic needs of military personnel stationed in Ukraine. Such data from UK intelligence. It's about uniforms, weapons, rations and salary. The morale of the Russian occupiers remains at a low level. What the Russian military themselves say about their salaries and provisions - experts from the Ministry of Defense of Ukraine know.
 

doublejj

Well-Known Member
Too bad paranoid regulations are killing the hobby, soon there will be ID in the sky required and it's a real fucking mess in America. I haven't been flying much this summer, but it is coming to Canada too. Any Karen can finger you and call the cops, the fines are unreal and yer always guilty of something or another since the rules are hard to follow.
These were swarms of 1000's of drones....good luck with that
 
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