27 November 2025: 16:30 GMT
Russia also not going to blink, as Putin said he is ready to fight to the last Ukrainian life… very conciliatory! We only hope it doesn’t come to that. In the meantime, which fool is going to turn down that cheap oil? Probably not the Chinese who are totally disregarding ineffective Western sanctions. Russia’s central bank said the discount of Urals to Brent has increased to a monumental 23% in November, up from a 15% discount in Q2 and Q3, putting more pressure on the Russian budget. War is costly in every sense! Putin said, “Some people demand to keep on fighting until the last Ukrainian dies, Russia is ready for that,” continuing, “if Ukrainian forces leave the territories they hold, then we will stop combat operations. If they don’t, then we will achieve it by military means.”
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