Russia Cannot Save Itself as Oil Prices Collapse

Video Summary

As Russia’s invasion of Ukraine reaches its 288th day, the country’s military struggles to defend against Ukraine’s long-range strikes. The US has provided Ukraine with High Mars rocket launchers, but restricted their use to prevent missiles from being fired into Russia. Meanwhile, Ukraine has developed its own Soviet-era jet drones to target Russian bomber bases. Russia’s failure to destroy Ukraine’s air defense systems, despite launching multiple attacks, suggests they are desperate and lack confidence in their capabilities.

The global economy is also affected by the war, with the price of oil plummeting due to reduced demand and increased interest rates. This has significant implications for Russia, which relies heavily on energy exports. The war is likely to continue, with Russia trying to freeze the conflict to conscript more soldiers and ramp up domestic production.

NATO members, including Sweden’s Foreign Minister Tobias Bilstrom, have warned against engaging in peace talks while Ukraine’s military is still fighting on the battlefield. Ukraine needs more weapons, including guns, artillery, and missiles, to defend itself. The US has proposed replenishing supplies of high-grade munitions, including gimler rockets, which have been devastating for Russian forces.

In a surprise move, Ukrainian President Volodymyr Zelensky was named Time Magazine’s Person of the Year, a recognition of his leadership and resilience in the face of war. Russia’s response has been extreme, with officials on state TV labeling Zelensky as the Antichrist or a lesser demon serving Satan.