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Trump needs cheap energy, and a number of factors have aligned to make that possible — including the decline in oil prices and Russia being excluded from Iran, Syria, and the Caucasus. As a result, Russia will never regain the same presence in the global energy market.
Taras Zahorodniy, managing partner of the National Anti-Crisis Group, explained this on Espreso TV.
“The Russian economy is not just in a decline, but is catastrophically sinking. The turning point will be this fall. This is the policy of the new U.S. administration. It’s not necessarily what Trump wanted, but he is effectively crippling the Russian economy. Oil prices have fallen precisely because Trump needs cheap energy. The Russians have been knocked out of Iran, and they have nothing to trade on foreign markets. They were also removed from Syria, and now they’ve been excluded from the Caucasus. This means that Central Asia, which Russia previously blocked from European markets, will now have a much easier time in supplies,” Zahorodniy said.
According to him, there is a coordinated agreement between the Americans and Europeans on the sale of energy resources in the European market. These factors mean that Russia will never regain a significant presence in Europe, at least not at the volumes it desires. “The meeting in Alaska was the last attempt by the Americans to save the Russians, which is something they have been doing for the last 150 years. Putin came, and I think it was no coincidence that Trump flew a B-2 bomber over the Kremlin dictator’s head — he was quite frightened at the time. It was also a demonstration of strength, showing that such capabilities exist,” Zahorodniy said.
Earlier, Illya Neshodovskyi, head of the analytical department of the ANTS network, said that in 2022, the EU, by announcing sanctions against Russia, provoked a sharp increase in energy prices, which allowed Russia to fill its budget and maintain its economy.
"In 2022, the European Union became the biggest savior of the Russian economy. The EU was very careless in imposing sanctions against Russia. In mid-summer 2022, the EU announced that it would impose sanctions in December. As a result, oil and gas prices skyrocketed to $110 per barrel — the highest figure in history. Russia was thus able to compensate for frozen assets and earned over $270 billion. This was the main lifeline at that moment, allowing Russia to fill its national welfare fund and support the budget. Gazprom transferred one trillion rubles every month to support the Russian budget," Neshodovskyi explained.
The analyst noted that the Russian economy did not collapse purely by chance.
"They managed to prevent the Russian budget from collapsing. We can also consider the impact of money printing, which was significant in 2022-2023. Therefore, we cannot say that Nabiullina, Chairman of Russia’s Central Bank, saved the Russian budget. Rather, circumstances aligned in a way that the Russian economy has not yet collapsed," he concluded.
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