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Europe Continues to Receive Russian LNG While Blaming Moscow for Protests: Putin

He attributed demonstrations in European cities to domestic economic and financial problems, including excessive public debt.

On Sunday, Russian President Vladimir Putin pointed out that European countries continue to receive Russian liquefied natural gas while simultaneously accusing his country of fomenting protests in Europe.

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He recalled that Western countries had accused Russia of refusing to supply relatively inexpensive raw materials: oil, gas, coal and uranium. “But we have never refused anything to anyone,” Putin stressed.

The Kremlin chief stated that although Europeans are “planning to stop buying what they are still receiving from Russia,” they continue to receive substantial quantities of products.

“Our LNG accounts for 20% of the European market. That is a significant market segment,” he emphasized.

Russia’s President Putin talks about European energy prices and deliberate decisions which have increased prices to consumers.

“We used to sell natural gas to Europe for $150.
Now they are paying $1000”

Putin during BRICS 2026 Summit in India. pic.twitter.com/WIXbAbqE1j

— Andrew Bridgen (@ABridgen) September 24, 2026

Putin also said that Russia agrees that the transition to renewable energy sources is necessary, but that it must take place gradually and as other sources become ready for rational and economically viable use.

“Let’s shut down nuclear power plants, Let’s close open-pit coal mines, and so on. I don’t even understand what they intend to use,” Putin said of European policies, which he described as the underlying causes of ongoing protests.

“What is their cause? Their own mistakes in various areas. In the economy and finance, there is excessive public debt, exceeding 100%,” Putin said.

“There is no need to blame anyone abroad,” he stressed, adding that Europeans must address the problems they themselves have created on their own territory.

“If this work is not done, things will get worse for Europe itself,” Putin said, adding that Europeans would fail to analyze the causes of their difficulties and would “shift the blame” to the United States and Russia.

teleSUR/ JF

Source: EFE

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Trump on high gas prices: 'We're making a freaking fortune'

WASHINGTON, DC - OCTOBER 20: U.S. President Donald Trump gestures to reporters to be quiet during an event in the Oval Office of the White House on October 20, 2026 in Washington, DC. Trump and Vance announced a new $25 million dollar federal Fraud Whistle Blower Incentive Program with the Department of Justice to pay up to $30,000 to citizens who give verified tips that lead to a conviction or major enforcement action. (Photo by Andrew Harnik/Getty Images)
President Donald Trump said on Saturday that American oil companies were making a fortune on the Iran war.

Andrew Harnik/Getty Images

  • Trump said on Saturday that American oil companies are making a "fortune" on the Iran war.
  • Americans, however, are paying record prices at the pump, according to AAA.
  • Trump made the comments less than two weeks from the midterm elections.

Though regular Americans are paying more at the pump, US oil companies are striking it rich, President Donald Trump said on Saturday.

Speaking at a rally in Georgia, Trump said that oil prices are "temporarily high," but added that the throttling of the Strait of Hormuz has pushed oil buyers to American companies with operations in Texas, Oklahoma, and Louisiana.

"The United States oil and gas business is making hundreds of billions of dollars," Trump said. "I don't give a damn, I'm going to say it — we're making a freaking fortune."

Indeed, a Q2 report this year from the Oil & Gas Journal, a trade publication, noted that "surging crude prices tied to ongoing Strait of Hormuz disruptions" fueled massive windfalls for North American oil companies.

Year over year, a sample of 38 US producers and refiners collectively grew revenues by about $140 billion, the Oil & Gas Journal reported.

Those profits, however, are not exactly shared by the American public.

AAA reported that the average price of regular gas in the United States is now at $4.29 a gallon. In February, one day before the US and Israel launched surprise attacks on Iran, gas prices were at $2.98.

Diesel prices have also increased precipitously since the American war on Iran began. On Sunday, AAA reported that they sat at $6.35, up from $3.75 a day before the conflict began. Shipping companies rely on diesel to power their boats and trucks. Higher diesel costs are often passed onto consumers in the form of higher prices.

Trump's comments are unlikely to curry goodwill among an American electorate reckoning with an affordability crisis less than two weeks out from midterm elections. The White House did not immediately respond to a request for comment sent on Sunday.

As the midterms approach, Trump has taken steps to lower gas prices.

On October 9, Trump said he reached a deal with Russian President Vladimir Putin to import Russian diesel, which had been heavily sanctioned since the start of Russia's invasion of Ukraine. Analysts warned the move could provide a lifeline to the Russian economy as the country seeks to bombard Ukraine into submission this winter.

"I can see just the fake headlines — 'President Trump is talking about all the money they're making while people are suffering at the pump,'" Trump said at the Georgia rally. "That'll be the headline."

Read the original article on Business Insider

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