An empty sound. What truth is Putin hiding about the Oreshnik missile
Category
Ukraine
Publication date

An empty sound. What truth is Putin hiding about the Oreshnik missile

Putin is lying about the capabilities of Oreshnik
Source:  ISW

The ISW team concluded that there is nothing new in the capabilities of the Russian Oreshnik missile. De facto, this means that its use will not cause further escalation against the background of the war.

Points of attention

  • Putin is using Oreshnik as part of an information campaign to intimidate Ukraine and its allies.
  • US intelligence claims that even the Oreshnik strike did not change their assessment of Putin's possible use of nuclear weapons.

Putin is lying about the capabilities of Oreshnik

American analysts draw attention to the fact that the efforts of the illegitimate head of the Kremlin, Vladimir Putin, to highlight the technical characteristics of the missile are part of a broader information campaign of the Russian Federation.

According to experts, the emphasis on the missile's range and payload, comparing its destructive capabilities with those of a meteor, aims to intimidate Ukraine and its allies and distract Kyiv from further strikes on the territory of the Russian Federation by Western systems.

Even Putin's threats to strike at the "decision-making centers" in Kyiv are hollow, because Russian troops already regularly strike civilian and critical infrastructure in Kyiv with the help of drones and missiles capable of carrying nuclear warheads, American analysts emphasize.

What is important to understand is that Ukrainian leader Volodymyr Zelensky summarized this fact on November 29 in response to Putin's statements at the CSTO Security Council meeting in Kazakhstan.

The head of state emphasized that "Putin wants to add thousands more to the thousands of missiles that have already been launched into Ukraine."

Photo: open sources

What does US intelligence say about Oreshnik

The Reuters news agency, citing five insiders close to US intelligence, recently reported that the Oreshnik strike on November 21 did not change US intelligence assessments.

First of all, it is said that Russian dictator Vladimir Putin is unlikely to use nuclear weapons in Ukraine.

What is important to understand is that Moscow will not be pushed to such a step even by strikes of the Defense Forces of Ukraine on Russian territory with Western weapons.

Thus, Putin's constant flaunting of Oreshnik and Russian missile potential remains part of the Kremlin's reflexive control information operation and is hardly a precursor to the development of the latest Russian means of delivering a deep strike, American analysts emphasize.

Category
Economics
Publication date

Oil prices rise again due to US sanctions against Iran

Oil prices
Source:  Reuters

Oil prices rose on April 17 due to US sanctions on Iran and a promise by some OPEC producing countries to cut production to compensate for the pumping out of previously agreed quotas.

Points of attention

  • Oil prices have surged as a result of US sanctions on Iran and OPEC's decision to cut production to offset overproduction.
  • Short positions, a weakened US dollar, and pressure on Iran have further fueled the increase in oil prices.
  • Despite the current upward trend, uncertainties loom over the sustainability of the price surge as challenges in the global trade landscape persist.

Oil prices have risen

Brent crude futures rose 55 cents, or 0.8%, to $66.40 a barrel. U.S. West Texas Intermediate crude was at $63.13 a barrel, up 66 cents, or 1.1%.

Both benchmarks settled 2% higher on Wednesday at their highest levels since April 3 and are on track for their first weekly gain in three weeks. Thursday is the last trading day of the week before Good Friday and Easter.

"I believe there are several factors behind the rise — short covering, a weaker US dollar making crude cheaper to buy, and US pressure on Iran," said IG market analyst Tony Sycamore.

He added that WTI could return to $65-67 per barrel but may have trouble rising further.

On April 16, the administration of President Donald Trump announced new sanctions against Iranian oil exports, including against a refinery in China, increasing pressure on Tehran amid talks to escalate the country's nuclear program.

In addition, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that it had received updated plans for Iraq, Kazakhstan and other countries to further cut production to compensate for exceeding quotas.

A draw in US gasoline and distillate inventories and a smaller-than-expected build in weekly crude oil inventories also supported markets.

OPEC, the International Energy Agency and several banks including Goldman Sachs and JP Morgan lowered their forecasts for oil prices and demand growth this week as U.S. tariffs and retaliation from other countries wreaked havoc on global trade.

The World Trade Organization said it expects merchandise trade to contract by 0.2% this year, compared with October expectations of growth of 3.0%.

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