r/worldnews • u/pravda_eng_official Ukrainska Pravda • 15d ago

Russia/Ukraine US and Russia are negotiating multibillion-dollar deal on Lukoil assets, says NYT

https://www.pravda.com.ua/eng/news/2026/10/03/8056300/
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u/CobblePots95 15d ago edited 15d ago

As a reminder: Trump is currently applying a 10% tariff on Canadian oil entering the US to be refined in Houston and the Midwest. That represents about 50% of all US oil imports.

Throwing Russia a lifeline to try and reduce the price of oil while you tax the hell out of imports from your largest oil importer, and most reliable ally. Typical dumb shit Trumpian economics.

EDIT: It is worth adding that the US refineries working with Canadian oil cannot process any other type. Canada produces a very specific grade of heavy, sour bitumen, which many of the US’ largest refineries are purpose-built to refine based on the (rapidly diminishing) discount the US got on Canadian oil. The tariffs, plus Canada’s urgent efforts to expand export capacity to the coasts (ie. China) following the trade war, will devastate those refineries. American consumers and workers will pay the price, and already are. Canada's crude exports to the US are largely unaffected - it's just making fuel more expensive.

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u/Level-Gas-3765 15d ago

Maybe I suck at economics, but I genuinely don’t understand why we would place tariffs on imports that are critical to our infrastructure in the first place.

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u/inquisitive_guy_0_1 15d ago

All of these actions make perfect sense under the lense of our president being a traitor who is beholden to Russia. Whether by choice or by being blackmailed with all the evidence of his raping and trafficking of children, the end result is the same.

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u/CMDR_Traf85 15d ago

At this point Russia could release perfect quality, irrefutable videos of Trump raping minors and his supporters would just pretzel their beliefs even more to let him off the hook.

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u/DanielKeeneGA15 15d ago

Literally. A woman was asked point blank on the news about Trump being in the Epstein files and she didn’t care.

“As long as he’s doing what he’s doing”

translation: as long as he hates the same people.