Long-depressed oil prices are suddenly soaring in response to the Russian invasion of Ukraine, with impacts already being felt globally. Kazakhstan, recently wracked by internal instability, is facing economic crisis as its crude exports are threatened. Most of these exports pass through a pipeline linking Kazakhstan's western oil-fields to Russia's Black Sea terminal at Novorossiysk. That terminal, owned by the Caspian Pipeline Consortium (CPC), lies within 250 kilometers of the Ukrainian port of Mariupol, now besieged by Russian forces. This proximity is sufficient for tankers loading at the Novorossiysk terminal to incur a "war risk insurance premium." According to S&P Global Platts, the premium has been high enough to deter buyers since the Russian invasion of Ukraine was launched late last month.

The threat that climate change poses to human well-being and the health of the planet is "unequivocal," says the latest report from the United Nations  Intergovernmental Panel on Climate Change (IPCC). The expansive review—which forms the second part of the IPCC's sixth assessment report (AR6)—warns that any further delay in global action to slow climate change and adapt to its impacts "will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all." 

Belarus on Feb. 28 voted in a referendum to approve constitutional changes that include dropping the country's nuclear-free status. On the eve of the vote, President Alexander Lukashenko expressed his willingness to redeploy nuclear arms in the country's territory, saying: "If [the West] transfers nuclear weapons to Poland or Lithuania, to our borders, then I will turn to [Vladimir] Putin to bring back the nuclear weapons that I gave away without any conditions." 

In Episode 111 of the CounterVortex podcast, Bill Weinberg explores the legacy of Francis Parker Yockey and other exponents of the now fast-growing current in the Western fascist tradition that has looked to Russia as a patron and ally. Under the leadership of Alexander Dugin, "Putin's Rasputin" and the theorist of a "Eurasian" bloc against the Western democratic powers, resurgent far-right Russo-nationalism is building ties to neo-fascist organizations across Europe—as well as to supposed "anti-war" leftists in the United States. The Putin propaganda machine's Nazi-baiting of the Ukrainians is yet another example of the sinister trend of fascist pseudo-anti-fascism. It is imperative that progressives in the West do not take the toxic bait of this "Red-Brown Alliance." Any genuine anti-war position must begin with repudiating Putin's threats and aggression against Ukraine.

Amid quickly escalating tensions over Ukraine, Russia has lodged a diplomatic protest with the US embassy in Moscow, claiming that a US nuclear submarine penetrated Russian territorial waters near the Kuril Islands. According to Moscow's Defense Ministry, a Virginia-class US Navy submarine was detected Feb. 12 off Urup Island, where Russia's Pacific Fleet was conducting exercises. The Defense Ministry said the submarine was chased off by Russian vessels, and retreated at "maximum speed." The statement accused the US of a "violation of Russia's state border." The Pentagon issued a statement, saying: "There is no truth to the Russian claims of our operations in their territorial waters." US President Joe Biden and Russia's Vladimir Putin spoke by phone for an hour later that day to discuss Ukraine, but according to the Kremlin the Kurils incident was not brought up. (TASS, Reuters)

More than 100 Russian writers, activists and academics have signed a petition in protest of the war drive on Ukraine, which was published on the independent news site Echo of Moscow on Jan. 30. The "Declaration by supporters of peace against the Party of War in the Russian government" charges: "The citizens of Russia are...becoming prisoners of criminal adventurism." It has especially harsh words for Russia's state media: "On state TV there is only one point of view, and that is the point of view of the supporters of war... [A]ggression pours out, and hate towards Ukraine, America, and Western countries... [W]ar is treated as an acceptable and inevitable development of events."

In Episode 108 of the CounterVortex podcast, Bill Weinberg takes stock of the frightening East-West escalation over Ukraine. Beyond the front-line on that country's eastern borders, the forces of Russia and its allies and those of NATO are preparing for war from the Mediterranean to the Pacific. The "anti-war" (sic) left in the US is, with perfect predictability, lining up with Russia. Contrary to pseudo-left misconceptions, the post-Cold War promises made to Russia that NATO would not expand east were never formalized. However, the promises to Ukraine that its sovereignty and territory would be protected were formalized. The prevailing double standard on the Western "left" sensationalizes a "Nazi" threat in Ukraine while ignoring the actual consolidation of fascistic dictatorships in Russia and Belarus. Putin's propaganda, spread by the Kremlin media machine, is an exercise in fascist pseudo-anti-fascism. Meanwhile, Ukrainian socialists and democratic-left forces advance a "Neither East Nor West" position that demands solidarity against Russian aggression from the world anti-war forces. Ironically, Lenin himself declared unequivocally for Ukrainian self-determination—here and here and here and here. Listen on SoundCloud or via Patreon.

Russia's Deputy Foreign Minister Sergei Ryabkov on Dec. 13 warned that Moscow will deploy intermediate-range nuclear weapons if NATO does not accede to demands to stop arming Ukraine and guarantee an end to eastward expansion of the alliance. His remarks came days after US President Joe Biden and Russia's Vladimir Putin held a two-hour video conference aimed at defusing tensions over the Russian military build-up along Ukraine's border, where the Kremlin is estimated to have amassed some 100,000 troops.