by Dave Hodges
Yesterday, I reported that Putin has been aligning his new military allies in India, Brazil, Bolivia, El Salvador, Cuba, Bolivia, Ecuador, Nicaragua, China, and even in South Africa in attempt to force the U.S. to prepare for a Red Dawn scenario here at home in the event that hostilities break out. This was Putin’s version of “Plan B” as he obviously was anticipating the loss of control over Ukraine.
After the pro-Western forces prevailed in Ukraine’s recent election, Putin wasted no time in putting an approximate 60% embargo of Russian oil and gas shipments into Europe, via Ukraine. An embargo, much like a blockade is an act of war. And war is largely where this present situation is headed.
Gas prices are quickly rising in London. Britain’s energy prices have already soared 18% as of this morning with the announcement that Putin is placing an embargo of energy Russian energy shipments into Europe. It is estimated that Europe gets anywhere from 25% to 33% of its energy needs from Russian sources, much of it via Ukraine.