🇷🇺Russian Oil Exports Surge Despite Sanctions

Despite facing sanctions, Russia's seaborne oil exports rebounded, compensating for roughly half of the previous week's losses. This resurgence occurred following the completion of repair work at the primary export terminal in the Baltic Sea and the gradual subsiding of storms that had disrupted operations at its main Pacific port in recent weeks.

In the week leading up to March 24, oil supplies from Russia escalated by approximately 360,000 barrels per day. Despite the imposition of additional sanctions targeting specific tankers, the clandestine fleet prepared to transport Russian oil comprises at least 600 vessels, ensuring the continuity of oil supplies.

The restoration of supplies has significantly bolstered Russian oil revenues, as reported by Bloomberg. The gross value of crude exports surged to $1.68 billion in the seven-day period ending March 24, up from $1.48 billion in the preceding week. Additionally, the four-week average revenue experienced a notable increase of around $15 million, reaching $1.62 billion per week.

#Russia #oil #export
@songofoil

🇪🇺🇷🇺European Demand Surges: Record Purchase of Russian Gas

According to European ENTSOG, gas transit via the "Turkish Stream" to EU nations has peaked this month at 46.2 million cubic meters per day.

While the pipeline consists of two strings of equal capacity, one exclusively serves Turkish consumers, leaving the other to cater to European demand.

Simultaneously, the Ukrainian route's remaining branch is operating at maximum capacity, indicating active importation of Russian pipeline gas by the EU.

This surge in purchases could be attributed to the competitive pricing of Russian network raw materials compared to spot supplies.

The growing demand is further fueled by statements from EU authorities and Kiev regarding their reluctance to renew the transit contract for gas transportation with Russia.

#EU #gas #Russia
@songofoil

If you want trace the mad world of British trotskyism here's a family tree of their various organisations going back to the 1930's. It's got an awful lot of branches but they're all attached to the same rotten stump.

Believing that that day is approaching, the Socialist Party of Ireland seeks to prepare for it by laying now the foundations of that socialist movement, whose duty it will be to guide and direct the efforts of labour in Ireland, to find and fashion a proper channel of expression and instrument of emancipation.

That labour movement of the future, as well as the socialist movement of today must, indeed, draw inspiration from the successes of our comrades abroad, but must also shape its course to suit the conditions within our own shores.

The Socialist Party of Ireland recognises and most enthusiastically endorses the principle of internationalism, but it realises that that principle must be sought through the medium of universal brotherhood rather than by self-extinction of distinct nations within the political maw of over-grown Empires.

When once all the socialists in Ireland recognise this principle, and unite with us, they will have cause to wonder at the readiness with which the workers of Ireland will respond to the socialist appeal.

If all the socialists in Ireland who waste their time in cursing the unprogressiveness of the Irish workers, had only sufficient moral courage to declare themselves, they would be astonished at the multitude of their numbers, and would then realise that they were strong enough to ensure respect and toleration.

Until they do, we will be compelled to see Irish Tory employers hiding their sweatshops behind orange flags, and Irish home rule landlords using the green sunburst of Erin to cloak their rackrenting in the festering slums of our Irish towns.

James Connolly

Tonight's live stream has been cancelled due to unforeseen circumstances.
We will reschedule for the same time next week.

The Police: Capitalism’s First Line of Defence – Class Consciousness Project
https://classconsciousnessproject.blog/2023/12/02/the-police-capitalisms-first-line-of-defence/

The making of the (English) working class is a fact of political and cultural, as much as of economic, history. It was not the spontaneous generation of the factory-system. Nor should we think of an external force the "industrial revolution" working upon some nondenoscript undifferentiated raw material of humanity, and turning it out at the other end as a "fresh race of beings". The changing productive relations and working conditions of the Industrial Revolution were imposed, not upon raw material, but upon the free-born Englishman and the free-born Englishman as Paine had left him or as the Methodists had moulded him. The factory hand or stockinger was also the inheritor of Bunyan, of remembered village rights, of notions of equality before the law, of craft traditions. He was the object of massive religious indoctrination and the creator of new political traditions. The working class made itself as much as it was made.

E. P. Thompson

The Death of John Barnett – Class Consciousness Project
https://classconsciousnessproject.blog/2024/04/03/the-death-of-john-barnett/

Profit – Class Consciousness Project
https://classconsciousnessproject.blog/2024/01/15/profit/

The Price Of Steel – Class Consciousness Project
https://classconsciousnessproject.blog/2024/01/19/the-price-of-steel/

God Save the King? – Class Consciousness Project
https://classconsciousnessproject.blog/2023/08/01/god-save-the-king/

An EU flag was burned at a Banda Bassotti concert in Catalonia.

The most famous sight in English football. Wembley towers.

🇺🇸🗓THIS DAY IN HISTORY🕐📚

On this day, April 9th, 1952, the steel strike, organized by the United Steelworkers of America against U.S. Steel and nine other steel manufacturers, was set to commence. However, just hours before the workers were to walk out, US President Harry Truman nationalized the American steel industry. Subsequently, the steel companies filed a lawsuit to regain control of their operations.

On June 2, 1952, the US Supreme Court declared that the President did not possess the authority to seize the steel mills. The strike, involving approximately 560,000 workers, aimed to secure a wage increase. Lasting for 53 days, the strike concluded on July 24, 1952, essentially on the same terms proposed by the union four months earlier.

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