Russia is hitting back at the United States and President Joe Biden’s administration, with state TV panellists saying the “Putin price hike” is actually “Biden’s budget surplus.”
in one Video Posted on Twitter by the BBC’s Francis Scarr, a commentator on Russian state television said: “Of course Biden is our agent” and “maybe he really is our guy”.
“Because what Biden did basically never occurred to any American president before him,” the commentator said. “That means the sanctions imposed by Biden have resulted in our budget raking in record revenue. That said, because Putin gripped Europe with an iron fist, our oil revenues have grown so much that now, by and large, every day of military special operations brings us money.”
Since Russia’s invasion of Ukraine began on February 24, Western partners in the G7 and the European Union have imposed a variety of sanctions, but Russia’s top envoy to the US has warned that the sweeping ones being pursued by President Joe Biden and his allies are far-reaching sanctions campaign backfired and instead hurt the US economy.
“The thoughtless imposition of restrictions only worsens the situation in the US economy. So it turns out that Washington is ready to shoot itself in the leg and dance at the same time in an anti-Russian fever,” Ambassador Anatoly Antonov said. “It looks absurd.”
Meanwhile, Russia has reportedly enjoyed huge oil-based revenues as US gasoline prices, while showing some modest declines recently, remain hovering around $5 a gallon nationwide and inflation remains at a 40-year high.
A report by the Energy and Clean Air Research Center, an independent research organization based in Finland, showed that in the first 100 days of the war, Putin made more money from oil exports than his country actually fought in Ukraine. The report showed that Russia earns 93 billion euros – or about $97 billion – about $1 billion a day from fossil fuel exports.
Biden’s administration has consistently blamed Putin and Russia for the US economic turmoil, though Federal Reserve Chair Jerome Powell said earlier this week when questioned by a Republican lawmaker during a Senate hearing that the US -Inflation was “high” before Russia invaded Ukraine.
While the US has banned all imports of Russian oil and gas, commentators on Russian state television have said sanctions on wheat could be lifted to prevent global famine.
news week has reached out to the White House for comment.
https://www.newsweek.com/russia-state-tv-mocks-joe-biden-oil-revenues-1719107 “Maybe he really is our type”