From Radical Boot Camp to Congress: Tim Walz’s Progressive Origins Revealed
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From Radical Boot Camp to Congress: Tim Walz’s Progressive Origins Revealed


Democrat vice-presidential nominee Tim Walz’s political journey is rooted in his involvement with a progressive training camp inspired by the radical vision of Paul Wellstone, a professor-turned-politician with close ties to the Democratic Socialists of America and strong influences from Marxist figures and extreme far-left ideologies.

Before entering politics, Tim Walz was known as a high school teacher and football coach in Mankato, Minnesota — an outsider who embraced a humble, folksy image. However, his true political foundation began in January 2005 when he attended Camp Wellstone, a training ground for grassroots progressives founded and named in honor of the late Sen. Paul Wellstone to carry on his legacy and train people in his methods.

The boot camp was designed to teach community organizing, large-scale grassroots campaigning, as well as progressive leadership and electoral tactics. Under the guidance of radical socialist activists, Walz would polish his political skills and master the fundamentals of running effective campaigns, culminating in his 2006 upset victory in Minnesota’s staunchly conservative 1st Congressional District. The win followed an insurgent campaign aided by fellow Camp Wellstone alumni, including future Lt. Gov. Peggy Flanagan.

Paul Wellstone: From Radical Professor to Political Icon 

Prior to his political career, Paul Wellstone, the inspiration for the camp, was a political science professor at Carleton College who earned his Ph.D. with a dissertation on black militants. He was an ardent advocate of Saul Alinsky’s Rules for Radicals and the belief in confrontation and acts of civil disobedience as a means of achieving political power.

Wellstone would teach such methods in his classes and even invited Alinsky — the father of modern community organizing — to his campus, once remarking: “I am an old Alinsky organizer.” He also had prominent figures such as noted welfare activist Frances Fox Piven and 1960s radical George Wiley, widely regarded as the father of the “welfare rights” movement, speak in his classes.

Wellstone’s political rise was supported heavily by the Democratic Socialists of America (DSA), which played a key role in his electoral success. He served as an adviser to the Young Democratic Socialists of America (YDSA) and, throughout his career, maintained close ties to the DSA, which recognized Wellstone as “explicitly democratic socialist in orientation.”

In 1990, with the help of the DSA, who dubbed it a “watershed campaign,” he stunned the political establishment by defeating two-term Republican incumbent Rudy Boschwitz in a Senate race, despite being outspent sevenfold.

In 1996, DSA leader Christine Riddiough was dispatched to Minnesota to aid Wellstone’s reelection, helping to organize volunteers in key constituencies, which undoubtedly contributed to his nine-point victory. Following his win, the Washington Post described Wellstone as “not really a [conventional] liberal at all.”

“He is a radical and, yes, a 1960s radical at that,” the paper explained. Similarly, progressive Mother Jones magazine held him up as “the first 1960s radical elected to the US Senate.”

Sen. Bernie Sanders (I-VT) called Wellstone a politician of “extraordinary vision,” while then-Sen. Al Franken (D-MN), in his final speech on the Senate floor, described Wellstone as a “tireless, passionate champion for working families.”

Wellstone would later die in a plane crash along with his wife, daughter, and staff members while campaigning for reelection just days before the 2002 election.

Remarkably, both Wellstone and Walz share striking parallels in their political paths.

Walz’s 2006 upset mirrored that of Wellstone, his role model, as both transitioned from educators to politicians, achieving surprising victories in Minnesota over better-funded incumbents. Like Wellstone, Walz embraced a grassroots, big-hearted, small-town persona, often presenting himself as a relatable, flannel-wearing progressive.

Camp Wellstone: Birthplace of Walz’s Political Career

Once I decided to run for Congress, I went to Camp Wellstone in January of 2005 to learn how to do it. I had no idea; I’d never given a stump speech before.

— Tim Walz

Camp Wellstone was more than just a training program — it served as the incubator for a new generation of progressive leaders, including Minnesota Attorney General Keith Ellison, St. Paul Mayor Melvin Carter, and Flanagan, all of whom were trainers the year Walz attended and are now in positions of power in Minnesota.

Founded in January 2003, roughly two months after Wellstone’s death, the camp cultivated a new generation of leaders, using community organizing methods inspired by radical activist Saul Alinsky to shape prominent figures in American politics.

The stated mission of Wellstone Action, which operates the camp, is to honor Wellstone’s legacy by continuing his work through training, educating, mobilizing, and organizing “a vast network of progressive individuals and organizations.”

According to its website, the camp trains candidates, campaign workers, and organizers in “practical skills in progressive political action,” while offering role-specific training in progressive organizing, led by “the nation’s leading experts in grassroots politics and organizing.”

According to Jeff Blodgett, Wellstone’s former campaign manager who would later become Obama’s state director, the camp would turn out “to be a place [for] people who felt like they needed to step up now and kind of follow in Wellstone’s footsteps.” Blodgett himself is a product of radical activism, having trained at the Rockwood Leadership Institute, a hub for progressive activists, many of whom have gone on to work in far-left organizations such as MoveOn.org.

The advisory committee that guided the Wellstone camp featured a slew of radical socialist leaders, including Frances Fox Piven, co-author of the the anti-capitalist Cloward-Piven Strategy aimed at destabilizing capitalism, and Heather Booth, a notorious lifelong radical community activist, founder of Midwest Academy, and self-described dedicated disciple of Saul Alinsky. Booth also had an active role in teaching sessions, where she was known for engaging participants.

Also included were influential union leaders Andy Stern (SEIU), Gerald McEntee (AFSCME), and Richard Trumka (AFL-CIO), along with civil rights activist Julian Bond, who was closely associated with the Communist Party USA (CPUSA).

“Wellstone Action is hands down the ‘go to’ training center in the progressive movement,” once remarked SEIU Chief of Staff Jon Youngdahl. “No one does it better.”

The camp is bolstered by a vast network of far-left organizations and influential funders. Groups like the radical Midwest Academy and far left-wing advocacy organizations such as Moveon.org partnered with the camp to train their members. Additionally, “generous” financial support came from the Tides Foundation and far-left donors, including left-wing billionaire George Soros’ Open Society Foundations, the Rockefeller Family Foundation, and the Bauman Family Foundation, among many others.

This broad base of support amplified the camp’s reach in promoting progressive political action.

Camp Wellstone’s radical influence is also evident from the reading materials recommended for attendees on the Wellstone Action site, which includes titles such as Rules for Radicals, hailed as a “must-read for all progressive activists,” and Poor People’s Movements by DSA Honorary Chairwoman Barbara Ehrenreich, who famously celebrated the re-release of the Communist Manifesto on its 150th anniversary.

In January 2005, Walz, a newcomer with no political experience, joined the camp — arriving at the training as a “paunchy 40-year-old in jeans and a T-shirt” with an “extreme long-shot political goal.” Despite his lack of political background, Walz would quickly absorb the values of progressive activism at the camp, honing his skills and political organizing knowledge.

Wellstone’s son, David, noted that Walz immediately stood out. “You could tell he was a leader,” he said, adding that he believes the camp “helped shape the way that he politicked.”

Longtime progressive activist Pam Costain, who served as Wellstone Action’s education and training director at the time, recalled Walz as “so impressive” that Wellstone Action used him as an example in future trainings.

Walz is featured in Winning Your Election the Wellstone Way, a guidebook by Wellstone Action which showcases his political journey — that falsely claims that he served in Afghanistan — as a case study on how grassroots, community-driven candidates can unseat established incumbents. This endorsement of Walz further aligns him with Wellstone’s political philosophy and the broader progressive movement.

Furthermore, long-time progressive activist and then camp trainer Marcia Avner noted Walz’s growth from the 2005 camp.

“What you see is what we saw back then, but it has been strengthened with extraordinary experience,” Avner said. “He has been so seasoned by the work here.”

When elected to Congress the year after completing the program, Walz became Camp Wellstone’s first successful alumnus at the federal level. He has repeatedly credited the camp (now rebranded as re:power) — which continues to produce leaders who push the boundaries of progressive politics in the U.S. — for shaping his political skills, particularly in grassroots mobilization and message development.

Flanagan’s Rise: From Camp Wellstone to Minnesota’s Second-in-Command

Walz’s partnership with Flanagan, his lieutenant governor and former Camp Wellstone trainer, underscores his deep ties to the far left. Flanagan, who credits Wellstone with her own political rise, stated that “walking by the Wellstone for Senate office my senior year of college changed the entire trajectory of my life.”

She once recalled her father, long-time Native American land rights and sovereignty activist Marvin Manypenny, telling her, “I want to burn down the system, and you want to get into the system and change it from the inside out,” echoing Alinsky and Piven’s approach of working within institutions to dismantle them.

Flanagan has criticized her state for only being ideal for white residents only, supported the removal of a Christopher Columbus statue during the George Floyd riots, and described the state’s government as a tool of genocide against people of color and Indigenous communities.

As Walz’s top adviser, Flanagan has been instrumental in shaping his progressive agenda behind the scenes, often speaking before him at public events, with one news outlet reporting “she has a big say in policies and positions.” After helping him secure his first congressional win following Camp Wellstone, she has continued to play a key role throughout his career.

She once proudly remarked about Walz, “He was my camper; I taught him everything he knows!” Flanagan would later be described by state Democrats as his “progressive whisperer,” with Walz admitting, “[For] every major decision she is there from the beginning.”

When Walz left Congress to run for governor, he chose Flanagan as his running mate, elevating her to lieutenant governor. Together, they pushed through some of Minnesota’s most progressive legislation, including sweeping environmental reforms and radical social justice initiatives, in what became known as the “Minnesota Miracle.”

Both Walz and Flanagan — whose influence reflects the broader Wellstone strategy of pushing far-left policies through grassroots mobilization and political pressure — frequently invoke Wellstone’s legacy, with Flanagan stating, “We all do better when we all do better,” a mantra of Wellstone’s populist vision.

Melvin Carter, the mayor of St. Paul and another trainer at the 2005 camp, called Flanagan a “strong influencer” on Walz’s progressive policies, adding that she “embodies” the state of Paul Wellstone.

Flanagan herself credits Wellstone’s vision for Minnesota for shaping her political path, stating, “I would not be where I am today if not for Senator Paul Wellstone and his vision for Minnesota.”

Watch:

Paul Wellstone’s last campaign was my first and I’m forever grateful. It’s always a sad day to think Paul and Sheila…

Posted by Peggy Flanagan for Lieutenant Governor on Friday, October 25, 2019

Like Flanagan, Walz has also regularly paid tribute to Paul Wellstone, especially on the anniversary of his death, in posts reflecting a continued dedication to Wellstone’s principles.

Wellstone’s Radical Legacy Endures

Walz’s political career has been significantly influenced by the vision of Paul Wellstone — the radical Alinskyite professor-turned-politician who he credits as the man who “inspired me to run for congress.”

In fact, Walz’s deep personal connection to Wellstone is exemplified by the fact that he carried a piece of the wreckage from the plane crash that killed the senator, using it as a personal keepsake throughout his journey to office.

His connections through Camp Wellstone — along with its advisory board of prominent progressives, partnerships, and collaborations with figures such as Minnesota AG Keith Allison — underscore the strong far-left influences that have shaped his political approach.

The matter comes amid growing concerns that the Walz-Harris ticket may be far more radical than it appears, with deep connections to far-left progressive and socialist movements hinting at a potential shift toward more extreme policy positions if the Democrats are elected.

On Sunday, Bernie Sanders posited that Vice President Kamala Harris adjusted her positions to be “pragmatic” in order to “win the election” during an interview on NBC’s Meet the Press, maintaining that she has not abandoned her progressive ideals.

Walz’s career has also been marked by controversies surrounding his ties to China. His involvement in a student exchange program following the Tiananmen Square massacre, along with multiple subsidized trips to China — Walz and the Chinese government jointly sponsored scholarships for American students to visit China. Between 1989 and 2003, Walz traveled with hundreds of students to China — raising serious questions about his relationship with the Chinese Communist Party.

Furthermore, the House Oversight Committee has launched an investigation into the matter, focusing on his numerous visits and connections to CCP-linked entities.

Last month, following Vice President Kamala Harris’s announcement of her selection of Walz, the radical pro-Palestinian Uncommitted National Movement — which urged Democratic voters to protest President Joe Biden’s support for Israel by casting non-Biden votes in state primaries — celebrated the vice-presidential candidate pick, who has referred to uncommitted voters as “civically engaged.”

Citing senior adviser Elianne Farhat, the group suggested that Walz “has demonstrated a remarkable ability to evolve as a public leader, uniting Democrats’ diverse coalition to achieve significant milestones for Minnesota families of all backgrounds.”

In addition, the DSA praised the selection of Walz as Harris’s running mate, insisting it showed “the world” that the DSA and its allies on the left “are a force that cannot be ignored.”

Joshua Klein is a reporter for Breitbart News. Email him at jklein@breitbart.com. Follow him on Twitter @JoshuaKlein.

Originally Posted At www.breitbart.com


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Key Battle On Election-Betting Market Heads To Appeals Court

Key Battle On Election-Betting Market Heads To Appeals Court

Key Battle On Election-Betting Market Heads To Appeals Court

Authored by John Haughey via The Epoch Times,

A legal battle over the future of a website’s election prediction market is set to continue on Sept. 19, when an appeals court hears the case of Kalshi v. CFTC, a decision that could reshape how Americans engage in political discourse.

The three-judge U.S. Court of Appeals for the District of Columbia Circuit will be considering whether individuals should be permitted to purchase contracts to participate in predictive markets that trade on the outcome of elections. If so, should these markets be regulated like other financial exchanges and commodity markets or as a form of gambling?

New York-based KalshiEx LLC argues that the elections market section of its website is a derivatives trading platform where participants buy and sell contracts based on projected outcomes of events, such as elections, and should be regulated no differently than grain futures that investors purchase as hedges against price fluctuations.

These markets provide a “public benefit” by gauging public sentiment in real-time, Kalshi maintains, a valuable guide for policymakers, politicians, and pundits in charting the public pulse.

The Commodity Futures Trading Commission (CFTC), which regulates the U.S. derivatives markets, argues that Kalshi’s platform blurs the line between commodity trading and gambling, and should not be viewed the same as futures contracts.

The commission maintains that Kalshi’s market puts it in a position to be a de facto elections regulator, which it is not designed to be. Such contracts provide no “public interest” and, in fact, pose a risk to electoral integrity and could potentially incentivize manipulation and fraud, the CFTC argues.

Those conflicting contentions are the core of what the appellate panel will deliberate on before it decides to lift or sustain its stay on U.S. District Judge Jia Cobb’s Sept. 6 ruling in favor of the platform. Judge Cobbs found that the defendant, CFTC, exceeded its statutory authority as a Wall Street regulator when it issued a September 2023 order stopping Kalshi from going online with its market because it is a “prohibited gambling activity.”

Judge Cobbs on Sept. 12 also denied CFTC’s motion for a stay while it mounts an appeal.

After the initial stay request was rejected, Kalshi wasted little time getting its market online. Attorneys for the CFTC were also busy, and within hours secured a stay from the appeals court, setting the stage for the 2 p.m. Sept. 19 hearing.

In the brief time before trading was paused “pending court process” late Sept. 12, more than 65,000 contracts had been sold on the questions, “Which party will control the House?” and “Which party will control the Senate?

The appellate panel will essentially be engaged in a technical legal debate over the definition of “gaming” and “gambling,” and how they would apply, in this case, to any potential regulation.

In its Sept. 13 filing calling for the stay to be lifted, Kalshi rejected CFTC’s definition that trading on election prediction markets is “gaming.”

“An election is not a game. It is not staged for entertainment or for sport. And, unlike the outcome of a game, the outcome of an election carries vast extrinsic and economic consequences,” it maintains.

The CFTC said in its Sept. 14 filing that because “Kalshi’s contracts involve staking something of value on the outcome of elections, they fall within the ordinary definition of ‘gaming.’”

‘Horse Has Left the Barn’

Regardless of how the panel rules, “The horse has left the barn,” said data consultant Mick Bransfield, of Pittsburgh, Pennsylvania, who trades on Kalshi’s website and purchased a “Senate control” contract.

There are ample opportunities to place election wagers on offshore websites such as New Zealand-based PredictIt, which imposes strict spending limits; on websites such as Polymarket, a New York-based platform that cannot legally accept wagers from within the United States; or the American Civics Exchange, where businesses and high net worth individuals can purchase “binary derivative contracts” through proxies tied to policy and electoral outcomes as hedges against “unpredictable electoral, legislative, and regulatory events.”

Predictit.org/Screenshot via The Epoch Times

“Elections predictive markets have been around since 1988 in the United States,” Bransfield told The Epoch Times, adding that the issue is “more nuanced than people realize.”

That nuance, said Carl Allen, author of The Polls Weren’t Wrong, is that Kalshi’s platform would be the first federally regulated U.S.-based predictive elections market open to all individuals without spending limits.

“To me, the question is not should it be regulated, the question is how? I think that is where we are,” Allen, who writes about predictive markets on substack, told The Epoch Times.

“It’s challenging to get your arms around this because there are so many organizations involved with it,” he said. “We’re reaching a really interesting point with sports betting going from totally disallowed, except for in Vegas and a few brick-and-mortar [stores], to being everywhere; crypto currency drastically growing; ETFs [Exchange-Traded Funds] getting big;” and Kashi attempting to open a predictive market on election outcomes.

Prediction market trader and Kalshi community manager Jonathan Zubkoff, who also writes about predictive markets and wagering, said the CFTC’s claim that elections markets are betting websites is mistaken.

“It’s not the same as sports betting” where there is “a line posted and billions of dollars are traded against it across different time zones,” prompting the odds to fluctuate, he told The Epoch Times.

“If you are looking at a line [to bet] on a Friday night for a Sunday game, there’s no hedge whatsoever.”

In elections markets, “there actually is a hedge” that gives people an opportunity to put money where “their bias is,” Zubkoff said.

Coalition For Political Forecasting Executive Director Pratik Chougule said another difference between sports betting and other types of gambling and predictive elections markets is that “unlike many other forms of speculation, the wagering here has a real public interest benefit. These markets inform in a way that is very beneficial.”

In October 2023, Chougule told The Epoch Times that elections markets reflect predictive science, citing numerous studies documenting that political betting websites are better indicators of public sentiment than any other measure except the election results themselves, including a study by Professor David Rothschild of the University of Pennsylvania’s Wharton School of Business.

“Polling is very unreliable,” he said. “And so we basically believe that, in order to promote good forecasting for the public interest, we believe that political betting is one solution to that because, at the end of the day when you have people wagering their own money on the line, that creates incentives that are very hard to replicate through other ways.”

Chougule, who hosts the podcast Star Spangled Gamblers, believes that, while not always accurate, election predictive markets are the best gauge of public sentiment in real-time.

“When they make a prediction, they are putting their money on the line,” he said. “It’s a pretty clear barometer of how an election is going.”

‘Gray Area’ Needs Rules

Chougule said he was “pessimistic” that Kalshi’s elections market would be online by Nov. 5.

“I think when you look at the landscape at the federal and state level, at Congress, at federal agencies, [there is] fear and skepticism and concern about what widespread elections betting could mean for our democratic institutions,” he said. “I don’t agree but it’s a fact.”

Bransfield said he was surprised by Cobb’s ruling against the regulators. “It did not seem the district court would side with Kalshi after the oral arguments in May,” he said. “The judge referred to elections contracts as ‘icky.’ That gave me the assumption that it would be unpalatable to her.”

But there is reason to be deliberative, Bransfield said.

“We should always be concerned about the integrity of our elections but these elections contracts have been around for so long,” he said, noting that more than $1 billion in 2024 U.S. elections contracts have already been purchased in the United Kingdom alone. “All those concerns already exist and have for a long time.”

Certainly, Allen said, “there are a lot of downstream effects that we are going to see from this,” but some fears are unfounded.

Unlike a sports contest where one player can affect the outcome, it would take a widespread concerted effort to “fix” an election, he said. Nevertheless, there is “potential for unscrupulous actors to release a hot tip” that could affect predictive markets.

Allen cited speculation about when former South Carolina Gov. Nikki Haley would end her presidential campaign during the Republican primaries, whether Robert F. Kennedy would pull the plug on his independent presidential campaign, and who both parties would pick as their vice presidential candidates as examples.

“A handful of people knew about [vice president picks] before it was public. It would be financially beneficial for someone to throw a couple [of] thousand dollars into that market,” he said.

Prime Minister Rishi Sunak (C) and his wife Akshata Murty (in yellow) at the launch of the Conservative Party general election manifesto at Silverstone race track in Northamptonshire, England, on June 11, 2024. James Manning/PA

The CFTC, in its challenge, noted that bets had been placed on the July 4 British general election date before Prime Minister Rishi Sunak officially announced it in May.

“It is very hard to see this gray area without some rules,” Allen said.

“Claiming that betting in elections is going to lead to issues with democracy and election integrity is one of the most ridiculous things I ever heard,” Zubkoff said, calling them “elections integrity dog whistles.”

Critics “are sort of lashing out,” he continued.

“It is a total misunderstanding. As someone who has traded in these markets, I haven’t seen anything that remotely constitutes a threat” to election integrity.

Zubkoff said Kalshi “very clearly has the better arguments” and cited the Supreme Court’s Chevron repeal as momentum that “bodes well for the future” of predictive elections markets.

He believes the appellate court will deny CFTC’s motion to extend the stay, and placed the odds of Kalshi getting a “yes” to go online before November’s elections at 60 percent.

Zubkoff noted that just like predictive elections markets, those odds could change in real-time during the hearing. “I could give you much better odds while listening to the hearing just based on the questions the judges ask,” he said.

Allen said the odds are “better than 60-40” that Kalshi will win its case, before qualifying that prediction with the ultimate hedge: “I don’t know how much money I would put on that.”

Tyler Durden
Thu, 09/19/2024 – 09:30

Lebanon PM urges UN to take firm stance over Israel's 'technological war'

Lebanon PM urges UN to take firm stance over Israel’s ‘technological war’

Lebanon’s Prime Minister called Thursday for the United Nations to oppose Israel’s “technological war” on his country ahead of a Security Council meeting on exploding devices used by Hezbollah that killed 32 people. Najib Mikati said in a statement the UN Security Council meeting on Friday should “take a firm stance to stop the Israeli […]

The post Lebanon PM urges UN to take firm stance over Israel’s ‘technological war’ appeared first on Insider Paper.

Russia's Shadow Fleet Is A Ticking Geopolitical Timebomb

Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb

Russia’s Shadow Fleet Is A Ticking Geopolitical Timebomb

Authored by Antonio Garcia via OilPrice.com,

  • Despite Western sanctions and oil price caps, Russia continues to use an aging “shadow fleet” of tankers to circumvent restrictions, allowing for stable oil exports.

  • Russian oil is now primarily heading to ‘friendly markets’ like China, India, and Turkey.

In response to Russia’s full-scale invasion of Ukraine in February 2022, the European Union and several other Western countries imposed extensive sanctions on Russia, attempting to stop the trade of Russian oil. In December 2022, the G7 countries decided on an oil price cap. However, Russia has found ways to circumvent these sanctions, primarily through the creation of a “shadow fleet” of oil tankers.

Despite robust US Treasury sanctions targeting the shadow fleet, Russia continues to expand it by incorporating new tankers, allowing for stable exports and further evasion of oil price caps. Only 36% of Russian oil exports were shipped by IG-insured tankers. For other shipments, Russia utilized its shadow fleet, which was responsible for exports of ~2.8 mb/d of crude and 1.1 mb/d of oil products in March 2024.

Kpler data shows that in April 2024, 83% of crude oil and 46% of petroleum products were shipped on shadow tankers. The shrinking role of the mainstream fleet fundamentally undermines the leverage of the price cap.

The shadow fleet is a collection of aging and often poorly maintained vessels with unclear ownership structures and lack of insurance. The number of old, outdated ships departing from Russia has increased dramatically. The EU has recently introduced legislation aimed at cracking down on the sale of mainstream tankers into the Russian shadow trade, but the problem persists. Russia managed to expand its shadow tanker fleet, adding 35 new tankers to replace 41 tankers added to OFAC’s SDN list since December 2023. These tankers, all over 15 years old, are managed outside the EU/G7. With 85% of the tankers aged over 15 years, the risk of oil spills at sea is heightened.

The shadow fleet poses a significant and rising threat to the environment. The aging and underinsured vessels increase the risk of oil spills, a potential catastrophe for which Russia would likely refuse to pay. The vessels can cause collisions, leak oil, malfunction, or even sink, posing a threat to other ships, water, and marine life. With estimates suggesting over 1,400 ships have defected to the dark side serving Russia, the potential for environmental damage is substantial. For instance, since the beginning of 2022, 230 shadow fleet tankers have transported Russian crude oil through the Danish straits on 741 occasions. Also, a shadow fleet tanker on its way to load crude in Russia collided with another ship in the strait between Denmark and Sweden. Last year, a fully loaded oil tanker lost propulsion and drifted off the Danish island of Langeland for six hours. Recovery after any potential oil spill could take decades.

Added to the environmental issue, seaborne Russian oil is almost entirely heading to the Asian markets, with India, China, and Turkey being the biggest buyers. In 2023, 86% of oil exports went to friendly countries compared to 40% in 2021, and 84% of petroleum product exports compared to 30% in 2021. This shift in export destinations highlights the changing geopolitical landscape of the oil market due to the sanctions and the rise of the shadow fleet.

Several measures have been proposed to address the challenges posed by the shadow fleet. These include stricter sanctions on individual vessels, increased scrutiny of financial institutions involved in Russian oil deals, and fines that would limit sales or decommission tankers. The G7 countries are taking measures to tighten control over the price cap and further pressure Russia. The US has introduced a series of sanctions against ships and shipowners suspected of violating the price cap. However, concerns remain that these measures could lead to higher energy prices and escalate tensions with Russia. The Danish foreign ministry has stated that “The Russian shadow fleet is an international problem that requires international solutions.”

The shadow fleet has allowed Russia to circumvent Western sanctions and continue profiting from its oil exports, but it has come at a significant cost. The environmental risks posed by these aging and poorly maintained vessels are alarming, and the shift in oil trade patterns is reshaping the geopolitical landscape. Addressing this complex issue will require concerted international efforts and a delicate balance between maintaining sanctions and ensuring stable energy markets. The situation is unsustainable, and the need for action is becoming increasingly urgent.

Tyler Durden
Thu, 09/19/2024 – 03:30

North Korea claims it tested ballistic missile with 'super-large' warhead

North Korea claims it tested ballistic missile with ‘super-large’ warhead

North Korea claimed Thursday that its latest weapons test had been of a tactical ballistic missile capable of carrying a “super-large” warhead, and a strategic cruise missile, state media reported. Leader Kim Jong Un “guided the test-fires”, the official Korean Central News Agency said, of the “new-type tactical ballistic missile Hwasongpho-11-Da-4.5 and an improved strategic […]

The post North Korea claims it tested ballistic missile with ‘super-large’ warhead appeared first on Insider Paper.