Daily Caller
Russia Has Mostly Managed To Dodge One Of Biden’s Key Energy Sanctions
From the Daily Caller News Foundation
By Nick Pope
Russia is dodging a U.S.-led sanction meant to limit its energy revenues by using a fleet of “shadow tankers” to sell oil at higher prices, according to The New York Times.
Led by the U.S., Western countries imposed a $60 per-barrel price cap on Russian oil after the Ukraine war started in February 2022, a policy proponents claimed would severely limit Russia’s ability to generate oil cash while falling sort of imposing onerous costs on developing countries. However, Russia has managed to sell about 70% of its oil sales above the West’s price by utilizing a fleet of “shadow tankers” — vessels that are unregistered or registered in nations that are not party to the price cap agreement — to dodge the restrictions, the NYT reported, citing a new report by the Kyiv School of Economics Institute.
In the first half of 2024, Russia managed to sell about 75 million barrels of oil each month using vessels with an average age of 18 years, according to the NYT. Russia spent about $10 billion to develop its “shadow tanker” fleet.
Ukraine Reportedly Sending Cooks, Mechanics To Frontlines Of War Against Russia As Manpower Problem Grows Worsehttps://t.co/aLDjzZsW9j
— Daily Caller (@DailyCaller) August 18, 2024
Moreover, ships that are a part of the Russian “shadow tanker” fleet or that are subject to sanctions for breaking the price cap carried a record amount of oil and related products in September, according to the NYT. Some of these vessels made deliveries to ports in China and India, buyers that have purchased considerable amounts of Russian oil despite the Western sanctions against Putin’s economy.
Some officials inside the Biden-Harris administration want to see the government take a harder line against the “shadow tanker” fleet to continue to squeeze Putin, but others are in favor of treading lightly out of concern that cracking down could put upward prices on energy prices with a pivotal presidential election looming, according to the NYT. More broadly, policymakers have been especially careful in how they’ve handled Russia’s energy industry given the risks of a hot war between Iran and Israel, which would likely drive prices up.
While the U.S. and allies will continue working on enforcement, Russia is still selling oil at suboptimal prices and spending billions on its “shadow tanker” fleet, meaning that the sanction is still a success even if it is being evaded to some degree, one U.S. official who requested anonymity to speak freely on the subject told the NYT.
The White House and the Department of the Treasury did not respond immediately to requests for comment.
Daily Caller
Mayor of Chicago Vows To Fight Trump’s Immigration Crackdown As Notorious Venezuelan Gang Takes Root In His City
From the Daily Caller News Foundation
Democrat Mayor Brandon Johnson on Tuesday vowed to fight the incoming Trump administration’s plans to crack down on illegal immigration and sanctuary cities, even as the city struggles with its own presence of migrant gang crime.
When asked if he was prepared to resist President-elect Donald Trump’s preparations to deploy “a squad” of Immigration and Customs Enforcement (ICE) agents to sanctuary cities like Chicago and attempts to withhold federal funds from sanctuary governments, Johnson reaffirmed his commitment to local laws that prevent cooperation with immigration enforcement authorities. The comments came despite recent reports indicating organized migrant crime has been hitting the Windy City, particularly from Tren de Aragua, an international crime syndicate originating from Venezuela.
“We’re going to defend the people of this city because, look, his attack — let’s be very clear — the president-elect, former President Trump, his threat is not just toward new arrivals and undocumented families,” Johnson said. “His threats are also against black families.”
“We’re going to stand up and protect undocumented individuals,” the mayor went on, and continued to make a connection between immigration enforcement and racial animus.
The mayor’s comments were in reaction to former ICE director Tom Homan, who has been tapped by the president-elect to serve as “border czar” for the upcoming administration. In his announcement of the appointment, Trump said Homan would be in charge of all deportations of illegal migrants.
“If you are not going to help us, get the hell out of the way because we’re gonna do it,” Homan said on Monday in his first interview since his appointment, speaking on expected pushback from anti-ICE politicians. “So, if we can’t get assistance in New York City, we may have to double the number of agents we send in New York City.”
“We are going to do the job,” Homan continued. “Sanctuary cities are sanctuaries for criminals.”
Law enforcement authorities confirmed in September that Tren de Aragua members have been arrested in Cook County — where Chicago is located — on weapons and narcotics charges, and internal emails obtained from the Cook County Sheriff’s office confirmed that members of the Venezuelan gang are in the city, according to NBC Chicago. The arrival of Tren de Aragua — which has coincided with Chicago’s own migrant crisis — has been linked to a rise in crime and has led to concerns of an impending turf war between their members and local gangs in the city, according to Fox 32.
The Chicago Police Department has arrested at least 30 suspected Tren de Aragua members between January 2023 and September of this year, documents obtained by the New York Post indicate.
Chicago officials have welcomed in at least 43,000 migrants since August 2022 and have so far spent around $150 million to house and feed them, amid the border crisis that began under the Biden-Harris administration. Many of the foreign nationals are from Venezuela and have largely been bussed into the city by Texas Gov. Greg Abbott as he has sought to relieve his own state.
A growing number of Democratic politicians, such as the mayor of Los Angeles and a slate of governors across the country, have also declared their opposition to Trump’s hardline immigration agenda.
Johnson’s office did not immediately respond to a request for comment from the Daily Caller News Foundation.
Business
Sanctuary State Told To Cut Spending On Hotel Stays For Migrants As Costs Expected To Hit $1 Billion
From the Daily Caller News Foundation
By Jason Hopkins
A state commission is encouraging Massachusetts to cut costs on emergency shelter services for migrants and other families by spending less on expensive hotels.
The emergency shelter system in Massachusetts housing migrant families and others experiencing homelessness is expected to spend over $1 billion in fiscal year 2025, according to a state commission report investigating the matter. The report comes as Massachusetts, a sanctuary state that limits cooperation with federal immigration authorities, is continuing to experience financial hardship over the border crisis and an influx of migrants into their communities.
The draft report proposed spending less on the most expensive accommodations for migrants — which would include hotels and motels. Prior reports have found that housing migrants in hotels or motels in the state can be as costly as $300 per night.
“Since the EA shelter system reached capacity at 7,500 families last year, approximately 50% of families have been in hotels and motels across the state,” the report stated. “The Commission recommends limiting reliance on hotels and motels to best serve families and increase the financial and operational efficiency of the system, while recognizing that hotels and motels may be a last-resort option for surge capacity at times of rapid changes in demand.”
“Data suggests that hotels and motels are the most expensive type of shelter in the EA system,” the report concluded. It also noted that the state’s shelter caseload and system costs have skyrocketed to “unsustainable levels” since 2022.
The immigration crisis taking place under the Biden-Harris administration has hit Massachusetts particularly hard. Roughly 355,000 illegal migrants and other inadmissible foreign nationals live in the state, and approximately 50,000 have arrived since 2021, according to the Center for Immigration Studies.
Democrat Gov. Maura Healey, in her efforts to clamp down on the state’s crisis, has publicly called on illegal immigrants to not go to Massachusetts, offered plane tickets for them to leave, and has asked residents to take in migrant families. The state has also experienced a rising number of deportation cases as illegal migrants continue to flock there.
Despite the growing pains with mass illegal immigration, the governor has remained steadfast in her opposition to President-elect Donald Trump’s plans for an immigration crackdown, and she confirmed that her state’s law enforcement would “absolutely not” help with mass deportation efforts. The entire state of Massachusetts is considered a sanctuary for illegal migrants for its laws limiting cooperation with Immigration and Customs Enforcement (ICE) agents.
The state legislature appropriated $639 million to the emergency assistance shelter system for fiscal year 2025, according to the report. However, expense projections are expected to hit $1.094 billion – leaving a shortfall of roughly $455 million for the fiscal year.
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