On heightened US provocations against Russia in Ukraine and effects on oil prices

This article is available in Bisaya

The Communist Party of the Philippines (CPP) condemns the US imperialists for heightening provocations and warmongering against Russia in Ukraine. The CPP condemns the Biden regime for issuing sanctions and mobilizing troops in Eastern Europe as part of war preparations against Russia.

Heightened US provocations follows the recognition of Russia of the People’s Republic of Donetsk and the People’s Republic of Lugansk in the predominantly Russian region of Donbass, in the eastern part of Ukraine. This was Russia’s response to the artillery strikes in Donbass by the US-supported fascist forces of Kyiv over the past few days.

Russia’s recognition of the independent people’s republics are well within its rights. Such recognition has long been sought after by the autonomous governments in the Donbass region. The people’s republics have been fighting for their right to self-determination since 2014 when the US-installed Kyiv government mounted relentless attacks and acts of aggression against people in the region.

It is also within the rights of Russia and the independent republics to have Russia deploy peacekeeping troops as an act of defense to help the Russian people in the region against military attacks by the US and Kyiv governments, as it did in 2014 when the Russian-majority people of Crimea voted to separate itself from Ukraine to rejoin the Russian federation.

The Biden government is distorting historical facts and current realities by insisting that the presence of Russia in the Donbass region constitutes an “invasion” in the desperate attempt to justify the increased military intervention in Ukraine including the possibility of US forces deployment. Biden has ordered his state secretary to cancel negotiations with Russia despite rhetoric of remaining open to talks.

The US continues to provoke Russia by pushing for the inclusion of Ukraine in the North Atlantic Treaty Organization (NATO) which would allow the US and allied imperialist powers to position its missiles and other war matériel in the border right next to Russia. The objective of the US is expand the market for its military weapons and boost military production. The plan to have Ukraine join the NATO tramples on the red line set by the Minsk Agreement which constrains NATO’s eastward expansion into the former Warsaw Pact countries.

The US drive to expand its military power in Ukraine is part of its aim to put pressure on Germany and other European countries cancel its contracts for the operation of the Nord Stream 2. The strategic aim of the US is to grab Russia’s oil market in Europe for itself. Russia’s Nord Stream 2, completed last year but which has yet to commence operation, has the potential of doubling the volume of natural gas which the country supplies to Europe.

The Biden government’s increasingly aggressive actions and war mobilization serves the interests of American big oil. US fracking interests have long wanted to expand its overseas markets since oversupply of US shale oil has pushed down prices and resulted in losses. Since the Trump regime, they have been pushing to forge contracts with Germany and other European countries to buy US shale oil and cut contracts for Russia to supply much cheaper natural gas.

The US governments push against Russian oil is causing artificial disruptions in oil supply and are being taken advantaged of by profit-hungry monopoly capitalist oil companies to raise prices through speculation and hoarding. Oil companies are raking in large volumes of profits as the price of crude oil is set to surpass $100 per barrel.

In the Philippines, the Filipino people are suffering from the debilitating effect of non-stop increases in oil prices over the past two month, which are indirect effects of US war provocations in Europe. Rising prices of oil products are pushing high the costs of transportation, food, and other commodities and rapidly eroding the purchasing power of workers and toiling people.

The Filipino people must protest the incessant oil price increases and demand oil companies to immediately rollback prices. At the same time, they must join the international peace-loving community and anti-imperialist forces in denouncing US provocations and warmongering and demand that the US stop its drive to push for the eastward expansion of NATO towards the borders of Russia.

On heightened US provocations against Russia in Ukraine and effects on oil prices