For context: Many of the OPEC+ nations cheated on their allocated quotas for years and pumped more oil than they should have, in some cases even much more. Saudi-Arabia was reducing it's own production numbers several times to keep prices high despite those cheaters, so Saudi-Arabia lost out and the other OPEC+ countries profited from their move.

Now they have enough and pump out more and more to punish these cheaters, basically telling them to fall in line or risk economic ruin.

As a side effect, US shale and fracking projects may face serious delays as the price drops below their point of profitability, so Drill, Baby Drill is delayed, baby, delayed.

Edit: Together with the European RePower EU project that would cut Russian oil and gas supplies completely and increased sanctions against Russian shadow tanker fleet, this would be a very serious blow to Russia's finances, forcing them to sell much less oil and gas at a mich lower price.

The recent drone strikes against the airfields involved Ukraine's forces sending drones in through trucks.  Well, understandably the Russians are paranoid. It's just quite funny how this is going to cripple their transportation industry through Russia's poor version of TSA backing everything up for hours.  What happens when they don't check anything anymore?  They'll get hit again.   Russia can't win the long game.  

🇷🇺 Russian propagandist Vladimir Solovyov raged on air over conscripts filming attacks on airfields:

“Can he shoot this conscript? Bring this bastard out and simply shoot him in front of the ranks, as a traitor to the Motherland… But our laws don’t allow it. We are humanists.”

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— NOELREPORTS (@noelreports.com) 2 June 2025 at 16:32

Lol. Stfu. I've seen the videos of how you treat your own troops, that dude will definitely be getting beaten for the next month.

🇺🇦 A new draft law on national resistance is being registered in the Verkhovna Rada today. The initiative includes training for both men and women, offered voluntarily or through educational programs, and conducted at centers across Ukraine led by combat veterans.

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— NOELREPORTS (@noelreports.com) 2 June 2025 at 16:33

Smart move, it will ensure that peacefully controlling Ukraine would be impossible for Russia to ever achieve, there will always be combat ready civilians and resistance fighters, even if Russia took over all of Ukraine, the Russians would always have their guard up.

🇺🇸 White House Press Secretary Karoline Leavitt responded to Ukraine's drone strikes on Russian airbases by stating that President Trump wants the war to end at the negotiating table.

Notably, there was no criticism of Zelensky — a calm and unexpected tone.

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— NOELREPORTS (@noelreports.com) 2 June 2025 at 20:06

⚡️🇺🇦 Ukraine has been invited to the NATO summit in The Hague, — Zelensky

— MAKS 25 👀🇺🇦 (@maks23.bsky.social) 2 June 2025 at 20:40

👀👀👀🇺🇸🇺🇦

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— MAKS 25 👀🇺🇦 (@maks23.bsky.social) 2 June 2025 at 21:05

Between this and Lindsey Graham having secret meetings with EU on sanctions and Republican Senators largely backing sanctions, it feels like Trump is slowly losing his ability to defend Putin, Russia is weakened and thus Trump is weakened too, the tone from the White House is all of a sudden a lot more quiet and meek. Trump doesn't support sanctions but he might not have a choice. America also didn't want Ukraine at the NATO summit and yet they've been invited and they seem quite surprised by Ukraine's cards

Russia launched a mass drone attack on multiple Ukrainian cities. In Chernihiv, a private home burned down, a school, apartment building, and business were damaged—four people are hospitalized. In Odesa, several homes and infrastructure were hit. In Kharkiv region, a civilian facility was struck.

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— NOELREPORTS (@noelreports.com) 3 June 2025 at 07:28

Footage emerges from the site of a Russian strike on central Sumy. Acting mayor Artem Kobzar confirms an explosion occurred today in the city center. One person was killed, several injured. Rescue and emergency services are on site. The extent of the damage is being clarified.

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— NOELREPORTS (@noelreports.com) 3 June 2025 at 07:59

Britain will spend an additional £2 billion (about $2.7 billion) on the development of unmanned technologies, focusing on the experience of the Russian-Ukrainian war.

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— NOELREPORTS (@noelreports.com) 3 June 2025 at 07:40

🇺🇦🇺🇸 Andriy Yermak is flying to the U.S. The purpose of the visit remains undisclosed.

What do you think? 🤔

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— MAKS 25 👀🇺🇦 (@maks23.bsky.social) 3 June 2025 at 07:41

🇺🇸 US House Speaker Mike Johnson backs toughest possible sanctions on Russia, telling the New York Post: “Many in Congress want sanctions against Russia as strongly as we can—and I'm an advocate of that.”

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— NOELREPORTS (@noelreports.com) 3 June 2025 at 07:43

BREAKING: The Dutch government has collapsed. Geert Wilders’ PVV has exited the coalition over stalled progress on asylum and migration. Despite PVV objections, the Dick Schoof-led cabinet had agreed to continue full support for Ukraine.

— NOELREPORTS (@noelreports.com) 3 June 2025 at 08:26

Lmao. When will people learn that far-right populists are all talk and incapable of running a government? UK will unfortunately have to learn this lesson with Reform. I'm just hoping UK can help Ukraine as much as possible before it collapses into ruin when Reform gets into power.

💔 Zelensky: The Russians brutally attacked Sumy. It is obvious that without pressure from the world, without decisive steps from the US, Europe, and everyone in the world who has power, Putin will not even agree to a ceasefire.

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— MAKS 25 👀🇺🇦 (@maks23.bsky.social) 3 June 2025 at 09:23

Not a single day does Russia stop attacking the cities and villages of Ukraine. Every day we lose our people to Russian terror. Every day Russia gives reasons to tighten sanctions against it and increase support for our defense.

— MAKS 25 👀🇺🇦 (@maks23.bsky.social) 3 June 2025 at 09:23

A third round of talks between Ukraine and Russia could take place by the end of the month — only if there are no more attacks on airfields, says Aleksey Chepa, first deputy head of the Russian Duma's foreign affairs committee. He also claims Ukraine should accept Russia’s proposed 2–3day ceasefire

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— NOELREPORTS (@noelreports.com) 3 June 2025 at 10:42

Yup. The attack on the airfields has them rattled, keep it up, they can go fuck themselves, Ukraine can stop the attacks on military targets when they stop the attacks on Ukraine, every single day they're bombing civilians, they can stick their suggestion up their ass. They are clearly scared about further attacks on airfields by conditioning further talks on Ukraine stopping those strikes.