🛢️Rising Gas Prices Fund Putin's War Against Ukraine

Foreign Policy
Economic Policy
National Security

Ukrainian President Volodymyr Zelenskyy warned June 14, 2025, that oil prices surging 7% after Israeli strikes on Iran directly strengthen Russia's war effort by increasing the oil revenues that comprise 30% of Moscow's federal budget.

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Key Takeaways

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Why This Matters

Your Gas Prices:

Every $10 increase in oil prices costs the average American household $300 per year in higher gasoline and heating costs

War Funding Mechanism:

Higher oil prices directly fund Russian weapons production - your gas station purchases indirectly finance missiles targeting Ukrainian civilians

Strategic Oil Reserve:

The U.S. could release emergency oil reserves to lower prices and defund Putin's war, but political considerations often prevent this action

Energy Independence:

America still imports oil despite domestic production, making your energy costs vulnerable to geopolitical conflicts you can't control

Sanctions Failure:

Western allies haven't effectively capped Russian oil prices, meaning international conflicts continue inflating your cost of living

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