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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
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Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

US threatens those evading price cap of consequences: Treasury

  • By Al Mayadeen English
  • Source: Agencies
  • 9 Sep 2022 23:40
3 Min Read

In an effort to pressure states to set a price cap on Russian oil, the US Treasury has threatened those who evade it with dire consequences.

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  • A view of the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka in Russia last month. (Reuters)
    A view of the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka in Russia last month (Reuters)

Those who violate the price cap on Russian oil exports will suffer consequences under the domestic law of the jurisdictions enforcing the quota, according to US Deputy Treasury Secretary Wally Adeyemo.

"Those that evade the price cap by falsifying documentation or otherwise hiding the true origin or price of the oil would face consequences under the domestic law of the jurisdictions implementing price caps," Adeyemo said during a virtual discussion organized by the Brookings Institution.

US, allies to set price cap on Russian oil above marginal production cost: Treasury

The US and its allies want to place a price restriction on Russian oil that is higher than its cost of production, according to US Treasury Deputy Secretary Wally Adeyemo on Friday.

"We intend to set the price cap above Russia's marginal cost of production at a level consistent with prices they have historically accepted," Adeyemo said during an event hosted by Brookings Institution.

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Moreover, a number of countries outside the Group of Seven (G7) have agreed to join a coalition to impose a price cap on Russian energy in an attempt to reduce the Kremlin's revenue, according to Adeyemo.

"A number of other countries have agreed to come aboard the price cap coalition in order to make sure that we have a broader coalition that will both enforce the price cap going forward, but also a number of countries that are importers that are considering joining," Adeyemo told Yahoo News an interview.

According to Adeyemo, a coalition of countries led by the United States and other G7 partner countries will implement a price cap on Russian energy by December 5. “We’re going to put in place a price cap by December 5,” Adeyemo told Yahoo News.

Moscow has promised to stop supplying Russian oil to countries that will impose price limitations.

'No gas, no oil'

In response, Russian President Vladimir Putin said on Wednesday that Russia will stop supplying oil and gas to countries that impose price ceilings.  

Capping prices, as some Western countries are considering, "would be an absolutely stupid decision," Putin told the Eastern Economic Forum in the Pacific port city of Vladivostok.    

"We will not supply anything at all if it is contrary to our interests, in this case economic (interests)," he said. "No gas, no oil, no coal, no fuel oil, nothing."   

  • United States
  • Russian oil
  • Russia
  • Wally Adeyemo
  • US Treasury
  • Price cap

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