There’s one huge loophole in Russia sanctions bill: it doesn’t force U.S. to sanction secondary buyers of oil. It gives Trump ability to do that, and we don’t know whether he will or won’t. If this bill gets passed and Trump implements it, then Putin is in deep trouble.

If you look at whole situation with Russia, the big question is how Putin affords this war after all the sanctions we've placed on him?

Answer is simple: he affords this war because there's one huge loophole. Putin is able to sell his crude oil all over the world.

He gets hundreds of billions of dollars from the sale of that crude oil, and then funds his military and his war.

The idea of this Russia sanctions bill is to say, "Okay, let's go to the people who buy this oil, and say we're going to penalize you big time if you buy the oil. You can buy oil from anyone else, just don't buy it from Russians."

That's what this bill is all about. It closes the last remaining loophole, and really puts Putin's economy in a bind if it gets passed.

"With Russia, you either kneel or you are the enemy. There is nothing in between."

Former Lithuanian President Dalia Grybauskaitė on meeting Putin in 2010—and why Lithuania immediately built an LNG terminal to completely cut off Russian gas.

🚨Eni and TotalEnergies just took FID on Cyprus's first ever gas development.

First gas 2028.

Export route: straight to Europe via Egypt.
No Hormuz required🇨🇾

Cronos: Block 6, offshore Cyprus, 2,300m water depth, 160–185 km from shore.
3+ Tcf of gas in place.
Discovered 2022.
Appraised 2024.
FID taken today.

Eni operator. 50/50 with TotalEnergies.
4 subsea wells, tied back to existing facilities.

Cronos gas → processed at Egypt's Zohr offshore facilities → liquefied at Damietta LNG plant → shipped to European buyers.

Plateau output: 500 MMcf/d, equivalent to 2.8 Mtpa of LNG.
TotalEnergies markets 50% (~1.4 Mtpa).
Eni markets the rest.

A 3 country supply chain Cyprus, Egypt, Europe built on infrastructure that already exists.

Eni already operates Zohr. TotalEnergies is a major Damietta shareholder and marketing player. Both companies are activating existing positions rather than building new ones. 🌍

The Eastern Mediterranean is quietly becoming one of Europe's most important gas corridors and it routes through Egyptian infrastructure, not Russian pipelines or Gulf tankers.