Category: Trump

  • MIL-OSI Russia: Israeli airstrikes delay Iran’s nuclear program by 2-3 years – Israeli FM

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BERLIN, June 21 (Xinhua) — Israel’s recent air strikes on Iran have delayed Tehran’s ability to develop nuclear weapons by at least two to three years, the Jewish state’s Foreign Minister Gideon Saar said on Friday.

    As G. Saar noted in an interview with the German newspaper Bild, which was given in Jerusalem and published on Saturday, the Israeli armed forces launched a large-scale operation against Iranian military infrastructure and nuclear facilities, which resulted in the deaths of several high-ranking Iranian military commanders and nuclear scientists.

    “I consider this a success – we have achieved many results,” he said. “We will not stop until we do everything possible to eliminate the Iranian nuclear threat.”

    An Israeli diplomat has called on Germany and other European countries to increase political and military support for the Jewish state.

    Mr. Saar made the statements after US President Donald Trump said on June 19 that he would decide within two weeks whether to order the US military to launch a direct strike on Iran.

    Iranian Foreign Minister Abbas Araghchi told Turkey’s Anadolu Agency on Saturday that Iran was “fully prepared” to resolve the dispute over its nuclear program through negotiations. -0-

    MIL OSI Russia News

  • MIL-OSI Economics: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    Source: Rosneft

    Headline: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of industry development presented by Igor Sechin, Head of Rosneft. In his report “Odyssey of the Global Economy in Search of the Golden Fleece. The New Landscape a of the Global Energy Industry”, he announced that the current state of the global energy industry is at the stage of formation of a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “synthesis of conventional and alternative energy sources”.

    The event, organized with the support of Rosneft, was addressed by Mohammed Bin Saleh Al-Sada, Chairman of the Rosneft Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Zhang Daowei, Vice President of CNPC, Shiva Prasad Panda Madhusudana, Executive Director of Reliance Industries, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, and David Gadzhimirzaev, President of TOFS.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to RES, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in the report that fossil fuels account for 80% of the global energy mix. “And this statistic has not changed for the last 20 years! We are fluttering around these 80% fossil fuels and energy sources, and so not much has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewables is being imposed on the industry and the public.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we actually transitioning from fossil fuels to renewable fuels?“,” Al-Sada addressed the audience.

    The Rosneft Chairman also noted that energy demand does not always coincide with production growth for various reasons.

    “I would like to express two small thoughts in order to further enhance the valuable things we heard in Mr. Sechin’s words. <...> Lack of investment is already a reality in the hydrocarbon and energy sectors. This is something that could really bring us to a serious energy shortage. “If this trend continues we could face an energy shortage. This is not only my personal opinion, but also what a large number of analysts, including the International Energy Agency, and other respected experts, who in their reviews have emphasized the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a primary energy shortage!”, emphasized Al-Sada.

    FUTURE FOR SYNERGY

    Zhang Daowei, Vice President of China’s CNPC, remarked on the interest in the report by Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of development of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to synergetic, integrated development of traditional and new energy sources, to take full account of the characteristics and degree of development of our countries’ markets, to properly link energy transition with energy security, and to promote a fair and sustainable model of energy transformation,” Daowei said.

    According to the vice president, under this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC is actively pursuing a green, low-carbon development strategy and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said that the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. Meanwhile, natural gas plays an important role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our LNG capacity and capability for both domestic and export needs,” he said.

    The Pertamina chief virtually reiterated the point made in Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high economic growth and carbon neutrality in parallel.

    Reliance Industries CEO P.M.S. Prasad said India does not choose between energy access and innovation. “It is integrating both. By developing scalable, context-specific solutions, it is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He emphasized that international partnerships play a vital role in this ambitious effort. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusted partnership and appreciates the cooperation forged over decades. The leadership of both countries is committed to take this partnership to an even higher bar in the future,” summarized Reliance Industries’ CEO.

    NUCLEAR POWER PLANTS ARE NOT BEING WRITTEN OFF

    Rosneft CEO Igor Sechin, in his keynote speech at the Energy Panel, noted the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in future nuclear power will be in demand along with fossil sources and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, in turn, speaking on India’s energy outlook, emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s bold nuclear program, including small modular reactors, reflects its commitment to long-term energy security and decarbonization,” Prasad said.

    The renewed interest in investments in NPP construction was noted in the speech of Uzbek Minister of Energy Zhurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VWR type reactors – water-water power reactor. The head of the ministry also said that gas-fired power plants are being installed in the country, hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    ENERGY SECURITY IN FIRST PLACE

    Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, in her speech supported the thesis expressed by the head of Rosneft that energy security issues should come first.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, to avoid abrupt changes that could jeopardize energy security,” Rodriguez said.

    Venezuela’s Executive Vice President named the main components of a stable energy system of the future: energy security, reliable supply, accessibility for all, while respecting nature – with minimal environmental impact.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, said the answer to energy security is always to diversify supply sources, improve energy efficiency and seek alternative energy sources, including renewable energy, nuclear energy and regulate the market with predictable policies.

    AGAINST LOGIC

    The panelists drew attention to the political events of recent decades and stated that geopolitics is now shaping the direction of economic cooperation. And often against the logic of market expediency and economic efficiency.

    Tanaka recalled how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear power. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear power, but in order to use it in Germany, she said, give me votes in exchange. Yes, she’s a good scientist, but she’s also a very smart politician.”

    The professor is sure that despite her experience Merkel made a very serious mistake by changing the policy on the use of nuclear power plants under the pressure of public opinion. Another mistake was the refusal to use Russian energy carriers and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor of the 21st century global economy. It is geopolitical interests that brought the BRICS countries together.  The criterion for membership is not to use sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” said Alexander Dynkin, a member of the Russian Academy of Sciences.

    He noted that the European bureaucrats are concerned about the complete refusal of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, undermining the competitiveness of the EU,” – said Dynkin and recalled that if in 2014, the U.S. GDP was ahead of the EU GDP. US GDP was only 12% ahead of EU GDP, last year the US economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and migration crisis,” said the RAS academy member.

    DIGITAL REVOLUTION

    The thesis in Igor Sechin’s report that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies can provide, which will reduce the cost of bringing barrels to the surface.

    “We all know that just this year the Energy Strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we are not only working on expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    Source: Rosneft

    Headline: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of industry development presented by Igor Sechin, Head of Rosneft. In his report “Odyssey of the Global Economy in Search of the Golden Fleece. The New Landscape a of the Global Energy Industry”, he announced that the current state of the global energy industry is at the stage of formation of a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “synthesis of conventional and alternative energy sources”.

    The event, organized with the support of Rosneft, was addressed by Mohammed Bin Saleh Al-Sada, Chairman of the Rosneft Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Zhang Daowei, Vice President of CNPC, Shiva Prasad Panda Madhusudana, Executive Director of Reliance Industries, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, and David Gadzhimirzaev, President of TOFS.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to RES, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in the report that fossil fuels account for 80% of the global energy mix. “And this statistic has not changed for the last 20 years! We are fluttering around these 80% fossil fuels and energy sources, and so not much has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewables is being imposed on the industry and the public.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we actually transitioning from fossil fuels to renewable fuels?“,” Al-Sada addressed the audience.

    The Rosneft Chairman also noted that energy demand does not always coincide with production growth for various reasons.

    “I would like to express two small thoughts in order to further enhance the valuable things we heard in Mr. Sechin’s words. <...> Lack of investment is already a reality in the hydrocarbon and energy sectors. This is something that could really bring us to a serious energy shortage. “If this trend continues we could face an energy shortage. This is not only my personal opinion, but also what a large number of analysts, including the International Energy Agency, and other respected experts, who in their reviews have emphasized the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a primary energy shortage!”, emphasized Al-Sada.

    FUTURE FOR SYNERGY

    Zhang Daowei, Vice President of China’s CNPC, remarked on the interest in the report by Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of development of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to synergetic, integrated development of traditional and new energy sources, to take full account of the characteristics and degree of development of our countries’ markets, to properly link energy transition with energy security, and to promote a fair and sustainable model of energy transformation,” Daowei said.

    According to the vice president, under this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC is actively pursuing a green, low-carbon development strategy and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said that the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. Meanwhile, natural gas plays an important role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our LNG capacity and capability for both domestic and export needs,” he said.

    The Pertamina chief virtually reiterated the point made in Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high economic growth and carbon neutrality in parallel.

    Reliance Industries CEO P.M.S. Prasad said India does not choose between energy access and innovation. “It is integrating both. By developing scalable, context-specific solutions, it is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He emphasized that international partnerships play a vital role in this ambitious effort. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusted partnership and appreciates the cooperation forged over decades. The leadership of both countries is committed to take this partnership to an even higher bar in the future,” summarized Reliance Industries’ CEO.

    NUCLEAR POWER PLANTS ARE NOT BEING WRITTEN OFF

    Rosneft CEO Igor Sechin, in his keynote speech at the Energy Panel, noted the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in future nuclear power will be in demand along with fossil sources and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, in turn, speaking on India’s energy outlook, emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s bold nuclear program, including small modular reactors, reflects its commitment to long-term energy security and decarbonization,” Prasad said.

    The renewed interest in investments in NPP construction was noted in the speech of Uzbek Minister of Energy Zhurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VWR type reactors – water-water power reactor. The head of the ministry also said that gas-fired power plants are being installed in the country, hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    ENERGY SECURITY IN FIRST PLACE

    Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, in her speech supported the thesis expressed by the head of Rosneft that energy security issues should come first.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, to avoid abrupt changes that could jeopardize energy security,” Rodriguez said.

    Venezuela’s Executive Vice President named the main components of a stable energy system of the future: energy security, reliable supply, accessibility for all, while respecting nature – with minimal environmental impact.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, said the answer to energy security is always to diversify supply sources, improve energy efficiency and seek alternative energy sources, including renewable energy, nuclear energy and regulate the market with predictable policies.

    AGAINST LOGIC

    The panelists drew attention to the political events of recent decades and stated that geopolitics is now shaping the direction of economic cooperation. And often against the logic of market expediency and economic efficiency.

    Tanaka recalled how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear power. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear power, but in order to use it in Germany, she said, give me votes in exchange. Yes, she’s a good scientist, but she’s also a very smart politician.”

    The professor is sure that despite her experience Merkel made a very serious mistake by changing the policy on the use of nuclear power plants under the pressure of public opinion. Another mistake was the refusal to use Russian energy carriers and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor of the 21st century global economy. It is geopolitical interests that brought the BRICS countries together.  The criterion for membership is not to use sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” said Alexander Dynkin, a member of the Russian Academy of Sciences.

    He noted that the European bureaucrats are concerned about the complete refusal of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, undermining the competitiveness of the EU,” – said Dynkin and recalled that if in 2014, the U.S. GDP was ahead of the EU GDP. US GDP was only 12% ahead of EU GDP, last year the US economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and migration crisis,” said the RAS academy member.

    DIGITAL REVOLUTION

    The thesis in Igor Sechin’s report that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies can provide, which will reduce the cost of bringing barrels to the surface.

    “We all know that just this year the Energy Strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we are not only working on expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-Evening Report: Another Iraq? Military expert warns US has no real plan if it joins Israel’s war on Iran

    Report by Dr David Robie – Café Pacific.

    Iran’s Foreign Minister, Abbas Araghchi, held talks with France, Germany, and the United Kingdom yesterday in Geneva as Israel’s attacks on Iran entered a second week.

    A US-based Iranian human rights group reports the Israeli attacks have killed at least 639 people. Israeli war planes have repeatedly pummeled Tehran and other parts of Iran. Iran is responded by continuing to launch missile strikes into Israel.

    Hundreds of thousands of Iranians have protested in Iran against Israel. Meanwhile, President Trump continues to give mixed messages on whether the US will join Israel’s attack on Iran.

    On Wednesday, Trump told reporters, “I may do it, I may not do it”. On Thursday, White House Press Secretary Karoline Leavitt delivered a new statement from the President.

    KAROLINE LEAVITT: “Regarding the ongoing situation in Iran, I know there has been a lot of speculation among all of you in the media regarding the president’s decision-making and whether or not the United States will be directly involved.

    “In light of that news, I have a message directly from the president. And I quote, ‘Based on the fact that there’s a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks.’”

    AMY GOODMAN, The War and Peace Report: President Trump has repeatedly used that term, “two weeks,” when being questioned about decisions in this term and his first term as president. Leavitt delivered the message shortly after President Trump met with his former adviser, Steve Bannon, who has publicly warned against war with Iran.

    Bannon recently said, “We can’t do this again. We’ll tear the country apart. We can’t have another Iraq,” Bannon said.

    This comes as Trump’s reportedly sidelined National Intelligence Director Tulsi Gabbard from key discussions on Iran. In March, Gabbard told lawmakers the intelligence community, “Continues to assess that Iran is not building a nuclear weapon.”

    But on Tuesday, Trump dismissed her statement, saying, “I don’t care what she said.”

    Earlier Thursday, an Iranian missile hit the main hospital in Southern Israel in Beersheba. After the strike, Israeli Defense Minister Israel Katz threatened to assassinate Ayatollah Khamenei, saying Iran’s supreme leader, “Cannot continue to exist.”

    Israeli Prime Minister Benjamin Netanyahu visited the hospital and likened Iran’s attack to the London Blitz. Netanyahu stunned many in Israel by saying, “Each of us bears a personal cost. My family has not been exempt. This is the second time my son Avner has cancelled a wedding due to missile threats.”

    We’re joined now by William Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft. His new article for The National Interest is headlined, “Don’t Get Dragged Into a War with Iran.”

    Can you talk about what’s going on right now, Bill, the whole question of whether the U.S. is going to use a bunker-buster bomb that has to be delivered by a B-2 bomber, which only the US has?


    Another Iraq: Military expert warns US has no real plan    Video: Democracy Now!

    WILLIAM HARTUNG: Yeah. This is a case of undue trust in technology. The US is always getting in trouble when they think there’s this miracle solution. A lot of experts aren’t sure this would even work, or if it did, it would take multiple bombings.

    And of course, Iran’s not going to sit on its hands. They’ll respond possibly by killing US troops in the region, then we’ll have escalation from there. It’s reminiscent of the beginning of the Iraq War, when they said, “It’s going to be a cakewalk. It’s not going to cost anything.”

    Couple of trillion dollars, hundreds of thousands of casualties, many US veterans coming home with PTSD, a regime that was sectarian that paved the way for ISIS, it couldn’t have gone worse.

    And so, this is a different beginning, but the end is uncertain, and I don’t think we want to go there.

    AMY GOODMAN: So, can you talk about the GBU-57, the bunker-buster bomb, and how is it that this discussion going on within the White House about the use of the bomb — and of course, the US has gone back and forth — I should say President Trump has gone back and forth whether he’s fully involved with this war.

    At first he was saying they knew about it, but Israel was doing it, then saying, “We have total control of the skies over Tehran,” saying we, not Israel, and what exactly it would mean if the US dropped this bomb and the fleet that the US is moving in?

    WILLIAM HARTUNG: Yes, well, the notion is, it’s heavy steel, it’s more explosive power than any conventional bomb. But it only goes so deep, and they don’t actually know how deep this facility is buried. And if it’s going in a straight line, and it’s to one side, it’s just not clear that it’s going to work.

    And of course, if it does, Iran is going to rebuild, they’re going to go straight for a nuclear weapon. They’re not going to trust negotiations anymore.

    So, apparently, the two weeks is partly because Trump’s getting conflicting reports from his own people about this. Now, if he had actual independent military folks, like Mark Milley in the first term, I think we’d be less likely to go in.

    But they made sure to have loyalists. Pete Hegseth is not a profile in courage. He’s not going to stand up to Trump on this. He might not even know the consequences. So, a lot of the press coverage is about this bomb, not about the consequences of an active war.

    AMY GOODMAN: Right, about using it. In your recent piece, you wrote, “Israeli officials suggested their attacks may result in regime change in Iran, despite the devastating destabilising impact such efforts in the region would have.”

    Can you talk about the significance of Israel putting forward and then Trump going back and forth on whether or not Ali Khamenei will be targeted?

    WILLIAM HARTUNG: Yeah, I think my colleague Trita Parsi put it well. There’s been no example of regime change in the region that has come out with a better result. They don’t know what kind of regime would come in.

    Could be to the right of the current one. Could just be chaos that would fuel terrorism, who knows what else.

    So, they’re just talking — they’re winging it. They have no idea what they’re getting into. And I think Trump, he doesn’t want to seem like Netanyahu’s pulling him by the nose, so when he gets out in front of Trump, Trump says, “Oh, that was my idea.”

    But it’s almost as if Benjamin Netanyahu is running US foreign policy, and Trump is kind of following along.

    AMY GOODMAN: You have Netanyahu back in 2002 saying, “Iran is imminently going to have a nuclear bomb.” That was more than two decades ago.

    WILLIAM HARTUNG: Exactly. That’s just a cover for wanting to take out the regime. And he spoke to the US Congress, he’s made presentations all over the world, and his intelligence has been proven wrong over, and over, and over.

    And when we had the Iran deal, he had European allies, he had China, he had Russia. There hadn’t been a deal like that where all these countries were on the same page in living memory, and it was working.

    And Trump trashed it and now has to start over.

    AMY GOODMAN: So, talk about the War Powers Act. The Virginia Senator Kaine has said that — has just put forward a bill around saying it must be — Congress that must vote on this. Where is [Senator] Chuck Schumer [Senate minority leader]? Where is [Hakeem] Jeffries [Congress minoroity leader] on this, the Democratic House and Senate leaders?

    WILLIAM HARTUNG: Well, a lot of the so-called leaders are not leading. When is the moment that you should step forward if we’re possibly going to get into another disastrous war? But I think they’re concerned about being viewed as critical of Israel.

    They don’t want to go out on a limb. So, you’ve got a progressive group that’s saying, “This has to be authorised by Congress.” You’ve got Republicans who are doubtful, but they don’t want to stand up to Trump because they don’t want to lose their jobs.

    “Risk your job. This is a huge thing. Don’t just sort of be a time-server.

    AMY GOODMAN: So, according to a report from IAEA, the International Atomic Energy Agency, released in May, Iran has accumulated roughly 120 kilograms of uranium enriched to 60 percent, which is 30 percent away from weapons-grade level of 90 percent. You have Rafael Grossi, the head of the IAEA, saying this week that they do not have evidence that Iran has the system for a nuclear bomb.

    WILLIAM HARTUNG: Yes, well, a lot of the discussion points out — they don’t talk about, when you’ve got the uranium, you have to build the weapon, you have to make it work on a missile.

    It’s not you get the uranium, you have a weapon overnight, so there’s time to deal with that should they go forward through negotiations. And we had a deal that was working, which Trump threw aside in his first term.

    AMY GOODMAN: Talk about the foreign minister of Iran, Araghchi, in Geneva now speaking with his counterparts from Britain, France, the EU.

    WILLIAM HARTUNG: Well, I don’t think US allies in Europe want to go along with this, and I think he’s looking for some leverage over Trump. And of course, Trump is very hard to read, but even his own base, the majority of Trump supporters, don’t want to go to war.

    You’ve got people like Tucker Carlson, Steve Bannon saying it would be a disaster. But ultimately, it comes down to Trump. He’s unpredictable, he’s transactional, he’ll calculate what he thinks it’ll mean for him.

    AMY GOODMAN: And what impact does protests have around the country, as we wrap up?

    WILLIAM HARTUNG: Well, I think taking the stand is infectious. So many institutions were caving in to Trump. And the more people stand up, 2000 demonstrations around the country, the more the folks sitting on the fence, the millions of people who, they’re against Trump, but they don’t know what to do, the more of us that get involved, the better chance we have of turning this thing around.

    So, we should not let them discourage us. We need to build power to push back against all these horrible things.

    AMY GOODMAN: Finally, if the US were to bomb the nuclear site that it would require the bunker-buster bomb to hit below ground, underground. Are we talking about nuclear fallout here?

    WILLIAM HARTUNG: I think there would certainly be radiation that would of course affect the Iranian people. They’ve already had many civilian deaths. It’s not this kind of precise thing that’s only hitting military targets.

    And that, too, has to affect Iran’s view of this. They were shortly away from another negotiation, and now their country’s being devastated, so can they trust us?

    AMY GOODMAN: Bill Hartung is senior research fellow at the Quincy Institute for Responsible Statecraft. His new piece for The National Interest is headlined, “Don’t Get Dragged Into a War with Iran.”

    Republished from Democracy Now! under Creative Commons.

    This article was first published on Café Pacific.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Governor Hochul Appears on Dan Mannarino Show

    Source: US State of New York

    arlier today, Governor Kathy Hochul was a guest on PIX 11’s “PIX on Politics Daily with Dan Mannarino.”

    AUDIO: The Governor’s remarks are available in audio form here.

    A rush transcript of the Governor’s remarks is available below:

    Dan Mannarino, PIX 11:  I spoke to Governor Kathy Hochul about that and many other topics in a wide ranging interview. The governor is going on the record. And, Governor Hochul is joining me now, great to have you here in person, Governor.

    Governor Hochul: Thanks. Great to be back, Dan.

    Dan Mannarino, PIX 11: It’s been a busy week and I want to begin what we saw play out on Tuesday, a city comptroller, Brad Lander, a mayoral candidate, arrested, and he was there escorting this man Edgardo out of his court date trying to get this legal status. When you went down there, what was your encounter with both the ICE officials and Mr. Lander?

    Governor Hochul: I went down there, literally had been in Little Haiti, visiting the community, a community that’s under siege. I got the word of what happened and I just declared it as unacceptable in a different word, but I said it was very unacceptable. I went down there, and I went into the federal building, went up to the ninth floor, and they were holding him in this area behind a number of guards. I mean there was ICE agents there, and no one else was around. I just said, “I’m not leaving until Mr. Lander walks out with me.”

    And I stood there, and I talked to people, and I brought in my Homeland Security team and others to be reinforcements and to find out what’s going on. Eventually, they went and told him and he said he overheard them saying “the Governor’s here, we’ll let you go.” So I walked out with him, we went down to the street.

    He was reacquainted with his wife, Meg, who I had seen on the street and gave her a hug because you don’t know what’s happening. Are they going to press some, made up, trumped up charges, literally trumped up charges or what, but they ended up saying yesterday there were no charges being brought. It’s just to see someone like a Brad Lander, I mean, he knows he’s got attention on his case.

    He’s got a Governor coming down there. He’s got all the resources he needs, attorneys, and it just puts a spotlight on all the people who are not an elected official.

    Dan Mannarino, PIX 11: For example, Edgardo.

    Governor Hochul: Yes.

    Dan Mannarino, PIX 11: Where is he?

    Governor Hochul: We don’t know, I mean, we don’t know and here’s what I called out. It’s so cruel. People are sitting ducks. They came here with legal status, temporary protected status seeking asylum. They came here during the Biden administration. You can agree or disagree with that policy, but they’re here and they’re following the rules. They’re showing up to a court date that they’re told to come for, go before a judge, and while they’re in there their status is revoked. They walk out, and they’re told they’re criminals now, and ICE just grabs them.

    Dan Mannarino, PIX 11: So let me ask you this, is there anything that you or the state can do in a moment like this to protect those who are simply following the law? They get a court date, they show up. The city’s guidance from Mayor Adams has been, go to your court cases, go to school, go to hospitals, and if anybody shows up from ICE, ask for a warrant, which is what Mr. Lander did, and now they’re saying that he didn’t see the warrant.

    Governor Hochul: That’s right, that’s exactly right. They’re not even following the rules that are in play here, but we’ve provided legal services and funding, fifty million dollars. I increased it significantly in our budget knowing that this was happening. We have great coalitions, the Immigration Coalition and others that are stepping up and getting the money out to people, training people on what to do–but this is an unprecedented time in American history. It truly, truly is.

    When people who are following the rules, following the laws, taking care of people as home healthcare aides. 160 Haitians losing their jobs because who’s going to take care of the moms and dads and the grandma and grandpas who need this care. So they’re not even looking at the impact of the loss of these people who are workers.

    The loss to our tax base, the loss to our community, and so I will help every day of the week with criminals. I said that during eight hours of grueling hearing testimony in Congress, which was just a farce to even have to drag governors like myself down there, but we did it, we endured it, put up with a lot of crap.

    But we said we do help with law enforcement when we want to remove criminals, people that are dangerous, and this is not what they’re doing. They are removing law abiding people who literally walk on their own into a courthouse.

    Dan Mannarino, PIX 11: Let me ask you about that testimony, right you brought it up, you were there for hours and you were grilled by both Democrats and Republicans. I guess the question is have you spoken to President Trump about what you’re talking about going after the worst of the worst. You were pressed on sanctuary city status, but the President had campaigned on going after the worst of the worst. What have those conversations been?

    Governor Hochul: No, I had them with him before and I was actually going to reach out again, but he has been distracted with the situation in the Middle East, and so I waited, but I will have that conversation again. I had it in the Oval Office. I had Kristi Noem sitting next to me when I had this conversation. I said, “we, as part of our policies, we’ll help you go after the criminals.” The ones not a crime of crossing the border. That’s not what we’re talking about. That can be enforced civilly.

    You do your civil enforcement, that’s not our job. I will help you if you’ve got evidence that someone’s a member of a gang or human trafficking or running drugs or guns. We don’t want them in our streets either. I’ve worked really hard for the last four years to make our streets safer, and we’re seeing the results. So I’m here for that, but why are we being asked to divert our resources to help you do your job, which I don’t even agree with.

    Dan Mannarino, PIX 11: And speaking of resources, we’re seeing what’s going to play out in Los Angeles and California right now with the National Guard being brought in because of these issues of protesters are on the street right, and Mayor Adam said that he sent his deputy mayor and his chief of police, chief of department to meet with President Trump, play golf and persuade him not to send the National Guard here. The Mayor says he spoke to you about that. Were you okay with them meeting on a golf course to talk about this?

    Governor Hochul: That’s how they do their business. I’m not going to question it, that’s not my decision, but I’m having the same conversations. I want them to know, first of all, I’m the commander in chief of the New York State National Guard, I am, and there are only extreme cases when the President can usurp that.

    Those cases were not called for in Los Angeles. What I’m saying is I believe in our law enforcement, I support them. Our NYPD is 32,000 people strong. They’re some of the best trained in the world, they can handle crowds. So you’re basically saying, the Trump administration is saying, “We don’t trust you law enforcement to do your jobs, so we’re going to kind of bigfoot you and show our force.” It’s unnecessary.

    Dan Mannarino, PIX 11: But can you stop it?

    Governor Hochul: I will not be cooperating in that effort. But I will demonstrate that first of all, we can peacefully assemble. That happened, with millions of people, last weekend. Let’s put a spotlight on that and what we don’t want, is to be baited into what Donald Trump wants. He wants nothing more than to see more police cars burning and turned upside down and violence in the streets.

    Now, the concentration in Los Angeles was a smaller area. It was exaggerated. Most of the city was just fine, but he wants that in Chicago and New York. He basically said that. So we are ready for it, but no one should take the bait. Don’t take the bait and give him what he wants.

    Dan Mannarino, PIX 11: This is all playing out during a political season here in New York with the mayor’s race, and they’re all using this as part of their campaigns. Now, we just had a poll come out from Marist that shows Andrew Cuomo is upping the polls here. You served as his Lieutenant Governor and you’d potentially have to work with him as mayor. When’s the last time you spoke to Mr. Cuomo?

    Governor Hochul: A few months. But I’ll tell you this, the voters will decide. I have such respect for the voters of New York City, that I will work with whomever they want me to, and if it’s mutual, if the next mayor. Or the current mayor — whoever it is — wants to work with me and is willing to, they will see the benefits of what I showed Mayor Adams for four years and changing the whole dynamic between the conflict that was always there between Albany and New York City. It doesn’t have to be that way.

    Dan Mannarino, PIX 11: One of them is Zohran Mamdani — who says that he would need to work with Albany — and you — very closely, and his whole campaign is based on raising taxes, which he says that he can get you to be on board with. Would you be on board with that?

    Governor Hochul: No, I’m not raising taxes on people at a time when affordability is the big issue. I’m actually cutting middle class taxes.

    Dan Mannarino, PIX 11: Even on the wealthy?

    Governor Hochul: I don’t want to lose any more people to go to Palm Beach. We’ve lost enough. We had a major out-migration when Republicans in Congress eliminated the state local tax deduction.

    New Yorkers paid $72 billion more to the federal government over the last seven years because Republicans didn’t stand up and they need a full restoration of this. So that was a driver. I don’t want to give anyone else who’s supporting our economy and their taxes are appreciated and their support for the philanthropies, etcetera. Driving them to Florida does not help us. So let’s be smart about this.

    Dan Mannarino, PIX 11: I want to talk about the other race, and that’s the race for governor. Lieutenant Governor, your lieutenant Governor Antonio Delgado, has announced he’s running against you. What does that mean? Is he tasked with anything right now by you as he now looks to take your job?

    Governor Hochul: No, he decided to go in a different direction. But I’m not focused on that at all. I really —

    Dan Mannarino, PIX 11: But he’s your Lieutenant Governor, so you don’t give him any responsibilities?

    Governor Hochul: No, he’s determined to take another course. So he’s basically — he collects his paycheck.

    Dan Mannarino, PIX 11: Should he stand down?

    Governor Hochul: A lot of people have said that. I will tell you — I will focus on campaigning when the time comes. I’m very competitive. It’s my 16th election. I know how to win, and I will win. But right now, with so much going on, I have to focus on Washington. I have to focus on this big ugly bill, which is going to eviscerate health care institutions everywhere I’ve been visiting.

    We just did a billion dollars to help SUNY Downstate in Brooklyn, giving central Brooklyn the high quality health care they deserve. And what’s happening at the same time we’re doing this, the federal government stands to take $13.5 billion from our health care systems. I’ve got that fight. I’ve got a fight on tariffs, which are hurting our state tremendously, especially in the North Country and also what’s happening with immigration. So I’m very busy doing my job.

    Dan Mannarino, PIX 11: You’re saying others are calling for him to step down, but you don’t think — you’re not saying it.

    Governor Hochul: I’m not — I don’t really care.

    Dan Mannarino, PIX 11: I want to talk about the big issue right now in terms of the budget, right? Because it is budget season and there’s so much to talk about. But I do want to talk about local issues and what it affects New Yorkers. And come next year, $13.5 million to enact a cell phone ban in schools. And my curiosity is how do you implement that, right? Because on paper, yes, you can say everyone’s — but it’s up to the individual schools to follow through. So how do you make it happen?

    Governor Hochul: Oh, we are aggressively working on this to educate all the school districts, educate the parents. Law enforcement plays a role in this too, because they need to persuade the parents that the most dangerous thing, if there is an incident on the school grounds, a shooting, for example, that it’s not safe for their kids to be reaching for their cell phone and videoing it.

    So I’m really excited about this when I go around the city, more people have raised this is something they’re really happy we did. We’re the largest state in America to have a full ban morning until nighttime. Your little girl will grow up in a world where she never even knew you could have a cell phone.

    And she’ll be smarter and more — have better mental health outcomes because our kids today are under such stress. And as a mom, I’m making sure we’re doing everything we can. This is going to be a game changer.

    Dan Mannarino, PIX 11: Yeah. But if a school says, “I don’t want to do it.”

    Governor Hochul: No, they have to do it.

    Dan Mannarino, PIX 11: They have to do it.

    Governor Hochul: It’s the law. This is why it took me a year to get this done. There’s a lot of opposition. And I said, “We need this done.” Every school has to comply with this. Make sure that parents know how to reach their kids during the day. Just like we did in the old days. We used to call the office and you have to have the phone away from the kids, not in their pockets.

    Don’t let them store it where they want. You have to have your own policy. I’m not going to dictate that. But from morning until school day ends, even during lunch and breaks, gym class because they need to start making friends again. They need to be kids again. We’re giving them their childhood back.

    Dan Mannarino, PIX 11: Can we bring back snow days?

    Governor Hochul: I’m from Buffalo. Don’t tell me about that — we went to school during so many blizzards. They thought it was a sign of weakness if you took a snow day. No, we always went to school during blizzards.

    Dan Mannarino, PIX 11: Governor Kathy Hochul, I always appreciate you coming in. Good to see you.

    Governor Hochul: Good to see you too, Dan.

    MIL OSI USA News

  • MIL-OSI Russia: Global energy balance: heads of major energy companies and experts at SPIEF discussed the future of energy

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of the industry development presented by Rosneft CEO Igor Sechin. In his report “The Odyssey of the World Economy in Search of the Golden Fleece. The New Image of World Energy,” he announced that the current state of world energy is at the stage of forming a new image, caused by the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “the synthesis of traditional and alternative energy sources.”

    The event, organized with the support of PJSC NK Rosneft, was attended by Chairman of the Board of Directors of Rosneft Mohammed Bin Saleh Al-Sada, Executive Vice President of the Republic of Venezuela Delcy Rodriguez, Chief Executive Officer of Pertamina Simon Aloysius Mantiri, Vice President of CNPC Zhang Daowei, Executive Director of Reliance Industries Panda Madhusudana Shiva Prasad, Academician of the Russian Academy of Sciences Alexander Dynkin, Minister of Energy of the Republic of Uzbekistan Jurabek Mirzamakhmudov, Chairman of the Supervisory Board of the non-profit initiative of the Japanese government for the development of low-carbon technologies Nobuo Tanaka, as well as President of TOFS Group David Gadzhimirzaev.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of the board of directors of Rosneft drew the audience’s attention to the fact that, despite the active promotion of the idea of switching to renewable energy sources, the share of fossil energy sources in the energy balance has not changed in recent decades. He recalled that Igor Sechin mentioned in his report that fossil fuels account for 80% of the world’s energy balance. “And these statistics have not changed in the last 20 years! We flutter around these 80% of fossil fuels and energy sources, and, therefore, little has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewable energy sources is being imposed on the industry and the public.

    “I would also like to take the baton from Mr. Sechin and pass on my comment to you. This is food for thought: are we really moving from fossil fuels to renewables?” Al-Sada addressed the audience.

    The Chairman of the Board of Directors of Rosneft also noted that the demand for energy for various reasons does not always coincide with the growth of production. “I would like to express two small thoughts in order to further color the valuable things that we heard in the words of Mr. Sechin. The lack of investment is already a reality in the hydrocarbon and energy sectors. This is what can really lead us to a serious shortage of energy. “If this trend continues, we may face a shortage of energy resources. This is not only my personal opinion, but also what a large number of analysts say, including the International Energy Agency and other respected experts, who in their reviews emphasize the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a shortage of primary energy!” Al-Sada emphasized.

    THE FUTURE IS SYNERGY

    Vice President of China’s CNPC Zhang Daowei noted that he listened with interest to the report of Rosneft’s Chief Executive Officer. In his speech, the top manager of the Chinese company expressed similar assessments of the development paths of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to the synergetic, comprehensive development of traditional and new energy sources, fully take into account the characteristics and level of development of our countries’ markets, properly link the energy transition with energy security, and promote a fair and sustainable model of energy transformation,” Daowei noted.

    According to the vice president, within the framework of this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields at home and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC actively adheres to the strategy of “green”, low-carbon development and implements the development of the “three-step strategy” combining oil and gas projects using wind, solar, geothermal, hydrogen and carbon capture technologies.

    Indonesia’s Pertamina President and CEO Simon Aloysius Mantiri said the company is pursuing a dual growth strategy that relies on both traditional resources and low-carbon solutions, with natural gas playing a major role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our capacity and ability to produce LNG for both domestic and export needs,” he said.

    The head of Pertamina essentially repeated the thesis voiced in Igor Sechin’s report, and particularly emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is capable of ensuring high rates of economic growth and, at the same time, carbon neutrality.

    Reliance Industries CEO PMS Prasad said India does not choose between energy access and innovation. “It integrates both. By developing scalable, context-specific solutions, it addresses local priorities while making a significant contribution to global sustainability. From rural microgrids to energy-efficient data centres, India is turning its potential into a strategic asset,” Prasad said.

    He stressed that international partnerships play a vital role in this ambitious endeavour. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusting partnership and appreciates the cooperation built over decades. The leadership of both countries is committed to taking this partnership to even higher levels in the future,” the Reliance Industries CEO concluded.

    NUCLEAR POWER PLANTS ARE NOT WRITTEN OFF THE ACCOUNTS

    Rosneft CEO Igor Sechin noted in his keynote speech at the Energy Panel the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in the future nuclear energy will be in demand along with fossil fuels and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, speaking in turn about the prospects for the development of India’s energy sector, particularly emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s ambitious nuclear programme, including small modular reactors, reflects its commitment to long-term energy security and decarbonisation,” Prasad said.

    The revival of interest in investment in the construction of nuclear power plants was noted in the speech of the Minister of Energy of Uzbekistan Jurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VVR-type reactors – water-cooled power reactors. The head of the ministry also reported that the country is installing power plants where gas is burned, hydropower is developing, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the content of Igor Sechin’s report, which provided a detailed analysis and reflected all the development trends in global energy, science and economics.

    ENERGY SECURITY FIRST

    In her speech, the Executive Vice President of the Republic of Venezuela, Delcy Rodriguez, supported the thesis expressed by the head of Rosneft that issues of ensuring energy security should be a top priority.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, in order to avoid abrupt changes that could threaten energy security,” Rodriguez said.

    The Executive Vice President of Venezuela named the main components of a stable energy system of the future: energy security, reliable supplies, accessibility for all, and at the same time respect for nature – with minimal impact on the environment.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Chairman of the Supervisory Board of the Japanese government’s non-profit initiative to develop low-carbon technologies Nobuo Tanaka, in turn, noted that the answer to energy security issues is always associated with diversification of supply sources, increasing energy efficiency and searching for alternative energy sources, including renewable energy sources, nuclear energy and regulating the market through predictable policies.

    CONTRARY TO LOGIC

    The participants in the discussion drew attention to the political events of the last decades and stated that today geopolitics shapes the directions of economic cooperation. Moreover, often contrary to the logic of market expediency and economic efficiency.

    Tanaka recalled in this regard how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear energy. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear energy, but in order to use it in Germany, she said, give me the votes of the voters in exchange for it. Yes, she is a good scientist, but she is also a very smart politician.”

    The professor is sure that despite her experience, Merkel made a very serious mistake by changing her policy on the use of nuclear power plants under pressure from public opinion. Another mistake was the refusal to use Russian energy resources and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor in the global economy of the 21st century. It is geopolitical interests that united the BRICS countries. The criterion for membership is not the application of sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” says academician of the Russian Academy of Sciences Alexander Dynkin.

    He noted that Eurocrats are concerned about the complete rejection of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, which undermines the competitiveness of the EU,” Dynkin noted and recalled that if in 2014 the US GDP was ahead of the EU GDP by only 12%, then last year the American economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and a migration crisis,” said the member of the Russian Academy of Sciences.

    DIGITAL REVOLUTION

    The thesis voiced in Igor Sechin’s report that the digital revolution is opening a new era in the development of the oil and gas industry received a warm response from the audience. In particular, David Gadzhimirzaev, CEO of the oilfield services company TOFS, thanked Rosneft for supporting innovation and developing technologies. He emphasized the importance of ensuring the availability, stability and reliability of resources, which can be provided by new technologies that will reduce the cost of lifting barrels to the surface.

    “We all know that literally this year the energy strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we, in turn, are not only working on the expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Igor Sechin: An ill-conceived strategy has led to the cost of electricity in Europe being five times higher than in the US

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    The abolition of subsidies for green energy in the United States shows that this country, unlike the European Union, is returning to a pragmatic policy, believes Rosneft CEO Igor Sechin.

    The head of the Company noted that in the United States, where electricity consumption has once again begun to grow after a decade of stagnation, the new administration is already revising the energy strategy in favor of traditional sources. Thus, President Trump recently signed a number of executive orders aimed at reviving the coal industry. At the same time as easing regulations, the US Department of Energy increased its forecast for American coal production this year by 6%.

    “The abolition of subsidies for “green” energy in the United States shows that this country, unlike the European Union, is returning to a pragmatic policy. An ill-considered strategy of abandoning traditional generation has already led to the fact that the cost of electricity in Europe today is five times higher than in the United States,” said the head of Rosneft at the Energy Panel within the framework of the XXVIII St. Petersburg International Economic Forum.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: US oil production at current prices has reached its peak – Sechin

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Oil production in the US at current prices has probably reached its peak, said Rosneft CEO Igor Sechin at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    In his keynote address, the Company’s CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates are not decreasing. Against this background, the number of active drilling rigs has fallen by 9% to 439 units over the past two months and oil production growth has stopped. In less than a year, the US Department of Energy has reduced its forecast for oil production in the US by the end of 2025 by 400 thousand barrels per day.

    “At current prices, oil production in the US has apparently peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by US Energy Secretary Chris Wright, expects drilling activity to slow significantly in the second half of this year, which should lead to a reduction in the US drilling fleet by about another 10%. “It is not surprising that against this backdrop, many shale players have already begun to reduce investments,” the head of Rosneft believes.

    He noted that the sharp decline in oil prices this year has already led to a revision of investment plans. According to the latest IEA estimate, global investment in oil exploration and production will fall by 6% this year for the first time in five years, with the drop in the US being around 10%. “I think this is just the beginning,” the head of Rosneft noted.

    “The new US Treasury Secretary Scott Bessent has repeatedly stated that for Trump’s second presidential term to be successful, oil production in the country must increase by three million barrels per day. This is part of the so-called “3-3-3 Plan,” which also implies reducing the US budget deficit to 3% of GDP and achieving three percent GDP growth,” Igor Sechin recalled.

    The head of the Company also wonders what difference it makes for the American market where these barrels come from? “It is quite possible that these could be barrels produced in OPEC member countries. The Alliance has consistently, since the end of last year, stated the need to increase production in connection with changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interests of states, it is necessary to take into account the interests of shareholders. Low oil prices in the current period do not allow many companies to maintain the previous level of dividend payments and share buybacks, the head of Rosneft said. According to the assessment of Rystad Energy experts, cited by Sechin, if oil majors maintain payments to shareholders, then already this year they will have to almost completely abandon investments or significantly increase their debt.

    “The price decline has already started to affect the major players, with BP and Chevron cutting their share buybacks by nearly 60% and 30%, respectively, and Aramco having to increase its debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-Evening Report: Analyst dismisses ‘lie by rogue’ Netanyahu over Iran’s nuclear programme

    Asia Pacific Report

    A leading Middle East analyst has pushed back against US President Donald Trump’s dismissal of the conclusion of his own national intelligence chief, who said in April that Iran is not building a nuclear weapon.

    Marwan Bishara, Al Jazeera’s senior political analyst, said in an interview that Tulsi Gabbard, the US Director of National Intelligence, who issued the determination on Iran, “does not speak for herself” or her team alone.

    “She speaks for all the intelligence agencies combined,” Bishara said.

    “This intelligence is supposed to be sound. This is not just one person or one team saying something. It’s the entire intelligence community in the United States. He [Trump] would dismiss them? For what?

    “For a lie by a rogue element called Benjamin Netanyahu, who has lied all his life, a con artist who is indicted for his crimes in Gaza? It’s just astounding.”

    US senators slam Netanyahu
    Two US senators have also condemned Netanyahu while Israel continues to bomb and starve Gaza

    Chris Van Hollen and Elizabeth Warren, two Democrats in the US Senate, have urged the world to pay attention to what Israel continues to do in Gaza amid its conflict with Iran.

    “Don’t look away,” Van Hollen wrote on X. “Since the start of the Israel-Iran war 7 days ago, over 400 Palestinians in Gaza have been killed, many shot while seeking food.

    “It’s unconscionable that Netanyahu has not allowed international orgs to resume food delivery.”

    Warren said the Israeli prime minister “may think no one will notice what he’s doing in Gaza while he bombs Iran”.

    “People face starvation. 55,000 killed. Aid workers and doctors turned away at the border. Shooting at innocent people desperate for food. The world sees you, Benjamin Netanyahu,” she wrote.

    ‘A trust gap’
    The UN Secretary-General, António Guterres, appealed for an end to the fighting between Israel and Iran, saying that Teheran had repeatedly stated that it was not seeking nuclear weapons.

    “Let’s recognise there is a trust gap,” he said.

    “The only way to bridge that gap is through diplomacy to establish a credible, comprehensive and verifiable solution — including full access to inspectors of the IAEA [International Atomic Energy Agency], as the United Nations technical agency in this field.

    “For all of that to be possible, I appeal for an end to the fighting and the return to serious negotiations.”

    UN Secretary-General António Guterres . . . “I appeal for an end to the fighting and the return to serious negotiations.” Image: UNweb screenshot APR

    Meanwhile, in New Zealand hope for freedom for Palestinians remained high among a group of trauma-struck activists in Cairo.

    In spite of extensive planning, the Global March To Gaza (GMTG) delegation of about 4000 international aid volunteers was thwarted in its mission to walk from Cairo to Gaza to lend support.

    Asia Pacific Report special correspondents report on the saga.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: It’s hard to ask Israel to stop striking Iran – D. Trump

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    NEW YORK, June 20 (Xinhua) — U.S. President Donald Trump said on Friday that he is seeking a diplomatic solution to the conflict in the Middle East but it will be difficult to ask Israel to stop airstrikes on Iran.

    According to local media, the head of the White House told journalists about this in New Jersey, where he attended a fundraising event on his golf course.

    D. Trump also dismissed the EU’s attempts to establish diplomatic interaction with Iran. “They have not helped… Iran does not want to talk to Europe. They want to talk to us. Europe is unlikely to be able to help in this matter,” the president noted.

    Earlier, State Department spokeswoman Tammy Bruce said she “cannot speculate” on whether the Trump administration would push for a ceasefire between Iran and Israel to advance nuclear talks with Tehran. “I’m not going to describe what’s happening now or the president’s or secretary’s reactions to how those talks might go,” she said at a briefing on Friday. –0–

    MIL OSI Russia News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 21, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 21, 2025.

    Former New Zealand PM Helen Clark blames Cook Islands for crisis
    By Lydia Lewis, RNZ Pacific presenter/producer Former New Zealand Prime Minister Helen Clark believes the Cook Islands, a realm of New Zealand, caused a crisis for itself by not consulting Wellington before signing a deal with China. The New Zealand government has paused more than $18 million in development assistance to the Cook Islands after

    View from The Hill: Albanese decides against pursuing Donald Trump to NATO
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Anthony Albanese, just back from the G7 and his cancelled meeting with Donald Trump, has abandoned the idea of going to next week’s NATO meeting in pursuit of face time with the elusive president. The word was that the prime

    Britain’s support for AUKUS is unwavering – but its capacity to deliver is another matter
    Source: The Conversation (Au and NZ) – By Tom Howe, PhD candidate in International Relations, Monash University A recently announced Pentagon review of the AUKUS pact has sparked a renewed bout of debate in Australia. Led by the “AUKUS-agnostic” US Undersecretary of Defense Elbridge Colby, the review raises serious questions over whether Australia will receive

    ‘I was in a semi-breaking-down sort of place’: new study sheds light on the emotional toll for emergency volunteers
    Source: The Conversation (Au and NZ) – By Natalie Roche, PhD Candidate, Centre for Ergonomics and Human Factors, La Trobe University Sergey Dolgikh/Getty Images In Australia, there are around 235,000 emergency service volunteers who help communities respond and recover after natural disasters and other traumatic events. These include volunteers with metropolitan and rural fire services

    Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position
    Source: The Conversation (Au and NZ) – By Shumi Akhtar, Associate Professor, University of Sydney Marlon Trottmann/Shutterstock The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on

    15 months after ‘flour massacre’ shock, Israel commits daily Gaza food aid killings
    BEARING WITNESS: By Cole Martin in occupied Bethlehem Kia ora koutou,  I’m a Kiwi journo in occupied Bethlehem, here’s a brief summary of today’s events across the Palestinian and Israeli territories from on the ground. At least 16 killed by Israeli airstrike on al-Shati refugee camp in northern Gaza. 92 killed across Gaza in total,

    ER Report: A Roundup of Significant Articles on EveningReport.nz for June 20, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 20, 2025.

    ER Report: A Roundup of Significant Articles on EveningReport.nz for June 20, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 20, 2025.

    MIL OSI AnalysisEveningReport.nz

  • Iran, Israel launch new attacks after Tehran rules out nuclear talks

    Source: Government of India

    Source: Government of India (4)

    Iran and Israel exchanged fresh attacks early on Saturday, a day after Tehran said it would not negotiate over its nuclear programme while under threat and Europe tried to keep peace talks alive.
    Shortly after 2:30 a.m. in Israel (2330 GMT on Friday), the Israeli military warned of an incoming missile barrage from Iran, triggering air raid sirens across parts of central Israel, including Tel Aviv, as well as in the Israeli-occupied West Bank.

    Interceptions were visible in the sky over Tel Aviv, with explosions echoing across the metropolitan area as Israel’s air defence systems responded.

    At the same time, Israel launched a new wave of attacks against missile storage and launch infrastructure sites in Iran, the Israeli military said.
    Sirens also sounded in southern Israel, said Magen David Adom, Israel’s national emergency service. An Israeli military official said Iran had fired five ballistic missiles and that there were no immediate indications of any missile impacts.

    There were no initial reports of casualties.

    The emergency service released images showing a fire on the roof of a multi-storey residential building in central Israel. Local media reported that the fire was caused by debris from an intercepted missile. Israel began attacking Iran last Friday, saying its longtime enemy was on the verge of developing nuclear weapons. Iran, which says its nuclear programme is only for peaceful purposes, retaliated with missile and drone strikes on Israel.

    Israel is widely assumed to possess nuclear weapons. It neither confirms nor denies this.

    Its air attacks have killed 639 people in Iran, according to the Human Rights Activists News Agency, a U.S.-based human rights organisation that tracks Iran. The dead include the military’s top echelon and nuclear scientists.

    In Israel, 24 civilians have been killed in Iranian missile attacks, according to authorities.

    TALKS SHOW LITTLE PROGRESS

    Iran has repeatedly targeted Tel Aviv, a metropolitan area of around 4 million people and the country’s business and economic hub, where some critical military assets are also located.
    Israel said it had struck dozens of military targets on Friday, including missile production sites, a research body it said was involved in nuclear weapons development in Tehran and military facilities in western and central Iran.

    Iranian Foreign Minister Abbas Araqchi said there was no room for negotiations with the U.S. “until Israeli aggression stops”. But he arrived in Geneva on Friday for talks with European foreign ministers at which Europe hopes to establish a path back to diplomacy.
    U.S. President Donald Trump on Friday reiterated that he would take as long as two weeks to decide whether the United States should enter the conflict on Israel’s side, enough time “to see whether or not people come to their senses”, he said.

    Trump said he was unlikely to press Israel to scale back its airstrikes to allow negotiations to continue.
    “I think it’s very hard to make that request right now. If somebody is winning, it’s a little bit harder to do than if somebody is losing, but we’re ready, willing and able, and we’ve been speaking to Iran, and we’ll see what happens,” he said.

    The Geneva talks produced little signs of progress, and Trump said he doubted negotiators would be able to secure a ceasefire.
    “Iran doesn’t want to speak to Europe. They want to speak to us.

    Europe is not going to be able to help in this one,” Trump said.
    Hundreds of U.S. citizens have fled Iran since the air war began, according to a U.S. State Department cable seen by Reuters.

    Israel’s envoy to the United Nations, Danny Danon, told the Security Council on Friday his country would not stop its attacks “until Iran’s nuclear threat is dismantled”. Iran’s U.N. envoy Amir Saeid Iravani called for Security Council action and said Tehran was alarmed by reports that the U.S. might join the war.

    Russia and China demanded immediate de-escalation.

    A senior Iranian official told Reuters that Iran was ready to discuss limitations on uranium enrichment but that it would reject any proposal that barred it from enriching uranium completely, “especially now under Israel’s strikes”.

    -Reuters

  • Iran, Israel launch new attacks after Tehran rules out nuclear talks

    Source: Government of India

    Source: Government of India (4)

    Iran and Israel exchanged fresh attacks early on Saturday, a day after Tehran said it would not negotiate over its nuclear programme while under threat and Europe tried to keep peace talks alive.
    Shortly after 2:30 a.m. in Israel (2330 GMT on Friday), the Israeli military warned of an incoming missile barrage from Iran, triggering air raid sirens across parts of central Israel, including Tel Aviv, as well as in the Israeli-occupied West Bank.

    Interceptions were visible in the sky over Tel Aviv, with explosions echoing across the metropolitan area as Israel’s air defence systems responded.

    At the same time, Israel launched a new wave of attacks against missile storage and launch infrastructure sites in Iran, the Israeli military said.
    Sirens also sounded in southern Israel, said Magen David Adom, Israel’s national emergency service. An Israeli military official said Iran had fired five ballistic missiles and that there were no immediate indications of any missile impacts.

    There were no initial reports of casualties.

    The emergency service released images showing a fire on the roof of a multi-storey residential building in central Israel. Local media reported that the fire was caused by debris from an intercepted missile. Israel began attacking Iran last Friday, saying its longtime enemy was on the verge of developing nuclear weapons. Iran, which says its nuclear programme is only for peaceful purposes, retaliated with missile and drone strikes on Israel.

    Israel is widely assumed to possess nuclear weapons. It neither confirms nor denies this.

    Its air attacks have killed 639 people in Iran, according to the Human Rights Activists News Agency, a U.S.-based human rights organisation that tracks Iran. The dead include the military’s top echelon and nuclear scientists.

    In Israel, 24 civilians have been killed in Iranian missile attacks, according to authorities.

    TALKS SHOW LITTLE PROGRESS

    Iran has repeatedly targeted Tel Aviv, a metropolitan area of around 4 million people and the country’s business and economic hub, where some critical military assets are also located.
    Israel said it had struck dozens of military targets on Friday, including missile production sites, a research body it said was involved in nuclear weapons development in Tehran and military facilities in western and central Iran.

    Iranian Foreign Minister Abbas Araqchi said there was no room for negotiations with the U.S. “until Israeli aggression stops”. But he arrived in Geneva on Friday for talks with European foreign ministers at which Europe hopes to establish a path back to diplomacy.
    U.S. President Donald Trump on Friday reiterated that he would take as long as two weeks to decide whether the United States should enter the conflict on Israel’s side, enough time “to see whether or not people come to their senses”, he said.

    Trump said he was unlikely to press Israel to scale back its airstrikes to allow negotiations to continue.
    “I think it’s very hard to make that request right now. If somebody is winning, it’s a little bit harder to do than if somebody is losing, but we’re ready, willing and able, and we’ve been speaking to Iran, and we’ll see what happens,” he said.

    The Geneva talks produced little signs of progress, and Trump said he doubted negotiators would be able to secure a ceasefire.
    “Iran doesn’t want to speak to Europe. They want to speak to us.

    Europe is not going to be able to help in this one,” Trump said.
    Hundreds of U.S. citizens have fled Iran since the air war began, according to a U.S. State Department cable seen by Reuters.

    Israel’s envoy to the United Nations, Danny Danon, told the Security Council on Friday his country would not stop its attacks “until Iran’s nuclear threat is dismantled”. Iran’s U.N. envoy Amir Saeid Iravani called for Security Council action and said Tehran was alarmed by reports that the U.S. might join the war.

    Russia and China demanded immediate de-escalation.

    A senior Iranian official told Reuters that Iran was ready to discuss limitations on uranium enrichment but that it would reject any proposal that barred it from enriching uranium completely, “especially now under Israel’s strikes”.

    -Reuters

  • MIL-OSI USA: NH Delegation Introduces Legislation to Deliver Full-Service VA Hospital to NH

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    Manchester, NH – Today Congressman Chris Pappas (NH-01), ranking member of the House Veterans’ Affairs Committee Subcommittee on Economic Opportunity, introduced the Veterans Full-Service Care and Access Act, legislation that would require VA to operate, at minimum, one full-service Veterans Health Administration hospital within each state in the contiguous 48 states. U.S. Senator Jeanne Shaheen, a senior member of the Senate Armed Services Committee, is leading companion legislation in the Senate. U.S. Senator Maggie Hassan, a member of the Senate Veterans’ Affairs Committee, and Congresswoman Maggie Goodlander (NH-02), a member of the House Armed Services Committee and former intelligence officer in the United States Navy Reserve, are cosponsors of the legislation in their respective houses of Congress.

    “Our veterans have each put their lives on the line to protect our freedoms, and they ought to receive the care and benefits they have earned after their service. Unfortunately, New Hampshire veterans are not on an equal footing with those in other states. New Hampshire still lacks a full-service VA hospital, meaning our veterans may not have access to, or may need to travel long distances for, essential care. My legislation would finally right this wrong,” said Congressman Pappas. “I have fought to prevent the closure of Community-Based Outpatient Clinics, reduce the backlog of cases at VA, and ensure that toxic-exposed veterans are finally receiving the help they need. I will continue my work to strengthen veterans’ health care by pushing for a full-service hospital for New Hampshire veterans who deserve the highest quality care and services.”

    “Every freedom and right we enjoy today was paid for with the sacrifices of the men and women who have served in the military—the least we can do is ensure veterans can access first rate health care no matter where they live,” said Senator Shaheen. “Our bill would help more Granite State veterans access the health care they deserve by helping establish a full service VA hospital in New Hampshire—the only state in the continental U.S. without one.” 

    “America’s best deserve our best, which is why it’s past time that New Hampshire veterans have a full-service VA facility in our state,” said Senator Hassan. “I have a record of advocating for a full-service VA hospital in New Hampshire and I urge my colleagues in the House and Senate to support this bill and help us uphold our commitment to our veterans.”

    “We have a sacred obligation to the tens of thousands of women and men across New Hampshire who served our country in uniform. They put their lives on the line to keep us safe, and it’s my mission in Congress to ensure these brave American heroes have access to the full range of healthcare they need,” said Congresswoman Goodlander. “This bill is an important step in this mission.”

    “The New Hampshire Veterans of Foreign Wars fully supports the Veterans Full-Service Care and Access Act. We believe the Act will enhance veterans’ access to quality care and offer greater flexibility in choosing providers, ensuring veterans can access care whether at a VA facility or through community providers,” said AJ Corrow, NH VFW Legislative Chairman.

    Background: 

    New Hampshire is the only state in the contiguous 48 states to not have a dedicated, full-service VA hospital. 

    An Executive Order issued by President Trump on May 9th instructed VA to begin a feasibility study on expanding services to support a full-service medical center in New Hampshire within 30 days and submit an action plan to the President within 180 days. 

    Following the issuance of the Executive Order, Pappas led the New Hampshire delegation in a letter calling on VA Secretary Doug Collins to seriously and fully follow through on the feasibility study and action plan, with the goal of establishing a full-service VA hospital in New Hampshire. He also secured a commitment from VA Secretary Collins at a House Veterans’ Affairs Committee hearing to engage with New Hampshire veterans and stakeholders as the Department conducts the study and develops its action plan.

    As a senior member of the U.S. Senate Armed Services Committee, Shaheen has worked tirelessly to make health care more accessible for New Hampshire veterans and has long worked to secure federal funding for VA health care sites throughout New Hampshire. The first piece of legislation she introduced in Congress was the Veterans Health Equity Act in 2009, which would require the U.S. Department of Veterans Affairs to ensure that every state has a full-service veterans’ hospital or that comparable services are provided by contracting with in-state hospitals. 

    Senator Hassan is working to get New Hampshire veterans the care and benefits that they have earned and deserve. Senator Hassan raised the importance of building a full-service veterans hospital during the confirmation hearing for VA Secretary Doug Collins. Additionally, Senator Hassan has been pushing the VA for answers about its plans to fire 80,000 VA employees and the ways in which that would harm care and benefits for veterans. Senator Hassan also helped develop and pass into law the PACT Act, which fundamentally reforms and improves the ways in which veterans exposed to toxic substances receive health care and benefits from the VA. To date, more than two million PACT Act-related claims have been filed and over 200,000 veterans have enrolled for VA health care under the PACT Act.

    MIL OSI USA News

  • MIL-OSI USA: Senator Hassan Answers Questions in Windham from Small Business Leaders and Workers

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    WINDHAM – U.S. Senator Maggie Hassan participated in an event today hosted by the Southern New Hampshire Chamber of Commerce where she answered questions from small business leaders and workers. Granite State small business leaders asked about strengthening the local economy, reducing the deficit, and other priorities.  

    “I appreciated hearing directly from New Hampshire’s small business leaders and workers about the challenges that they are facing, which have been made worse by the Trump Administration’s reckless and chaotic actions,” said Senator Hassan. “Small businesses are the backbone of New Hampshire’s economy, and I will continue to work to get small businesses the support that they need, including relief from President Trump’s recklessly broad tariffs.”  

    Senator Hassan has a record of supporting small businesses. Senator Hassan recently reintroduced bipartisan legislation to cut taxes for small businesses with fewer than 10 employees that create retirement accounts for their employees. She has stood up to the Trump Administration’s reckless tariffs that are raising costs on Granite State families and small businesses – which are also making it difficult for businesses to plan for the future. Senator Hassan has also been a leader in advocating for the full restoration of the research & development tax deduction so that businesses in the United States can continue to outcompete China. 

    MIL OSI USA News

  • MIL-OSI USA: Senator Murray Responds to Trump Administration’s Denial of WA State’s Appeal for Disaster Declaration for November “Bomb Cyclone”; Slams Trump’s Politicization of Disaster Aid

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Severe storms resulted in extensive damage to critical infrastructure, parks, cultural sites, schools, public buildings, and more, resulting in over $34 million dollars in damages across six counties

    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, released the following statement on the Trump administration’s denial of Washington state’s appeal for a Major Disaster Declaration to unlock Federal Emergency Management Agency (FEMA) assistance for recovery from the devastating windstorms, heavy rainfall, flooding, and mudslides caused by a bomb cyclone that struck Washington state in November 2024.

    Last month, Senator Murray led Washington state’s entire bipartisan Congressional delegation in sending a letter to President Donald Trump urging him to reconsider the denial of Washington state’s initial, January request to President Trump for a Major Disaster Declaration in response to the November bomb cyclone. Senator Murray also led Washington state’s entire Congressional delegation in a previous letter urging President Biden to grant the state’s request.

    “It is outrageous that President Trump is denying Washington state’s request for a federal disaster declaration, supported by our entire bipartisan Congressional delegation, for one of the most destructive storms in our state’s recent history. This is exactly the kind of catastrophic event federal disaster aid was designed for. County governments cannot be reasonably expected to shoulder $34 million dollars in damages from the bomb cyclone that caused tremendous damage to public infrastructure and left hundreds of thousands of people without power.

    “Make no mistake, what we are seeing under Trump is an unprecedented and dangerous politicization of disaster assistance that cannot continue. Storms and disasters don’t discriminate between red and blue communities and neither should our President. There is simply no justification for this betrayal that leaves local communities and residents of Washington state shouldering painful disaster recovery costs when the federal government was supposed to have their backs.

    “Every Member of Congress should be extraordinarily alarmed by this administration’s insistence on playing politics with disaster aid, no matter the consequences for our constituents. Do Republicans want a future Democratic President denying their constituents disaster aid over politics?”

    MIL OSI USA News

  • MIL-OSI USA: Jayapal Statement on the Release of Mahmoud Khalil

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    “Today’s judicial ruling that Mahmoud Khalil had to be released from ICE detention is a critical step on the road to justice. Mahmoud Khalil will finally be reunited with his wife and newborn baby, whose birth he missed while unjustly detained by the Trump Administration for more than three months.

    “His detention has been a stain on our immigration and justice system in this country: an attack on the constitutional free speech protections guaranteed to every single person in our country, utilizing the immigration system to prevent him from engaging in this constitutionally protected political speech.

    “In this case, as in several others, we see the Trump Administration is continuing to simply target people of all legal statuses, including legal permanent residents and even U.S. citizens, simply for disagreeing with their administration in any way. That is not American and is a gross violation of all of our fundamental rights. Every single person in America should understand that if this Administration can do this to Mr. Khalil, they can do the same thing to you.

    “Today, I celebrate with Mahmoud Khalil and his family. There is more work to do to bring full justice to this situation, and to stop the attacks on so many across this country.”

    MIL OSI USA News

  • MIL-OSI USA: President Trump signs Kennedy resolution undoing cumbersome Biden-era bank merger rule

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – President Donald Trump today signed Sen. John Kennedy’s (R-La.) joint resolution of disapproval under Congressional Review Act (CRA) procedures to block an Office of Comptroller (OCC) rule that hurts community banks by adding unnecessary red tape to the bank merger approval process.

    When the Biden administration imposed crippling red tape on the bank merger process, they delivered a devastating blow to small community banks nationwide, strangling their ability to serve their customers. I’m deeply thankful to my House and Senate colleagues for passing this vital legislation and to President Trump for signing my resolution to dismantle this oppressive regulation,” said Kennedy.

    The Biden administration’s rule, which went into effect on Jan. 1, 2025, amended the Bank Merger Act of 1960 to make it harder for the OCC to approve healthy bank mergers quickly. Kennedy’s resolution would reverse the Biden administration’s misguided rule so that banks can stay in business and serve hardworking Americans.

    Sens. Tim Scott (R-S.C.), Bill Hagerty (R-Tenn.), Thom Tillis (R-N.C.), Steve Daines (R-Mont.) and Bernie Moreno (R-Ohio) cosponsored the Senate resolution. 

    “The Biden-era rule restricting bank mergers disproportionately harmed small and midsized banks and would have reduced access to credit and financial services. I’m grateful to President Trump for signing Senator Kennedy’s resolution to overturn the rule, which will ensure the free market can decide how financial institutions can best serve their customers,”said Scott, Chairman of the Senate Banking Committee.

    Rep. Andy Barr (R-Ky.), Chairman of the Financial Institutions Subcommittee on the House Financial Services Committee, introduced the companion resolution.

    “Bank mergers create competition and efficiency in the banking system. By eliminating this rule, we will remove unnecessary guardrails on the bank merger process that make smaller and medium-sized banks less competitive. This is another win for President Trump, who is making our economy stronger by cutting government red-tape and unleashing the free market,” said Barr.

    Background:

    • Historically, the OCC assumed that a potential merger passed muster if the agency did not take action on a merger application within 15 days. The burden of showing that a merger would harm businesses and consumers fell on the OCC and bank regulators.
    • The Biden administration’s rule shifted the burden of proof to individual banks, making it harder for banks – particularly community banks – to fulfill their obligations by making smart, strategic mergers.
    • In February 2025, Kennedy introduced his resolution to undo the Biden administration’s rule.
    • On May 8, 2025, the Senate passed Kennedy’s resolution. 
    • On May 20, 2025, the U.S. House of Representatives passed the resolution.

    The full resolution is available here.

    MIL OSI USA News

  • MIL-OSI USA: President Trump signs Kennedy resolution undoing cumbersome Biden-era bank merger rule

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – President Donald Trump today signed Sen. John Kennedy’s (R-La.) joint resolution of disapproval under Congressional Review Act (CRA) procedures to block an Office of Comptroller (OCC) rule that hurts community banks by adding unnecessary red tape to the bank merger approval process.

    When the Biden administration imposed crippling red tape on the bank merger process, they delivered a devastating blow to small community banks nationwide, strangling their ability to serve their customers. I’m deeply thankful to my House and Senate colleagues for passing this vital legislation and to President Trump for signing my resolution to dismantle this oppressive regulation,” said Kennedy.

    The Biden administration’s rule, which went into effect on Jan. 1, 2025, amended the Bank Merger Act of 1960 to make it harder for the OCC to approve healthy bank mergers quickly. Kennedy’s resolution would reverse the Biden administration’s misguided rule so that banks can stay in business and serve hardworking Americans.

    Sens. Tim Scott (R-S.C.), Bill Hagerty (R-Tenn.), Thom Tillis (R-N.C.), Steve Daines (R-Mont.) and Bernie Moreno (R-Ohio) cosponsored the Senate resolution. 

    “The Biden-era rule restricting bank mergers disproportionately harmed small and midsized banks and would have reduced access to credit and financial services. I’m grateful to President Trump for signing Senator Kennedy’s resolution to overturn the rule, which will ensure the free market can decide how financial institutions can best serve their customers,”said Scott, Chairman of the Senate Banking Committee.

    Rep. Andy Barr (R-Ky.), Chairman of the Financial Institutions Subcommittee on the House Financial Services Committee, introduced the companion resolution.

    “Bank mergers create competition and efficiency in the banking system. By eliminating this rule, we will remove unnecessary guardrails on the bank merger process that make smaller and medium-sized banks less competitive. This is another win for President Trump, who is making our economy stronger by cutting government red-tape and unleashing the free market,” said Barr.

    Background:

    • Historically, the OCC assumed that a potential merger passed muster if the agency did not take action on a merger application within 15 days. The burden of showing that a merger would harm businesses and consumers fell on the OCC and bank regulators.
    • The Biden administration’s rule shifted the burden of proof to individual banks, making it harder for banks – particularly community banks – to fulfill their obligations by making smart, strategic mergers.
    • In February 2025, Kennedy introduced his resolution to undo the Biden administration’s rule.
    • On May 8, 2025, the Senate passed Kennedy’s resolution. 
    • On May 20, 2025, the U.S. House of Representatives passed the resolution.

    The full resolution is available here.

    MIL OSI USA News

  • MIL-OSI USA: Delegation Urges President Trump to Approve Request for Major Disaster Declaration in Ohio and Marion Counties

    Source: United States House of Representatives – Representative Riley Moore (WV-02)

    Washington, D.C. – This afternoon, the West Virginia congressional delegation urged President Trump to approve the state’s request for a major disaster declaration following the weekend floods in Ohio and Marion Counties.

    The delegation’s letter follows Governor Patrick Morrisey’s formal request to the White House for a major disaster declaration earlier today.

    Congressman Moore issued the following statement:

    “My heart breaks for our neighbors who are left picking up the pieces after last weekend’s unprecedented floods. I’ve never seen anything like the devastation I saw in Triadelphia and Fairmont.

    “Even during these trying times, West Virginians are pulling together to rebuild our communities. But, we can’t do it alone. I urge President Trump to consider the unprecedented nature of this flood and quickly approve West Virginia’s Major Disaster Declaration request to ensure our people have access to the federal resources they need to recover and rebuild.”

    Earlier this week, Congressman Moore spent time in Triadelphia and Fairmont to review the damage and speak with state and local officials on the ground.

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    MIL OSI USA News

  • MIL-OSI USA: Suicide Hotline Workers Condemn Cuts to LGBTQ+ Crisis Services

    Source: Communications Workers of America

    NEW YORK – Union workers employed by the Trevor Project are condemning a decision by the Department of Health and Human Services to end funding for specialized suicide hotline services for LGBTQ+ youth and young adults. 

     

    When LGBTQ+ young people in crisis call or text 988, they are connected to counselors who are trained to address their unique needs. Workers at the Trevor Project, represented by Communications Workers of America (CWA) Local 1180, handle nearly half of those contacts.

     

    While the Trevor Project will continue to operate a helpline for LGBTQ+ youth and young adults, the 988 Lifeline has greater public awareness. Over the past three years, the 988  LGBTQ+ program has assisted over 1.3 million young people.

     

    “As a collective, we are devastated by Trump cutting the LGBTQ+ youth line,” said Jack Hanson, a 988 Lifeline Crisis Counselor. “This executive action serves as a death sentence to many in this demographic. We want to emphasize that LGBTQ+ youth deserve to be affirmed in who they are and that they deserve to live meaningful lives. We also wish to say this includes all categories of this community, including trans and queer youth, who the Trump Administration had ignorantly excluded from its initial announcement. Despite the line closure, we will always be dedicated to protecting this population in spite of the hatred, hostility, and cruelty of the Trump administration. We urge supporters to contact their members of Congress and Senators to urge them to restore funding for the 988 Suicide and Crisis Lifeline’s LGBTQ+ Youth Specialized Services.”

     

    “The decision to shut down LGTBQ+ crisis services in the middle of the fiscal year – announced during Pride month – is a deliberate provocation and a despicable attack on LGBTQ+ workers and the community,” said Gloria Middleton, president of CWA Local 1180. “CWA members provide vital, live-saving services for kids who need our help. Our union stands united behind the Trevor Project workers and the LGTBQ+ community that they serve.”

     

    “The attacks on the LGBTQ+ community are one front in this Administration’s larger war on working people,” said Dennis Trainor, Vice President of CWA District 1. “America is a country built by and for the working class, with all types of people coming together to work for a brighter future for our children. LGBTQ+ workers and families are part of the rich tapestry of American life.  At CWA they provide crisis services for at-risk youth, connect households and small businesses to high-speed internet services, and drive American innovation forward while working on NIH-funded grants. They will not be erased, and the labor movement stands with our LGBTQ+ siblings.”

     

    Union workers at the Trevor Project are protected by a union contract that includes guaranteed severance pay in the event of layoffs. 

     

    The national 988 Suicide & Crisis Lifeline launched in 2022, and has provided specialized services for LGBTQ+ youth who are more than four times as likely to attempt suicide than their peers. The suicide prevention line has bipartisan support, created through an act of Congress as the National Suicide Hotline Designation Act, and signed into law by President Donald Trump in October, 2020. 

     

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    MIL OSI USA News

  • MIL-OSI USA: Trump’s Policies Will Increase Electricity Costs & Kill Jobs, Burning Consumers and Businesses Alike

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC – On the campaign trail, Donald Trump pledged to cut energy costs in half.  As president, his policies are causing home energy prices to increase, with consumer electricity prices set to climb by hundreds of dollars under Trump and Republicans’ supposedly ‘Big Beautiful Bill’ which is a big ugly betrayal of working families.

    Electricity prices have already risen 4.5 percent in the last year, according to recent data from the U.S. Department of Labor, and are estimated to surge this summer.  The National Energy Assistance Directors Association (NEADA) projects home electricity bills are expected to reach their highest average rate in 12 years, at $784 for the summer period.

    In Rhode Island, researchers at Energy Innovation found that the House-passed big Trump bill, which repeals clean energy tax breaks and investments, “would increase annual energy bills by $55 million across Rhode Island households annually in 2030, swelling to more than $83 million in higher energy costs by 2035, for a total of $315 million during the budget window of 2025 to 2034.”  It also found the bill “would cost Rhode Island’s workforce 2,000 jobs in 2030 and nearly 1,500 jobs in 2035 as new investment in domestic energy and manufacturing falters.”

    “President Trump and Republicans’ outdated 20th century energy policies will raise families’ energy costs, kill jobs, and increase pollution.  Lowering energy prices and “future-proofing” our energy systems is an economic and security imperative.  But President Trump and Congressional Republicans are doing the opposite: increasing people’s and businesses’ electricity bills all over the country and undercutting sustainable investments in America’s energy grid.  The Republican-induced surge in energy prices will burn working-class living standards and line the pockets of special interests,” said Senator Reed.

    On average, Rhode Island residents spend about $285 per month on electricity, or $3,420 per year for the average household according to energysage.com.  But if Trump’s ‘Big Ugly’ reconciliation bill becomes law, those costs would increase significantly due to repeal of the vast majority of tax credits for low-carbon sources of electricity like wind, solar, batteries and geothermal power included in the Inflation Reduction Act (IRA).

    The New York Times reports: “Repealing those credits could increase the average family’s energy bill by as much as $400 per year within a decade, according to several studies published this year.”

    Senator Reed says Trump’s outmoded policies and dysfunctional administration are increasing energy prices; failing to invest in the energy infrastructure America needs now and in the future; making America less energy secure; and costing the country good-paying, union jobs.

    With summer heat approaching, Senator Reed notes that those most impacted by higher utility bills are lower-income households, including seniors on fixed incomes, who often lack the resources to cover increased monthly payments.  

    “Not only are President Trump and Republicans doubling down on failed policies from the past, they are rescinding investments in forward looking renewable energy projects that are supporting good jobs and ready to come on line and lower prices.  And let’s be clear, they are doing this at the behest of highly profitable fossil fuel companies and conglomerates that are polluting the environment and squeezing consumers,” said Senator Reed.

    MIL OSI USA News

  • MIL-OSI USA: US Department of Labor issues new guidance to provide clarity for farmers on H-2A worker regulations

    Source: US Department of Labor

    WASHINGTON – The U.S. Department of Labor’s Wage and Hour Division today announced it is suspending enforcement of the Biden Administration’s burdensome 2024 farmworker rule. The decision provides much-needed clarity for American farmers navigating the H-2A program, while also aligning with President Trump’s ongoing commitment to strictly enforcing U.S. immigration laws.

    As multiple federal court injunctions have created significant legal uncertainty, inconsistency, and operational challenges for farmers lawfully employing H-2A workers, this field assistance bulletin clarifies that the department will not be enforcing the 2024 final rule effective immediately – providing critical predictability for agricultural employers as litigation continues and as the department considers further regulatory action. 

    The rule’s implementation had already been suspended by the department because of federal injunctions. This guidance does not change existing regulations or limit the Wage and Hour Division’s authority to enforce H-2A requirements put in place prior to the 2024 final rule. It supersedes any contrary or conflicting guidance to field staff but does not create legally enforceable obligations or alter any statutory or regulatory requirements, ensuring full enforcement of U.S. immigration laws.

    For additional guidance beyond the field assistance bulletin, workers and employers can contact the Wage and Hour Division at its toll-free helpline, 866-4US-WAGE (487-9243). 

    MIL OSI USA News

  • MIL-OSI USA: Congressman Bean Hosts Tax Reform Roundtable in Clay County

    Source: United States House of Representatives – Representative Aaron Bean Florida (4th District)

    WASHINGTON—This week, U.S. Congressman Aaron Bean (FL-04) hosted a roundtable discussion with members of the First Coast Manufacturers Association to discuss the impact of expiring tax cuts, industry challenges, and how the One Big Beautiful Bill (OBBB) will provide real tax relief and drive economic growth in Northeast Florida. 

    After the roundtable, Congressman Bean said, “Northeast Florida manufacturers cannot afford the burden of higher taxes that would cripple growth and threaten jobs. Roundtable participants confirmed the success of the Trump tax cuts and their critical importance to their daily operations. During the roundtable, I heard directly from manufacturers about the challenges of finding workers, being competitive, accessing products, and the need for immediate relief. As the fight continues to preserve the Trump tax cuts, I’m taking their stories back to D.C. and will continue to advocate for policies that help our manufacturers expand, hire, and drive our economy forward.”

    BACKGROUND:

    The House has passed the One Big Beautiful Bill by a 215-214 vote, and now all eyes are on the Senate as President Trump urges swift approval before July 4th to deliver historic tax relief and economic growth for hardworking Americans. 

    For an overview of the One Big Beautiful Bill, click here.

     

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    MIL OSI USA News

  • MIL-OSI USA: Q&A: Senate Legislates One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    Q: How will the Senate version of the One Big Beautiful Bill impact Iowans?

    A: Based on my county meetings, emails and phone calls, Iowans are paying close attention to the One Big Beautiful Bill moving through Congress. After passing the House of Representatives, the committees of jurisdiction in the Senate are now hammering out policy details on agriculture, taxes, immigration, health care and more. The bill is advancing in the Senate under the expedited reconciliation process that doesn’t require a 60-vote threshold and can’t include non-budgetary matters in the bill. As a senior member and former chairman of the Senate Finance Committee, I’ve had my sleeves rolled up at the policymaking table advocating on behalf of Iowans, including agriculture, energy, taxes, health care and more. This package is a generational opportunity to prevent the largest tax increase in U.S. history and restore fiscal sanity. Americans sent a strong message in the last election and delivered a mandate to President Trump and the Republican Majority in Congress. That mandate includes cutting government bloat, reining in wasteful spending and stopping the biggest tax increase in the history of the country.

    Let’s start with health care, in particular Medicaid. That’s the federal-state program that provides free or low-cost health care to individuals based on their income and family size, serving Americans with disabilities, seniors, kids, pregnant moms and others. A sizable majority of Americans supports efforts to stop wasteful spending that drains resources for people who truly need this safety net and puts an unfair burden on taxpayers. I’ve been a long-time champion for protecting the Medicaid program for the most vulnerable Iowans. This includes my work to pass the Family Opportunity Act and Advancing Care for Exceptional (ACE) Kids Act, and my continued work on supporting kids with complex medical needs and improving maternal and child health. The Senate bill includes measures to strengthen the integrity of the Medicaid program, delay costly Biden-era regulations, stop Obamacare subsidies from going to illegal immigrants and enacting work requirements for able-bodied adults with reasonable exemptions, such as parents with young kids.

    Contrary to misinformation campaigns seeking to stop these common-sense reforms from getting to the president’s desk, the Senate bill does not take away Medicaid from those who genuinely need it. In fact, our bill seeks to strengthen the program so that it can continue to serve vulnerable populations it was designed to serve. For example, it would stop people from taking advantage of Medicaid coverage in multiple states; remove safe harbor protections for those who make erroneous excess payments; and, ban Medicaid managed care PBM spread pricing, among many other common-sense program integrity provisions. Pharmacy Benefit Managers (PBMs) are the middlemen who negotiate prices with pharmaceutical companies, health insurance companies, employer benefit plans, pharmacies and the consumer. PBMs can raise prices consumers pay for their medications, and instead of passing that revenue along to the pharmacy, they pocket the difference, known as “spread pricing.” I’ve long worked to reduce prescription drug prices and I’m pleased to get this specific reform in the Senate bill.

    Q: What’s so critical about the tax provisions in the bill?

    A: Our bill makes the 2017 tax law permanent. If Congress does nothing, the U.S. economy will get strangled by a $4 trillion tax hike on American workers, small businesses, farmers and families. The last thing American households and small businesses need – after recovering from supply chain setbacks during the pandemic and record-setting inflation under the Biden administration – is a higher tax bill from the federal government. Letting the 2017 tax law expire would cut the child tax credit and standard deduction in half. Iowa families would see on average a $1,400 tax increase. It also would slap a massive tax increase on small businesses, slamming the brakes on hiring, investing and expanding in local communities across the country. Iowa would stand to lose 57,000 jobs and more than $5 billion in employee wages across the state.

    Instead, the Senate bill would provide additional tax relief to working families, making permanent across-the-board tax rates; expanding the child tax credit; strengthening employer-provided childcare credit; enhancing the standard deduction; and, making permanent the small business deduction. It adds new tax relief for tipped workers and hourly workers who earn overtime pay, repeals burdensome reporting requirements for gig workers (rolls back the proposed $600 threshold for online payment platforms) and reduces paperwork burdens for small businesses by increasing the 1099-MISC threshold. The Senate-backed pro-growth tax policies would fuel investment with full expensing for domestic research and development, new capital improvements (including machinery and equipment) and new factories and factory improvements. These measures would provide much-needed certainty for small businesses and factories across our state, concerns I hear about regularly during my county meetings.

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta: Gutting NPR and PBS is a Dangerous Loss for Americans

    Source: US State of California

    Public media is an essential resource — especially for rural communities in emergency situations  

    OAKLAND — California Attorney General Rob Bonta today joined 23 attorneys general in submitting an amicus brief supporting NPR (National Public Radio) and PBS (Public Broadcasting Service) in their challenge to the Trump Administration directing the Corporation for Public Broadcasting (CPB) to withhold federal funding from NPR and PBS. California public broadcasting companies received over $57 million in grants and allocations from CPB last year, much of which is distributed through NPR and PBS. In the brief, the attorneys general highlight the important role of public media in providing millions of Americans — especially rural, remote, and Tribal communities — with essential state and nationwide news and emergency notifications. Especially as the state experiences an increase in wildfires, Californians rely on public radio to receive vital information including evacuation orders.  

    “Public media serves all Americans, regardless of their ability to pay. In many rural communities, public radio stations are often the main or only source for local news and regularly partner with federal, state, and local authorities to provide lifesaving emergency communications, including early earthquake warnings and fire evacuation orders,” said Attorney General Bonta. “Without federal funding, rural areas of the country would lose this critical communication lifeline. Particularly amid an increase in natural disasters, leaving a whole swath of Americans without access to timely information is dangerous and unacceptable.”

    Public radio and television station alerts and reporting on emergency situations are often a lifeline for audiences throughout the country. Public broadcasters transmit emergency alerts to areas where there is little or no reliable internet or cellular service or when this service is disrupted. Public radio and television stations often have hardened and resilient infrastructure that allows them to continue broadcasting during emergency situations that may knock out power or other communications resources. Loss of federal funding to NPR and PBS would result in impacts to state and local authorities who frequently partner with public broadcasters; authorities would lose access to infrastructure they rely on to communicate immediate and life-saving emergency alerts to the public. Because this infrastructure cannot be quickly, easily, or inexpensively replaced, Americans nationwide — and particularly those in rural and remote areas — would experience real harm. 

    Public media is particularly critical in rural and Tribal areas where news, educational programming, and emergency alerts are significantly more limited. Rural areas are more vulnerable to the catastrophic effects of weather disasters and tend to not have the same access to reliable, high-speed internet as their urban counterparts. 

    In California, federal funding cuts to public media will disproportionately affect small and rural media stations, which are primarily funded by CPB. Approximately 40% of CPB grantees are considered rural — and in recent years CPB has prioritized resources to remote stations, which face unique challenges and higher costs than urban stations to reach remote sparsely populated areas. Whereas most urban stations have other funding sources, CPB funds can account for up to 60% of a rural station’s funding, meaning that reduction or elimination of funding from CPB would have the most negative impact on stations serving these communities. 

    In submitting the amicus brief, Attorney General Bonta joins the attorneys general of Colorado, Arizona, Minnesota, Rhode Island, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Vermont, Washington, Wisconsin, and the District of Columbia. 

    A copy of the brief can be found here.

    MIL OSI USA News

  • MIL-OSI USA: DOE Approves Fourth Loan Disbursement to Restart the Palisades Nuclear Plant

    Source: US Department of Energy

    WASHINGTON— U.S. Department of Energy (DOE) Secretary Chris Wright today announced the release of the fourth loan disbursement to Holtec to help fund the restart of the Palisades Nuclear Plant. Today’s action disburses $100,451,904 of the up to $1.52 billion loan guarantee to Holtec for the Palisades Nuclear Plant, which will be America’s first restart of a commercial nuclear reactor that ceased operations, subject to U.S. Nuclear Regulatory Commission (NRC) approvals.

    “Under President Trump’s leadership, the Department of Energy is taking a leading role in unleashing the American nuclear renaissance,” said Secretary Chris Wright. “The Palisades Nuclear Plant will help to reinvigorate our nuclear industrial base and will reestablish the United States as the world’s nuclear energy leader.”

    This disbursement marks Holtec’s fourth disbursement of funds from the Loan Programs Office (LPO) since the September 2024 announcement of the loan’s financial close. To date, $251,878,038 of DOE guaranteed loan funds have been disbursed to Holtec to help fund the reopening as it continues to make important milestones toward plant restart, including the NRC’s issuance of the final environmental assessment and finding of no significant impact.

    Today’s announcement highlights the Energy Department’s leading role in advancing President Trump’s Executive Order 14302, Reinvigorating the Nuclear Industrial Base, through funding the restart of nuclear plants. DOE remains committed to fulfill this mission in order to maximize the speed and scale of nuclear capacity in the United States, ensuring American’s have access to reliable, abundant, and affordable energy.

    MIL OSI USA News

  • MIL-OSI USA: Rep. Gabe Vasquez Rallies Outdoor Advocates to Defend Public Lands at OMDP Hike and Press Conference

    Source: US Representative Gabe Vasquez’s (NM-02)

    LAS CRUCES, N.M. – Today, U.S. Representative Gabe Vasquez (NM-02) joined conservation advocates, local leaders, and community members at the Organ Mountains–Desert Peaks National Monument (OMDP) to rally against renewed efforts to sell off federal public lands. The event featured a press conference and community hike, highlighting the cultural, economic, and environmental importance of public lands to southern New Mexico.

    The event comes amidst a revived push by Senate Republicans to advance one of the most extreme public land sell-off proposals in recent history of over 3.3 million acres. While these provisions were blocked in the House thanks to Rep. Vasquez’s leadership in the bipartisan Public Lands Caucus, they have resurfaced in the Senate’s version of the budget reconciliation bill, reigniting concern across the West.

    WATCH: REP. VASQUEZ DELIVERS REMARKS AT PROTECT PUBLIC LANDS PRESS CONFERENCE

    “Standing here at Organ Mountains–Desert Peaks, I’m reminded that what’s at stake isn’t just this monument—it’s the future of millions of acres of public lands across New Mexico and the West that could be sold off because of Republican proposals in Congress,” said Vasquez. “These lands are part of our identity. They support local jobs, protect sacred Tribal sites, and give our kids a chance to connect with the outdoors. Our public lands are not for sale. Period.”

    “There are a number of reasons why keeping OMDP intact and untouched is so important. Not only are conservation and preservation instrumental in this argument, but in Las Cruces, our community has embraced this monument because of the hiking and camping, the outdoor recreation opportunities, and so much more,” said Carrie Hamblen, CEO and President of the Las Cruces Green Chamber of Commerce and New Mexico State Senator. “Our local businesses rely on the tourism that brings visitors into our stores and restaurants and creates a memorable experience for all to enjoy. Our monument isn’t for sale, and our community has proven to this administration that it should be left alone.”

    “Our community in Southern New Mexico understands that our landscape brings us together. These lands hold so much more than what can be extracted or profited from them. They hold our stories, they are homes to essential wildlife, they improve the health of our communities,” said Patrick Nolan, Executive Director of Friends of Organ Mountains-Desert Peaks. “The value of our lands cannot be summed up by what can be extracted from them. We hope Congress, with the help of Representative Vasquez, understands that the value of our lands cannot be summed up by what can be extracted from them. That these lands hold value as they are protected and conserved for generations to come.” 

    “New Mexico Wild and our thousands of members object in the strongest possible terms to any attempts to shrink, eliminate, or remove protections for Organ Mountains-Desert Peaks or any other national monument. These monuments were created as a result of local communities working for years to protect these one of a kind places,” said Mark Allison, Executive Director of New Mexico Wild. “Nearly 90% of New Mexicans — people of all political persuasions — support keeping our monuments intact. They are not merely lines on a map but critical ecological havens, sacred cultural sites, and irreplaceable natural treasures that help define our identity. Public lands are the backdrop to our state’s outdoor heritage and way of life.  Plans to sell off our children’s inheritance to benefit connected billionaires is a theft of historic proportions and should make all Americans ashamed and outraged.”

    “To New Mexicans public lands aren’t some line item on a budget spreadsheet. Public lands are our lifeblood. Wild, public places and the wild things that inhabit those places are integral to the culture, traditions and lifestyle of countless people across the West,” said Jesse Duebel, Executive Director of the New Mexico Wildlife Federation. “Public lands are not just about outdoor recreation and all the health and economic benefits associated with that. These places house our identity. It’s where we go to obtain our food, the firewood to heat our homes, and the solace we need to overcome the challenges of modern society. Public lands are our gym, our church and our grocery store. In short, our public lands are not for sale, they are in our DNA.”

    “The broad scheme to sell off our public lands, national heritage, and outdoor access to the wealthy and well-connected will block access to regular Americans for hiking, camping, hunting, and fishing. It also willfully ignores or disrespects the Indigenous, Hispano, and local communities who rely on these lands for cultural, spiritual, economic, and recreational reasons, said Romir Lahiri, Associate Program Director for Conservation Lands Foundation. “These lands are part of what makes New Mexico so special. New Mexico’s national monuments, including Organ Mountains–Desert Peaks and Río Grande del Norte, exist because the people demanded it. From local business owners and family campers to mountain guides and outdoor adventurers, the majority—regardless of political affiliation—want these treasured natural places protected and accessible for generations to come.”

    “Our public lands are living landscapes. Any effort to weaken their protections threaten the health, heritage, and well-being of their connected communities and stand in direct opposition to the voices of New Mexicans. Despite overwhelming support for our public lands, the Trump Administration is systematically degrading the laws and agencies that manage these irreplaceable places and jeopardizing the legal duty to engage meaningfully with Tribal leadership,” said Maude Dinan, New Mexico Program Manager for the National Parks Conservation Association.“Prioritizing oil and gas drilling or mining, erasing national monuments, or transferring public lands to states is short-sighted and will cause irrevocable harm to our landscapes and people.”

    Earlier this year, Vasquez launched the bipartisan Public Lands Caucus alongside Rep. Ryan Zinke (R-MT-01) to bring together lawmakers from both parties who support the protection of public lands. The caucus has quickly become a driving force behind efforts to conserve our public lands and fight for the outdoor recreation economy.

    In addition to fighting against this latest effort to sell public lands in order to pay for tax breaks for billionaires, Vasquez also joined a letter earlier this year to the administration urging the Department of Interior to leave OMDP intact, highlighting its significant landscapes, cultural resources and economic impact.

    As the reconciliation package and other efforts to sell off public lands move forward, Vasquez pledged to continue building bipartisan support for protecting public lands for future generations.

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    MIL OSI USA News