In this outline Promethean Action’s Susan Kokinda summarizes how energy prices are being weaponized to influence the 2026 midterm election.  The multinationals, Canada, Europe, NATO and those opposed to America-First sovereignty are waging an economic war against President Trump’s geopolitical and economic reset.

This midweek update argues that the midterm elections are being shaped less by campaign ads than by coordinated economic and political pressure: rising diesel prices tied to Ukrainian strikes on Russian diesel infrastructure, energy pricing set by European exchange traders in London rather than producers, and continued Iran conflict framed as being prolonged to affect the vote.

Kokinda also cites Canada’s trade war and targeted tariffs as politically timed, alongside attacks on U.S. bonds and pressure to raise interest rates, describing “full spectrum economic warfare” against Trump’s agenda. A second front is an accelerated AI panic, beginning with viral warnings from an ex-Anthropic researcher and followed by Anthropic CEO calls for regulation, which Trump and allies call a control-driven “hoax.” The script traces AI-ban lobbying to London-based Control AI, highlights foreign funding networks, and links the push to international oversight and reduced national sovereignty.

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Pouring effusive and slobbering praise over the Canadian Prime Minister Mark Carney, the anointed “middle power” leader of a shrinking -and increasingly irrelevant- new world order, with grand pontifications EU Commissioner Ursula von der Leyen announced today that Canada is the first “Associate Member” of the European Union.

It’s a major award!  As noted by Reuters, “There is currently no such status as “associate member” set out in the European Union’s treaties — though various versions of an associate-type of membership have been floated in the bloc over the years. Germany suggested Ukraine be an associate member as an interim stage to full ​accession, though the proposal failed to gain traction as some EU capitals pushed back.”

von der Leyen gushed: “Dear Mark, I said we must urgently reimagine our partnerships. So, I would like to work with you on opening the door for Canada to be the first associate member of the EU. We share one ocean, one set of values, one way of seeing the world. And we will now build our shared future as well – thank you for being here.”  Mark Carney sat with a big smile, giddy with excitement and barely able to control his visible glee.  WATCH:

DAILY MAIL – […] But the attempt to flatter the former Governor of the Bank of England backfired, with diplomats saying they were never briefed about the proposal and that, in effect, ‘associate membership’ doesn’t even exist.

EU diplomats accused Brussels of ‘over-reach’, an accusation often levelled against Eurocrats by UK Brexiteers before Britain left the bloc. 

One EU diplomat told the Mail: ‘This bombastic announcement is just not right.

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The Iran-backed Houthi rebels in Yemen reportedly hit Saudi Arabia’s east/west pipeline with drones. President Trump did not strike the Houthi’s.  Despite knowing oil prices would jump, President Trump told Saudi Crown Prince Mohammed bin Salmon to approach the issue carefully.

Reuters, citing an Axios report based on two US officials, said Crown Prince Mohammed bin Salman called Trump twice on Thursday and pressed for military action. Trump rejected the request, according to the report.

Why would President Trump ‘not’ strike back against the Iran-backed Houthi rebels, knowing the drone attack on the Saudi pipeline would only worsen the oil issue?  Well, you won’t read this anywhere else…. However, if Saudi Arabia shut down the east/west pipeline for a while (they just did), then the oil flowing to the Red Sea that ends up in Europe would be halted (it just was).

Think about it.  All of a sudden Europe cannot get oil from Mohammed bin Salmon. So, how does that change the dynamic of President Trump’s desired leverage toward Europe in his approach to bringing Russian oil back into the market.

I hope everyone can see the dynamic.  All of a sudden that Russian oil Europe hates so much, turns into dependency leverage against EU antagonisms against solving the Ukraine-Russia conflict.   This is not happening accidentally.

Oil Price News – Saudi Aramco has canceled or delayed crude deliveries to European refiners after the shutdown of the kingdom’s East-West pipeline cut into one of its remaining routes around the Strait of Hormuz.

At least three European refiners have had late-September cargoes canceled or pushed as far out as November, according to market sources cited by Argus. Two more expect notices covering September supplies.

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Western financial experts have a self-interest to never explain this issue. Instead, they frame the issue as BRICS seeking an alternate currency in the energy markets. However, the currency or petrodollar is not the issue. At least it’s not the core issue.

What Vladimir Putin, and by extension BRICS, do not want is corporatism -corporate financial control over govt systems- determining prices.

To give you an example of Vladimir Putin’s argument, consider orange juice.

Why should orange juice in California or Florida cost $7/gal, when the oranges are in CA or FL?

Shouldn’t the orange juice in FL or CA be cheaper than in, say, Minnesota? Logic would say, yes.

However, that would mean the corporations who have purchased the OJ production couldn’t maximize predatory profiting, through nonmarket forces, ie. “Commodity trading.”

The same organic supply/demand rule applies to strawberries, or [fill in the blank].

What is setting the price, what the west calls the “market price,” is actually the commodity trading issue. That means Minnesota, Florida and California consumers all pay the same price.  Within the energy sector Putin views this as unfair and unworkable.

To his credit, under normal supply/demand Putin would be selling oil/gas to Europe at much lower prices than “market prices” because the pipelines are in place, the proximity is near and the delivery is cheap.

However, for Europe that means the financial markets would not control energy prices. Europe wants financial control, not cheap energy.

The need for control is a reaction to fear. The financial system, the bankers and the multinational corporations, fears their loss of control.

So, war!

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Sometimes Russian Federation President Vladimir Putin just nails the issue in a way that is difficult for western voices to deconstruct. This is one of those examples.

Using the reference of the EU recently raising interest rates in an effort to lower energy costs, a seemingly disconnected approach that attaches energy policy to monetary policy, Vladimir Putin outlines exactly why the EU Central Bank approach is used.  This is a really important dynamic to understand.

For a long time, Russia battled with the EU over the pricing process for oil and gas.  Russia, specifically Putin, wanted to sell oil/gas to the EU based on production prices and fair profits.

Europe wanted to buy Russian oil/gas based on “market prices” which are manipulated by speculation and traders.

Putin doesn’t like this pricing approach because it artificially inflates the price based on speculation, trading and inorganic influences.

Instead, Putin always said the “market approach” makes your energy prices go up, even when production capacitary prices go down (productivity).

Producers can provide increases in energy volume at lower per unit levels just by turning a dial on gas volume.  Why would Europe want to pay more, when the cost to deliver a higher volume lowers the per unit price.  The EU never had a good answer, other than that’s just the way the ‘western market’ works.

Concluding the first day of his working visit to India for the BRICS meeting, Vladimir Putin answered a media question about the EU and used this reference to outline why the financial system of the EU is actually the underlying reason for their need to have conflict with Russia.  This is really interesting.

Question: You have spoken at length today about the BRICS countries. I would like to raise a question concerning a nation which, though geographically more distant from here, is perhaps closer to you personally – Germany. As is known, elections have recently taken place in Saxony, where the Alternative for Germany secured a decisive victory. It appears a similar trend is emerging in Mecklenburg-Western Pomerania as well. How do you view these developments?

President of Russia Vladimir Putin: I do not wish to, nor will I, comment on matters of the internal political developments currently unfolding in the Federal Republic.

However, there are points which merit attention in this context – and I will explain why. In my view, all that is now happening across Europe as a whole is the consequence of systemic errors committed by the so‑called West, or, to be more precise, by the globalist circles of the West, in the political, security and economic spheres.

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Here’s the fact bomb that silences Canadians almost immediately when delivered.

In December 2024 then Prime Minister Justin Trudeau, told President-elect Donald Trump that Canada could not comply with a renewed trade agreement based on reciprocity because: (1) Canada had deindustrialized; their manufacturing was now “light” manufacturing and assembling of component goods made by others. (2) Canada had legislated energy policy based on climate change, and high carbon emitting industrial production was no longer an option [coking coal burning etc.]. (3) The NATO military spending goal was too high for Canada to reach [they were 19th and it wasn’t a priority because the USA was the crutch]. (4) Internal provincial rules, restrictions and cross-border trade regulations did not align with a Canadian federal trade policy effort, and (5) the political power of the ‘dairy cartel’ inside Canada tied the hands of Canadian trade representatives.

That was the gist of it. That’s why Canada cannot now or ever find a path to a U.S. reciprocal or balanced trade agreement.  #1 and #2 is specifically why Canadian govt officials repeatedly use the word “intertwined.”  They say intertwined because they can no longer function separately. Canada is economically dependent on proximal and economic subsidies from the United States.

That outline by Trudeau led Trump to say that Canada should then become a 51st state….. And, well, you know the rest. Someone in Canada should ask Trudeau about it. The former Prime Minister has no reason to deny it, and too many people were witness. Then, perhaps, Canadians will understand.

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The missing aspect in all USMCA/CUSMA trade discussions is the simple fact that President Trump and U.S. Trade Ambassador Jamieson Greer would prefer bilateral trade agreements.  The reason is simple and is highlighted in all the problems with the three-party USMCA.

Two countries can negotiate based on their individual interests; multiple country assemblies get complicated.  Canadian Prime Minister Mark Carney and his “middle power” strategy of multiple interests assembling to create larger influence simply doesn’t work in trade discussion.  That’s the bottom line.

Reuters is reporting the obvious.  Mexico and the United States are racing to reach a bilateral trade deal before the U.S. midterm elections in less than eight weeks, according to six sources in both countries familiar with the talks, an effort made more urgent by the collapse of Canadian negotiations with Washington. Both USTR Jamieson Greer and President Trump have previously said the deal with Mexico would likely come first.

Mexico has played this very well.  Mexican President Claudia Sheinbaum has not participated in any antagonisms toward the U.S. position; they are simply negotiating for their best outcome.  The Mexican government officials don’t try to hide their U.S. dependency under the misguided premise of patriotism.  They understand the nature of the relationship.

If President Sheinbaum wants to keep a strong economy, she needs the USA.  Both leaders want a trade agreement; it’s business beyond politics.  Canada on the other hand is playing pure politics and trying to carve out a deal for themselves the rest of the world doesn’t have.  Canada wants to be excluded from the baseline tariffs applied to everyone, that’s not going to happen.

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The European Central Bank raised interest rates a quarter of a percent claiming the effort will reduce energy prices.  However, the primary cause of higher energy costs is energy policy not monetary policy.

As you can see, Europe is blaming the Iran conflict, and by extension blaming President Trump for inflicting higher oil and gas prices.  Yet in reality, it was the European decision to cut themselves off of Russian oil and gas that led to their massive price increases.

In essence, if you ask yourself how far the EU collective is willing to go in order to combat the fictitious threat represented by Russia’s conflict with non-EU state Ukraine, it appears there is no upper limit.  Rather than assist in a resolution of the Ukraine-Russia conflict, they are willing to keep fueling the war and diminishing their own economy in the process.

From the perspective of the welfare of the average European, none of this makes sense.  This is bureaucratic ideology running amok.

FRANKFURT, Germany (AP) — The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests businesses can weather the higher borrowing costs.

The central bank for the 21 EU member countries that use the euro currency raised its benchmark rate by a quarter percentage point to 2.50% at a meeting held in Berlin, away from the bank’s Frankfurt headquarters.

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Prime Minister Mark Carney really is a globalist piece of work.  As Ukraine Prime Minister Volodymr Zelenskyy arrives in Alberta, Canada, to coordinate with the latest European leader Mark Carney, the remarks said in this brief greeting and introduction video are stunning in a geopolitical context.

It is obvious that Prime Minister Carney is trying to position himself as a decisionmaker in the outcome of the Russia-Ukraine conflict by pushing Zelenskyy even deeper into intransigent positions that will only lead to greater conflict.

Carney positions Canada squarely on the side of Ukraine and in violent opposition to Russia.  Not coincidentally, this is the exact opposite ¹position of the United States, and that is a feature not a flaw.

Carney really does view himself as European first and foremost.  He even remarks that Canada in general, and he as the Prime Minister specifically, will ensure that Ukraine advances to become a European member state.  How, exactly, does he as a North American leader expect to make this happen?

Worse still, Prime Minister Carney injects himself into the Ukraine-Russia negotiations by stating his intention to ensure that Ukraine becomes a member of NATO.  Ukraine not becoming a NATO member state is a hardline for Russia, and that aspect is deeply enmeshed in the ongoing negotiations between the U.S. led discussions with Russia and Ukraine.

Carney is putting his nation and himself into direct conflict with President Trump and the goals/objectives of peace.

No one outside of Canada gives a tinkers’ damn about Canada giving more money to Ukraine; however, when Carney directly aligns his military with Ukraine and pledges to support Zelenskyy with military hardware, NORAD defense missiles, things change.  Do the Canadian people really want to get pulled into this quagmire as an outcome of Mark Carney’s grand aspirations to become a protectorate of the European Union?

Carney is playing a very dangerous game, and I hope the Canadian people can see just how far over his skis he is putting them.

Watch these remarks carefully and contemplate just how much Carney is positioning Canada to be a direct enemy of the United States. This will not end well.  SEE BELOW:

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President Trump and U.S. Trade Representative Jamieson Greer waited to see if Canada was going to follow through with their retaliatory tariffs against U.S. imports.

The Canadian government carried out their tariffs, so today the White House introduced 50% ‘stacking tariffs’, on top of pre-existing tariff rates, and additional import bans against several Canadian products.

It should be quickly noted that several North American corporations are already making moves to avoid the issues by shifting production lines and adding additional investment into U.S. manufacturing.  As expected, getting locked out of a 32 trillion economy is not an option for survivability.

The easiest way to review the issues is not to read media reports, but rather to read the actual outcomes as announced by the White House and USTR.  CTH has noticed several Canadian outlets are already making false claims.

A White House FACT SHEET IS HERE.  The USTR ANNOUNCEMENT IS HERE.

It is worth reviewing both sets of outlines as well as accompanying links to determine the exact types of Canadian products being targeted by stacking tariffs and import bans.

WHITE HOUSE – Today, to address Canada’s increased discrimination against U.S. commerce, President Trump signed five Proclamations pursuant to Section 338 of the Tariff Act of 1930 to ban certain products from Canada and modify the scope of the tariffs on certain Canadian products previously announced on July 20, 2026. President Trump is taking decisive and appropriate action to respond to Canada’s additional retaliation and continued discriminatory treatment of crucial American exports.

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