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Sunday, August 09, 2026

The Same Enemy Is Driving Protests Across the Balkans

Saturday 8 August 2026, by Aleksandar Matković





In Serbia, the connivance between politicians and multinational capital has fed a sustained protest movement. Current protests in Albania, resisting a luxury development project backed by Jared Kushner, target a similar cronyish capitalism. [1]

I’ve been following the recent protests in Albania but from a particular angle: as a participant in a similar wave of mass protests in Serbia. In 2024, I got three months of death threats after I published a scholarly article exposing controversial economic data related to a German-backed lithium mining project that threatened to tear up the Serbian countryside. Since some of the threats were written in German and followed a visit by that country’s then Chancellor Olaf Scholz, the case drew international attention. It is still under United Nations investigation and was covered by the Guardian, which helped draw attention to the massive statewide protests and subsequent repression in Serbia at the time. Previously, I was involved in internationalizing Serbia’s lithium struggles, linking activists and local communities from Portugal, Chile, Spain, Germany, and elsewhere with those in Serbia under what became known as the “Jadar Declaration.” It was these international links that triggered the threats in my case.

So, there’s good reason to speak up about what’s happening in Albania after the last month of protests against a destructive luxury resort project backed by Jared Kushner. Surely, not everyone shares this view. Decades of nationalism and war have created deep divisions between Serbia and Albania. Yet there are important similarities. Both governments are currently facing backlash from their citizens over ties to foreign-led development projects. This marks a shift in both countries: citizens are no longer identifying with their own states. Instead, both societies are experiencing a growing divide between citizens and state structures, which repress their own populations in defense of projects led by US and other global elites.

Like Serbia, Albania has experienced brain drain. It lost more than a million citizens through migration during the post-1991 transition to capitalism. Official UN estimates suggest that over 43 percent of the population now lives abroad. Both countries face mounting environmental conflicts, while political opposition is either ineffective or, in Albania’s case, sometimes aligned with extractive industries, while trade unions remain weak. Both countries are also becoming increasing focuses for US capital. Already prior to the Zvërnec luxury resort scheme, Kushner was involved in a real estate project in Serbian capital Belgrade proposing redevelopment of the General Staff Building — a partially destroyed site, until now preserved as a memorial to the 1999 NATO bombing. Plans to transform the site into a luxury development, reportedly linked to the Trump network, provoked public outrage and led to the project’s withdrawal.

Kushner’s trajectory in the Balkans is emblematic of a broader transformation of US hegemony in the region, which some have now dubbed “Trump’s Balkan doctrine.” In Serbia, the United States was the third largest international investor in 2024 and signed a landmark Energy Cooperation Agreement with its government. In May, a previously announced €2.6 billion hydroelectric Đerdap 3 project was even publicized by the US Embassy in Serbia. Similar dynamics appear in Bosnia and Herzegovina, where American investments used to be €6.1 million in 2022. However, this is expected to surge, as the United States has brokered a €1.5 billion deal with Bosnia and Croatia to construct a liquefied natural gas (LNG) pipeline connecting the two countries — a key target for US LNG exports. The company set to do the construction is AAFS Infrastructure and Energy, a Donald Trump–linked US-based enterprise now officially endorsed by the Bosnian state.

The same approach is now changing Albania, where US investment previously rose from approximately $100 million in 2020 to over $300 million in 2023. This is also expected to surge, as the United States seeks to position Albania as an LNG hub through a $6 billion project in cooperation with Greece. Thus, US energy investments are changing the Balkans as a whole.

This is in line with the strategy encoded in the “Western Balkans Democracy and Prosperity Act” passed by the US Congress in October 2025. The same strategy features US attempts at removing Chinese and Russian influence and explains why, subsequently, Serbia’s Russian-owned oil sector has faced sanctions, contributing to supply instability and pressure on the national currency. This reflected a broader strategy of restricting energy flows among China’s partners, from Venezuela to Iran. In this context, the Balkans is now embedded in shifting patterns of US hegemony.

It is only within this context that Kushner’s $1.4 billion Albania project must be understood. And it is not without precedent: Peter Thiel has also expressed intentions to build a Mediterranean city populated by IT specialists and a racially exclusive elite, where capital is explicitly prioritized over democracy and human rights. The expansion of US capital in the region thus signals not only increased investment but also increased power over the Balkan states; a broader Pandora’s box of projects is emerging, some of which are deeply unsettling.

In fact, the Balkans are once again transforming into a site of geopolitical competition between major powers, potentially destabilizing Europe. This is another structural reason why intra-Balkans solidarity will become more widely important.

Citizens of Albania and Serbia are therefore justified in questioning whether their states function as agents of their citizens or as intermediaries for global capital, enforcing its conditions on their populations. The citizens of Bosnia are doing the same. Even though protests in Bosnia are still localized, in past instances they did spread across the country, as in 2014. In all three cases, the Balkan states increasingly appear as vehicles for foreign capital and its fantasy projects while repressing their own citizens.

Beyond the Fragments

Historically, the Balkans have been marked by fragmentation shaped by both national conflicts and competing external influences. These divisions have made the region vulnerable to extractivism. Overcoming them is thus essential if any pan-Balkan strategy — politically or economically speaking — is to emerge in response to what increasingly look like proxy resource conflicts.

Issues such as mining and ecological degradation transcend national borders and create material interests that can potentially be articulated across them without relying on the states that are backing devastating projects. In this sense, we are witnessing an opening in the region. Previously, isolated, nationally bounded movements were unlikely to succeed against transnational forms of power. For Serbia, Bosnia, and other Balkan countries to support Albanian protests is thus not only a moral claim but a strategic necessity.

If the Balkans is to avoid becoming another peripheral zone for elite megaprojects and a proxy for clashes between extractivist superpowers, we need to do more than think in terms of the nation-state. In fact, this also opens up space for rethinking the Balkans itself. Recently, the Regional Alliance to Defend the Nature of the Balkans, a network of over thirty organizations across the region that also includes the Alliance of Ecological Organizations of Serbia, expressed its full support for environmental activists, local communities, and citizens in Albania. There have also been limited instances of cross-border activism between Bosnia and Serbia’s local communities when it comes to the struggle against lithium mining. So, the perspective of integration, one might say, is opening up.

However, the obstacles to deeper society-wide cooperation remain substantial. Bosnia, Serbia, and Albania all have weak opposition forces that are unable to channel this energy or, in some cases, are even opposed to it. If a new political opposition emerges with an alternative vision, and if they can articulate it effectively — which the student movement in Serbia certainly had the potential to do in some regards — such cooperation could reshape the Balkans. At the very least, the current moment may be creating conditions for the Balkans to assume a new role.

Finally, we cannot ignore an old idea. The proposals for Balkan federation were conceived a hundred years ago out of the fear that the region as a whole might be subordinated — like the process that is currently under way. This confronts the Balkans with an alternative. The region may again become a resource colony, as many protesters fear. Or else it can avoid this fate by choosing the path of solidarity and mutual support. To do that, it has to recognize what’s at stake.

6 July 2026

Source: Jacobin

Attached documents

Footnotes

[1] Photo: The pink flamingo is the symbol of the Albanian protest movement. File:Pink Flamingo @ Temaikén.jpg|Pink_Flamingo_@_Temaikén

Baltic Republics Foment Crises With Russia

by | Aug 7, 2026

Historically, one of the greatest dangers to a major power in the international system is letting smaller allies and clients drag that power into an unwise war. Both the United States and leading European powers seem inclined to make that blunder with respect to the Baltic republics. Too many U.S. policymakers have not only tolerated but also facilitated the obsession those “allies” (i.e. protectorates) have exhibited with defeating Russia in Ukraine and weakening their arch adversary overall.

The belligerent behavior of some of NATO’s smallest members creates the prospect of disastrous results in Europe and beyond. A crucial policymaker, Kaja Kallas, is a former prime minister of Estonia and now serves as the European Union’s High Representative for Foreign Affairs and Security Policy and Vice‑President of the European Commission. That does not help matters. Kallas is not only one of Ukraine’s most avid supporters, but is also an outspoken Russophobe on a wide range of issues. Kallas has received strong, vocal support from Dutch-born Ursula von der Leyen, an influential German politician and currently President of the European Commission.

Kallas has repeatedly pressed her EU colleagues as well as NATO officials and policymakers in other European governments to make no concessions to Russia with respect to territorial or other issues involving Ukraine. Any compromises, she contends, would reward Moscow’s aggression, and increase the risk of a much larger war.

The former Estonian leader combines such policy rigidity with an alarming degree of arrogance and overconfidence about Europe’s power. In one speech, Kallas asserted that if NATO simply stayed united on policy, Russia stood no chance of prevailing in Ukraine or of achieving any of its other objectives. Horrific wars have emerged throughout history from far less hubris than she routinely displays with respect to the democratic West’s policy toward Russia.

The centerpiece of the current effort by leaders of the Baltic states to exacerbate tensions with Moscow is a propaganda campaign asserting that the Kremlin is plotting to launch military attacks on vulnerable NATO members in the near future. In mid-July, the presidents of Lithuania and Latvia warned that Russia “may be preparing ‘limited kinetic operations’ against NATO’s eastern-flank infrastructure to test Article 5” – the provision in the North Atlantic Treaty proclaiming that an attack on any Alliance member will be considered an attack on all. Latvian President Edgars Rinkēvičs asserted that “The next few months, or even the next 12 months, will be crucial for Baltic security.”

Predictably, Russian officials dismissed the warnings as cynical cover for NATO’s own military buildup in the Baltic region. There is no question that such a provocative campaign by the Western powers has taken place and continues to do so. Indeed, a sizable buildup of NATO air, naval, and ground forces has been occurring for years. One important move was the re-deployment of U.S. F-22 fighter planes to Estonia from Poland in the spring of 2023. The most significant Russian provocations have been repeated spy plane incursions into the airspace of the Baltic republics and Russia’s other neighbors. Similar maritime incidents have taken place involving Russian naval and civilian vessels. Although Moscow’s moves are foolish and needlessly antagonistic, they are hardly in the same category as the major NATO buildups of troops, warplanes, and naval vessels.

Alarmist warnings from the Baltic governments also are nothing new, so cynical American observers might be tempted to respond to the latest flurry with indifference. However, Poland – a much more significant political and military player than the tiny Baltic countries–has been outlining similar alarming scenarios. There have been numerous warnings in recent weeks by Polish politicians, following multiple media reports that Russia could carry out a limited military or hybrid provocation against Poland in the near future. In late June 2026, a leading Polish outlet called onet.pl reported that U.S. intelligence had alerted its Polish counterparts about the possibility of a Russian attack. Prime Minister Donald Tusk said on July 3 that the warnings should be taken seriously and noted that he had been issuing similar alerts for weeks. “Poland is preparing very intensively for various scenarios,” Tusk said.

The possibility that the chronically anti-Russia U.S. intelligence agencies are helping to foment such paranoia should be a matter of profound concern to Americans who are opposed to having the Ukraine conflict spiral into a full-blown NATO-Russia war. An especially sad development is how Donald Trump, who once justifiably scorned Washington’s entanglement in Ukraine as a folly, now seems firmly committed to perpetuating NATO’s showdown with Moscow. Baltic hardliners undoubtedly take comfort in the Trump administration’s new course.

The U.S. military’s already risky commitment to the Baltic countries is becoming more explicit and uncompromising. At a June 30, 2016, ceremony in Valga, Estonia, the American commander of NATO’s land forces ​in Europe made that intention quite clear. Stating that “You’re [the Alliance’s Baltic members] ready to do more ‌and following words with action, and ‌the United States will be there alongside you,” U.S. General Chris Donahue asserted that “is how deterrence is built: Not with words from a ​podium, but with boots in the mud.” Indeed, NATO is adding a new command headquarters to focus on developments in the Baltics.

With President Trump having effectively capitulated to the NATO hawks, there is an alarming opportunity for anti-Russian zealots in the Baltic republics and elsewhere to push their pro-war agenda. Given Moscow’s egregious behavior toward its neighbors during both the Czarist and communist eras, one can readily understand the hatred that many people in those countries still harbor. But we must not let such poisonous historical memories drive current U.S. policy.

Too many officials in the Baltic states are courting a military conflagration that would consume not only their countries but the United States as well. America does not have any security, economic, or moral interests at stake that even remotely justify incurring such a level of risk. Allowing NATO’s mini-states to drag the United States into a major conflict with Russia – one with possible nuclear implications – would constitute the biggest folly of the post-World War II era.

Dr. Ted Galen Carpenter is a senior fellow at the Randolph Bourne Institute and the Libertarian Institute. He is also a contributing editor to National Security Journal and The American Conservative. He also served in various senior policy positions during a 37-year career at the Cato Institute. Dr. Carpenter is the author of 13 books and more than 1,600 articles on defense, foreign policy and civil liberties issues. His latest book is Unreliable Watchdog: The News Media and U.S. Foreign Policy (2022).

Saturday, August 08, 2026

Is Iran Preparing to Permanently Block the Strait of Hormuz?

Conflicting signals from Washington and Tehran keep oil markets on edge as Iran weighs a permanent Hormuz shipping ban while Trump insists a deal is within reach.

Friday, August 07, 2026

The oil market’s very own schizophrenia – trying to read into the contradicting claims of US President Trump and Iranian officials seeking to escalate the blockade of Hormuz even further – continues to puzzle industry analysts and traders. Iran’s Parliament is reviewing a bill to permanently ban US, Israeli and other hostile vessels from the Hormuz, backed up by a flurry of drone and missile strikes in the Strait, just as Trump claimed a final deal is ‘close’. ICE Brent is set to close the week at $83 per barrel.

Iran and Oman Draw the Lines Through Hormuz. Tehran and Muscat have agreed on the coordinates of a proposed shipping corridor giving Iran control over Gulf-bound vessels, but Iranian officials cautioned that key details remain unresolved, and the new deal alone would not guarantee security in the strait.

Aramco Splits Its September Pricing Strategy. Saudi national oil firm Saudi Aramco (TADAWUL:2222) cut its flagship grade Arab Light for Asia by 50 cents to a $2/barrel discount against Oman/Dubai but raised scarce Arab Medium and Heavy grades by $1.25/barrel, suggesting it could boost Gulf output soon.

Court Blocks Trump’s $20 Billion Climate Clawback. A US federal appeals court ruled that the EPA could not cancel Biden-era clean-energy grants solely over policy disagreements, restoring an injunction protecting $20 billion in funds for nonprofit lenders such as the Climate United Fund or CGC. 

US Major Changes Guard After 14 Years. Ryan Lance, CEO of ConocoPhillips (NYSE:COP), will retire next month and hand the reins to CFO Andy O’Brien after transforming the company into the world’s largest independent oil producer, having bought Concho Resources, Shell’s Permian assets and Marathon Oil.

China Opens Its Fuel Export Taps Wider. Beijing has relaxed restrictions on refined product exports for a second month, allowing August transportation fuel shipments of up to 3.6–3.7 million tonnes—well above last year’s monthly average—as refinery runs recover, reaching 13 million b/d last month.

Mexico Bans Fracking Despite US Gas Dependence. Mexico’s President Claudia Sheinbaum has ruled out pilot fracking projects in Coahuila and Tamaulipas despite rumours claiming the contrary, even though falling conventional gas output leaves Mexico reliant on the US for 75% of its gas needs.

Rhine Shipping Costs Explode as Water Hits Record Low. Navigable depth at Kaub fell to just 17 cm this week, forcing vessels to carry barely 20% of normal loads and tripling inland German tanker freight to €160 per tonne, however light precipitation on Friday has halted the past weeks’ continuous declines.

US Natural Gas Sinks Despite the Summer Heat. Henry Hub futures fell to a 14-week low of $2.64 per MMBtu after gas inventories jumped by 33 Bcf—well above the 5-year average—as near-record production and weaker LNG feedgas flows outweighed higher cooling demand across the country.

China Pushes the Yuan into Iron Ore Pricing. China’s main steel association CISA called for yuan-denominated benchmarks based on its vast port-side market, seeking to boost its clout in a market dominated by Australian and Brazilian miners and pushing for more yuan term deals for state buyers.Related: ADNOC Reports 15 Vessel Attacks as Hormuz Risks Mount

Britain Tightens the Screws on Russia’s Shadow Fleet. London sanctioned 6 Russian banks, 6 newly acquired tankers and 4 companies importing weapons-grade tantalum and niobium, expanding a pressure campaign that has now targeted more than 3,400 Russian individuals and entities since 2022.

Russia Drops Fuel Standards as Refineries Burn. Moscow has extended its waiver allowing refiners to produce lower-grade (Euro-2,3 and 4 standard) gasoline until July 2027 as Ukrainian attacks leave roughly 40% of refining capacity offline and pushed the country’s crude runs to a 21-year low in July.

Trump Puts a Price Floor Under US Solar. The White House will impose a 15% tariff and minimum import prices on polysilicon, wafers, cells and panels from December 4, seeking to shield domestic solar from Chinese competition and kick-start domestic polysilicon output, having only 2 factories currently.

China’s Rare-Earth Exports Hit a Summer Slump. Chinese exports of rare earths fell 17.3% month-on-month in July to a four-month low of 4,224 tonnes, down 30% from a year ago, as slower approvals from Beijing and seasonally weakening buying patterns from overseas customers led to a drying up of flows.

Congo Slams the Door on Raw Copper and Cobalt Exports. The Democratic Republic of Congo has banned copper (#2 globally) and cobalt (#1 globally) concentrate exports with immediate effect to force more domestic processing and boost mining revenue as the 0.5 mtpa Kamoa-Kakula smelter ramps up.

Iraq and Syria Dust Off a Hormuz Bypass.
Baghdad and Damascus aim to rebuild the Kirkuk–Baniyas pipeline by 2029, potentially carrying 1.5–2 million b/d to the Mediterranean and giving Iraq a much-needed alternative after the Hormuz closure exposed its near-total dependence on Gulf export routes.

By Tom Kool for Oilprice.com

  

ADNOC Reports 15 Vessel Attacks as Hormuz Risks Mount

Abu Dhabi National Oil Company said attacks on its vessels and employees are having a significant impact on operations as the company tries to keep crude, gas and refined products moving through the Strait of Hormuz.

Fifteen ADNOC vessels have been hit by missiles or drones since the war began, including three this week, the company said Friday. One crew member has been killed and 20 others injured.

The Strait of Hormuz carried roughly one-fifth of global oil consumption before the U.S.-Israeli war against Iran expanded into a broader regional conflict. Repeated attacks on commercial vessels have disrupted traffic through the waterway, driven freight costs sharply higher, and made some shipowners reluctant to enter the Persian Gulf.

ADNOC said it is working with authorities to protect personnel and assets while meeting customer requirements “as much as possible” in what it called an exceptionally challenging operating environment.

The attacks are hitting one of the few Gulf producers that has managed to restore exports close to pre-war levels. The UAE has relied on crude loading points outside Hormuz, including Fujairah, while continuing to move some barrels through the strait despite the security risk.

ADNOC is expanding its own shipping capacity even as those risks increase. Its logistics arm announced Friday that it had acquired six very large crude carriers and five very large gas carriers for about $1.3 billion.

Nine of those vessels are scheduled to enter service this quarter, with two newbuild gas carriers due in the fourth quarter. ADNOC Logistics & Services already owns more than 340 vessels and operates another 600 chartered ships.

The fleet additions are intended to support higher crude and LNG exports as ADNOC expands production and trading volumes. The company also ordered four new LNG carriers last month in a $900 million deal.

“Freedom of navigation and the safe, uninterrupted passage of commercial shipping through international waterways must be respected and protected,” ADNOC said Friday.

By Julianne Geiger for Oilprice.com


ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet

ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company of Abu Dhabi continues to expand its fleet of supertankers to boost crude and LNG exports.

ADNOC’s unit ADNOC Logistics & Services plc on Friday announced it had acquired five modern Very Large Gas Carriers (VLGCs) and six Very Large Crude Carriers (VLCCs) for a combined investment of about $1.3 billion.

Nine of the vessels, six VLCCs and three VLGCs, were acquired on the secondary market. They are scheduled for delivery this quarter and will enter service with ADNOC immediately following delivery.

The remaining two VLGCs are newbuild vessels acquired through a resale transaction from a Chinese shipyard, with delivery scheduled for the fourth quarter of 2026.

The fleet expansion will support ADNOC L&S’ gas and crude oil shipping capacity and support ADNOC Group’s integrated value chain and continued growth in production, trading and export volumes, the company said in a statement.

The latest acquisition follows ADNOC’s order for newbuild LNG carriers from last month.

ADNOC L&S currently owns over 340 vessels and operates 600 chartered ships.

The UAE has sought to adapt to the closure of the Strait of Hormuz by sneaking tankers in dark mode through the Strait and increasingly offering to sell many of its crude grades for loading offshore Fujairah and at Sohar in Oman, outside the Strait.

The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.

ADNOC is also boosting its LNG carrier fleet to grow its international gas business.

Last month, ADNOC Logistics and Services placed a $900-million order for four newbuild LNG carriers to expand its fleet as Abu Dhabi’s national oil company seeks to boost gas exports to capitalize on the global rise in LNG demand.

By Michael Kern for Oilprice.com