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Thursday, October 2, 2025

'Ukraine pitches plan to help US sell American oil to Europe — icing out Russia and bringing in profits'

 Kyiv has pitched Washington on ways it could help the US replace Russia in oil sales to Europe — as President Trump pushes the continent to divest from Moscow’s energy sector to end its brutal war on Ukraine, The Post can exclusively reveal.

Pipelines deep beneath Ukraine’s surface could help funnel fuel either drilled in the country through the US-Ukraine mineral deal or shipped in from the US, Ukrainian Energy Minister Svitlana Grynchuk told The Post.

The potential partnership means American oil companies could replace Moscow in Europe’s energy sector.

Ukraine has pitched the Trump administration a plan that could help push Europe to divest from Russian oil — and replace it with American.Ukrainian Presidential Press Off/UPI/Shutterstock

“Ukraine’s gas and oil infrastructure has always been a key part of European energy security because Ukrainian territory was like a transit from Russia to Europe — and we have very, very good gas and oil infrastructure,” Grynchuk said.

“The US and other international partners could use this infrastructure for ensuring European energy security by supplying it and also the storage potential of gas and oil in Ukraine.”

Ukraine has the most liquid natural gas storage in all of Europe.

Peace and profit

Ukrainian President Volodymyr Zelensky’s top advisor, Andriy Yermak, said he briefly proposed the idea to US Ambassador to the United Nations Mike Waltz on the sidelines of the UN General Assembly last week, telling The Post that Kyiv could help the US supplant Russia in providing oil to holdout European nations.

Should President Trump sign on, he could help end Russia’s war on Ukraine and boost the US economy in one swing by replacing Russian oil with American energy sales to Europe, Yermak said.

Ukrainian Energy Minister Svitlana Grynchuk told The Post that Ukraine’s energy infrastructure can be used to pump American oil to European countries.Getty Images

“I asked him to introduce me to your Secretary of Energy,” he said of his conversation with Waltz.

“I asked him that please, as soon as possible, please arrange the meetings [between US Energy Secretary Chris Wright and Grynchuk,] and we can come.”

America’s potential interest in such an arrangement is unclear. Ukraine’s proposal is in the very early stages. Waltz’ and Wright’s offices did not immediately respond to requests for comment on Thursday.

“We need to work together, because Ukraine is the responsible partner [over Russia,]” Yermak said. “We are open. Let’s see things together, and let’s work together.”

Weaning Europe off of Russia’s energy sector is a key factor in pressuring Russian dictator Volodymyr Putin to end his war on Ukraine, Trump has repeatedly said.

As Moscow’s main source of funding for its war needs, the US president has been adamant that Europe must stop buying Russian oil.

Critics have argued that it would hurt Europe’s energy security — but Yermak counters that it would also open up opportunities for other energy exporters, such as the US, to fill in the gap.

In addition to importing American energy products for sale in Europe, Grynchuk said the US and Ukraine could also use their shared mineral deal to sell energy native to Ukraine to European partners, Grynchuk said.

Andriy Yermak, Ukrainian President Volodymyr Zelensky’s top aide, pitched the plan at the UN General Assembly last month.Lev Radin/Shutterstock

That minerals deal — which is already in place — would see Kyiv and Washington splitting profits 50/50 on Ukrainian oil pumped by American companies and distributed through Ukrainian energy infrastructure.

In the meantime, Ukraine’s state-owned Naftogaz this year began focusing on partnerships with US energy companies.

American LNG now makes up 8% of its total supply — up from zero before Trump took office, the company’s CEO Sergii Koretskyi told The Post.

An oil terminal is seen at the port of Saint Petersburg, Russia on Sept. 26, 2025.AFP via Getty Images

“We would like that to increase. We have not enough of our own production of natural gas, and I do not see the possibility to reach our energy independence in terms of natural gas in the coming years,” he said.

“We are also happy to provide [US] companies with our infrastructure and underground storage, and we are happy to purchase [US] LNG resources for our own needs.”

European hold-outs

President Trump for weeks has been hounding the European Union to divest from Russian oil — the Kremlin’s main source of income fueling its war machine.

The main holdouts are Slovakia and Hungary, as well as non-EU states such as Turkey and Serbia.

Trump called on Turkey’s President Recep Tayyip Erdogan to stop buying Russian oil during an Oval Office meeting on Sept. 25, 2025.REUTERS

Zelensky has been working on Slovakia, meeting with Prime Minister Robert Fico to urge the country to find other sources for its energy needs.

Both Yermak and Zelensky were optimistic about Bratislava’s propensity to find alternatives to Russian oil.

“We are ready to work together with European partners, if we can help and participate. And we have heard from Prime Minister [Fico] that he is open to find the alternative,” he said.

Meanwhile, Trump called out Turkish President Recep Erdogan for his country’s Russian oil purchases during the leader’s visit to the White House last week.

“I’d like to have him stop buying any oil from Russia while Russia continues its rampage against Ukraine,” Trump said of Erdogan. “[Moscow has] lost millions of lives already, and for what? You know, for what? Disgraceful.”

Hungary remains loyal to Russian oil, at least for now — but Yermak said he believes Trump is the one world leader who could loosen Moscow’s hold over Budapest.

“The United States has great relations, good relations, and has the influence over the prime minister of Hungary,” he said.

The Druzhba oil pipeline between Hungary and Russia is seen in Szazhalombatta, Hungary on May 18, 2022.REUTERS

Serbia is interested in ways to “diversify” its energy needs through the US sector, its Foreign Minister Marko Đurić told The Post. However, it has no plans to cut off its reliance on Russian oil, as the Kremlin has owned the majority share of Serbia’s Naftna Industrija Srbije (NIS) oil and gas company since 2008.

Instead, Belgrade has been seeking continued delays on sanctions that would target NIS due to its Russian-majority ownership.

Those sanctions, which the US Treasury initially placed on Russia’s oil sector in January, were postponed multiple times but are now set to go into effect on Oct. 8.

“Serbia values the understanding shown so far by the Trump Administration in relation to the NIS sanctions issue, particularly with regard to the need to safeguard the region’s overall energy stability,” Đurić said.

“Our foremost objective is to ensure a secure and reliable energy supply for our citizens and to sustain the growth of our economy.

“In this spirit, we are continuing our dialogue with US partners to find a long-term and sustainable solution that is acceptable to all sides.”

https://nypost.com/2025/10/02/world-news/ukraine-pitches-plan-to-help-us-sell-american-oil-to-europe-and-ice-out-russia/

45K gallons of radioactive water to be dumped into Hudson River from Indian Point nuclear plant

 Roughly 45,000 gallons of radioactive water from a defunct plant north of New York City will be discharged into the Hudson River after a federal court ruling struck down a state environmental law.

US District Judge Kenneth Karas sided with company Holtec International over New York State in a ruling issued last week that reversed the 2023 “Save The Hudson” law which sought to prevent the company from muddying the Hudson’s waters.

Holtec sued the Empire State last year, arguing that only the federal government had the right to regulate discharge of the Indian Point plant’s nuclear waste, which amounted to the 45,000-gallon sum, The New York Times reported.

Indian Point Nuclear Power Plant with two large, dome-shaped reactors next to the water.
Indian Point Nuclear Power Plant will now be able to dump 45,000 gallons of mildly radioactive water into the Hudson.Christopher Sadowski

Judge Karas agreed, writing in his decision that the 2023 law “categorically precludes Holtec from utilizing a federally accepted method of disposal.”

The company further argued that Indian Point had routinely made similar discharges while operating for over five decades in the downstate power plant.

Holtec praised the ruling and assured worried New Yorkers that the radioactive dumping will be conducted according to federal regulations.

“We will continue to decommission the Indian Point site in an environmentally responsible manner working with local, state and federal stakeholders,” the company said in a statement reported by Reuters.

Indian Point, which sits on the Hudson River about 35 miles north of Manhattan, was closed in 2021 after years of public outcry from the local community over environmental concerns.

Despite Gov. Kathy Hochul’s celebration and signing of the “Save The Hudson” law, she slammed the closure of Indian Point as short-sighted while announcing plans for a new nuclear facility.

Aerial view of the New York City skyline with many buildings and rivers.
The closure of Indian Point has led to more greenhouse emissions in the downstate region, according to Gov. Hochul.elena_suvorova – stock.adobe.com

“Let’s be honest. In doing that, we turned off one quarter of New York City’s power and it was almost all clean energy,” Hochul said at a June 23 news conference.

“Overnight, without an alternative, we’ve had to burn more fuel. More fossil fuels have been burned. greenhouse emissions are up in downstate New York because of that,” the governor added.

Holtec has a seemingly similar outlook — toying with the idea of reopening Indian Point to meet surging power demands, Bloomberg News reported on Sept. 10.

“Most of the interest has come at the federal level,” Patrick O’Brien, director for government affairs at Holtec, told the outlet. “It will just take time and money and political will.”

A rep for Hochul’s office told the outlet at the time that the administration had no plans to reopen Indian Point and was instead planning to go through with the plant’s total decommission.

Water from nuclear power plants is known to have a mild amount of radioactivity, in the form of tritium, which poses a small risk of contamination, according to the United States Nuclear Regulatory Commission.

https://nypost.com/2025/10/02/us-news/45k-gallons-of-radioactive-water-to-be-dumped-into-hudson-river-from-indian-point-nuclear-plant/

Oracle says hackers are trying to extort its customers

 Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle Corp. applications, according to a Google cybersecurity executive and three others familiar with the matter.

A group of hackers claimed to have breached Oracle’s E-Business Suite, which runs core operations including financial, supply chain and customer relationship management. In one case, they demanded a ransom of up to $50 million, according to cybersecurity firm Halcyon, which is currently responding to the campaign. The group, which claims to be affiliated with a criminal outfit called Cl0p, has provided proof of compromise to victims including screenshots and file trees.

At least one company has confirmed that data from their Oracle systems has been stolen, according to one of the people.

“We have seen Cl0p demand huge seven- and eight-figure ransoms in the last few days,” said Cynthia Kaiser, vice president at Halcyon’s ransomware research center. “This group is notorious for stealthy, mass data theft that heightens their leverage in ransom negotiations.”

The group began sending extortion emails on or before Sept. 29, according to Genevieve Stark, head of cybercrime at Google Threat Intelligence Group. The emails were sent from hundreds of compromised third-party accounts and claimed the theft of data, she said.

The extortion emails include sloppy English and grammar and are considered characteristic of the group, according to a person familiar with the campaign, who asked not to be named as the information isn’t public. They didn’t disclose the targets of the extortion letters or whether any of the victims had paid a ransom.

Stark said at least one of the email addresses used on the extortion notes was previously used by an affiliate of Cl0p, and the messages contain contact details that are listed on Cl0p’s own website. Alphabet Inc.’s Google doesn’t yet have sufficient evidence to verify the claims made in the extortion demands, she said.

The hackers compromised user emails and abused the default password-reset function to gain valid credentials of internet-facing Oracle E-Business Suite portals, according to Halcyon. However, one of the people familiar with the matter said they believed the theft was caused by a vulnerability the hacker exploited in Oracle’s E-Business Suite.

An Oracle spokesperson didn’t respond to a request for comment.

Cl0p is known for targeting large companies with sophisticated malware to lock files and make ransom demands for their deletion. In 2023, Cl0p was accused of exploiting weaknesses in MOVEit, a file-transfer product used by companies and organizations to transmit sensitive data, and it claimed to have obtained data from hundreds of organizations

Shell Plc, IAG SA’s British Airways and the British Broadcasting Corp. were among the victims of that earlier attack.

In June 2023, the US Cybersecurity and Infrastructure Security Agency issued an advisory about Cl0p, stating it was “one of the largest phishing and malspam distributors worldwide,” estimating it to have compromised more than 3,000 organizations in the US and 8,000 globally.

https://finance.yahoo.com/news/hackers-extort-executives-claiming-oracle-044534456.html