TREE NEWS update: Russian President Vladimir Putin said Russia is prepared for war but does not want any war to occur, warning that if the situation spirals out of control there will be no winners. He also said Russia does not want a situation like the one in the Strait of Hormuz to arise in the Baltic Sea.
Putin Says Russia Ready for War but Does Not Want One
The framing is the story here: a readiness claim paired with an explicit no-win warning, which reads as deterrence messaging rather than escalation signaling. The Baltic comparison to Hormuz matters because it links European maritime risk to the energy and shipping chokepoints markets already price for the Middle East — a reminder that geopolitical risk premia are not confined to one theater. Whether this rhetoric stays declaratory or is matched by concrete moves in the Baltic is the open question worth watching.
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