Follow us on social

google cta
U.S. Senator Lindsey Graham

Gleeful Graham: Ukraine War all 'about money'

The South Carolina senator says Trump can get a deal to “enrich ourselves” with rare earth minerals

Analysis | QiOSK
google cta
google cta

No, you heard it right. Last week in a Fox News appearance, South Carolina Sen. Lindsey Graham said outright that the war in Ukraine is “about money.”

Namely, Graham told Fox News host Sean Hannity that the U.S. stands to financially gain from Ukraine’s vast agricultural sector and “two to seven trillion dollars’ worth” of rare earth minerals alike in a prospective wartime deal with the war-torn, albeit resource-wealthy, nation.

“This war is about money. People don’t talk much about it. But you know, the richest country in all of Europe for rare earth minerals is Ukraine. Two to seven trillion dollars’ worth of minerals that are rare earth minerals, very relevant to the 21st century,” Graham declared. “Ukraine’s ready to do a deal with us, not the Russians. So it’s in our interest to make sure that Russia doesn’t take over the place.”

“[Ukraine] is the bread basket of…the developing world,” Graham mused. “Fifty percent of all the food going to Africa comes from Ukraine.”

Graham also emphasized that the incoming Trump administration is uniquely positioned to cash out on such resources. “Donald Trump is going to do a deal to get our money back, to enrich ourselves with rare earth minerals. A good deal for Ukraine and us,” Graham said. “And he’s going to bring peace.”

Trump has suggested repeatedly that he wants to bring all sides to the table to talk in order to end the war. Graham has been consistently on the other side of the debate where he has wanted Ukraine to keep fighting at all costs.

Yet Graham insists that Ukraine will benefit from the prospective “deal” he describes. His own history of hawkish comments, where he previously said that “with American weapons and money, Ukraine will fight Russia to the last Ukrainian,” suggests Ukrainians' best interests and meaningful peace both rank low amongst his priorities.

Notably, this isn’t the first time Graham has suggested that the U.S. could benefit from access to Ukraine’s natural resources. “[Ukrainians are] sitting on a trillion dollars’ worth of minerals that could be good to our economy,” Graham said in a video clip from September, where he was standing next to Ukrainian President Volodymyr Zelensky.

Meanwhile, war fatalities continue to mount, with the Wall Street Journal reporting in September that over a million people have died or been wounded in the Russia-Ukraine war since its inception. To hawks like Graham, such fatalities seem to be an acceptable price to pay in an apparent bid for Ukraine’s natural resources.


Dear RS readers: It has been an extraordinary year and our editing team has been working overtime to make sure that we are covering the current conflicts with quality, fresh analysis that doesn’t cleave to the mainstream orthodoxy or take official Washington and the commentariat at face value. Our staff reporters, experts, and outside writers offer top-notch, independent work, daily. Please consider making a tax-exempt, year-end contribution to Responsible Statecraftso that we can continue this quality coverage — which you will find nowhere else — into 2026. Happy Holidays!

Top image credit: U.S. Senator Lindsey Graham (R-SC) attends a news briefing amid Russia's attack on Ukraine, in Kyiv, Ukraine March 18, 2024. REUTERS/Gleb Garanich
google cta
Analysis | QiOSK
US air force Venezuela operation absolute resolve
Top image credit: U.S. Air Force crew chiefs watch as F-35A Lightning II’s taxi following military actions in Venezuela in support of Operation Absolute Resolve, Jan. 3, 2026. (U.S. Air Force Photo)

The US military is feeling invincible, and that's dangerous

Latin America

The U.S. military certainly put on an impressive display Saturday during the raid to capture Nicolás Maduro.

It’s a testament to the professionalism of the staff and operators that they were able to design such a complex operation, coordinating ground and naval forces with all the supporting air, communications, and logistical elements. The 140-minute operation apparently went off without a significant hitch as evidenced by the fact that the mission was accomplished without losing a single American.

keep readingShow less
Is Somaliland recognition worth a new Israeli outpost on the Red Sea?
Top image credit: Israeli Foreign Minister Gideon Saar and Somaliland President Abdirahman Mohamed Abdullahi participate in a joint press conference during Saar's visit to Somaliland on January 6, 2026. (Screengrab via X)

Is Somaliland recognition worth a new Israeli outpost on the Red Sea?

Africa

Israeli Foreign Minister Gideon Saar arrived in Somaliland Tuesday for an official visit to the disputed territory, just 10 days after Israel became the first country to recognize its independence from Somalia.

The trip, which Somaliland officials quickly trumpeted on X, highlights Israel’s enthusiasm about its budding ties with the breakaway state, which lies on the northern side of the Horn of Africa, roughly 160 miles from Yemen by sea. “No one can ignore the strategic location of Somaliland,” Danny Danon, Israel’s ambassador to the United Nations, told the Wall Street Journal. “The straits are a strategic point,” he added, referencing the territory’s position at the mouth to the Red Sea, through which 30% of global shipping trade travels.

keep readingShow less
Venezuela oil
Top image credit: Miha Creative via shutterstock.com

What risk? Big investors jockeying for potential Venezuela oil rush

Latin America

For months, foreign policy analysts have tried reading the tea leaves to understand the U.S. government’s rationale for menacing Venezuela. Trump didn’t leave much for the imagination during a press conference about the U.S. January 3 operation that captured Venezuelan President Nicolas Maduro.

“You know, they stole our oil. We built that whole industry there. And they just took it over like we were nothing. And we had a president that decided not to do anything about it. So we did something about it,” Trump said during a press conference about the operation on Saturday.

keep readingShow less
google cta
Want more of our stories on Google?
Click here to make us a Preferred Source.

LATEST

QIOSK

Newsletter

Subscribe now to our weekly round-up and don't miss a beat with your favorite RS contributors and reporters, as well as staff analysis, opinion, and news promoting a positive, non-partisan vision of U.S. foreign policy.