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
Trump bombs Venezuela, captures Maduro
Top photo credit: Venezuela President Nicolas Maduro (Shutterstock/stringerAL) ; President Donald Trump (Shutterstock/a katz)

Trump bombs Venezuela, captures Maduro

Latin America
keep readingShow less
STC Yemen
Top photo credit: Supporters of the UAE-backed separatist Southern Transitional Council (STC) wave flags of the STC and the United Arab Emirates, during a rally in Aden, Yemen, January 1, 2026. REUTERS/Fawaz Salman

Saudi bombs will not thwart new UAE-linked 'South Arabia' in Yemen

Middle East

The Saudi airstrikes against UAE-backed secessionists this week will by no means set back the carving out of a new ‘South Arabia’ from the formal Republic of Yemen.

In fact, while the Tuesday announcement of the UAE’s military withdrawal from Yemen was clearly in deference to Saudi policy there, it will not weaken the Emirates’ security role in the south, nor necessarily the prospect of secession by its armed Yemeni allies, the Southern Transitional Council (STC).

keep readingShow less
New weapons to Taiwan: 'Overdue correction' or poorly timed move?
Taiwan's flag is lowered during a daily ceremony as China conducts "Justice Mission 2025" military drills around Taiwan, in Taipei, Taiwan, December 30, 2025. REUTERS/Ann Wang TPX IMAGES OF THE DAY

New weapons to Taiwan: 'Overdue correction' or poorly timed move?

Asia-Pacific

On December 17, while much of the nation was watching President Donald Trump’s primetime “year-in-review” address to the nation, the State Department made a big reveal of its own: the approval of an $11 billion arms package for Taiwan.

According to the announcement, the sale will facilitate “[Taipei's] continuing efforts to modernize its armed forces and to maintain a credible defensive capability.”

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.