Last month, before the EU announced its oil ban, the International Energy Agency said that Russia's profits from oil exports were up 50 percent compared to the beginning of the year.
Insider reported that the agency said the Kremlin was raising $20 billion per month in sales from the exports, which increased to more than 600,000 barrels per day in April, and that demand from India and China made up for losses in Western markets. In the wake of Russia's invasion and Western sanctions on Russian energy, India and China
Sure they do, but moving it all by tanker won't be easy. Then on September 1st, Russians won't be able to move oil by tanker and tankers that transport Russian oil won't have insurance.
They can’t sell oil if their country is destroyed!
Well the world is rather dependant on oil, Russia has lots of it, and doesn't seem at all worried about climate change. China needs oil, so does India, both of them will easily soak up any excess and since their track record on the environment is so stellar, what could go wrong?
What's is Mr Putin .russia. trying to prove to the world.?
Russia knows how to play monopoly. Trying to sell my book to pay medical bills, if you can, pls buy the book.
Good for her then. Sanctions remain!!!
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