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Topic: LMAO: India resells Russian oil to the European Union. - page 3. (Read 850 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Hey man! I understand you are from Ukraine or have relatives there? I understand Sithara007's position, what I don't understand is that of the European Union with a disastrous energy policy, which was already a disaster when it depended mainly on cheap Russian gas, and now it's even worse as it leads to botches like the one described in this thread?

You criticise India for buying Russian fossil fuels and you don't criticise the EU for buying them from India once refined?

His position is understandable, as he resides in Ukraine. What I don't understand is his persistence in blaming India, when it is the US and EU who are responsible for Russia receiving $100 billion in hydrocarbon revenues during the first 100 days of war. Russia is profiting out of exports, not because India is importing their oil and gas. Russia is profiting because the prices went up. And the policies in US and EU are directly responsible for this increase. Now my Ukrainian friend doesn't have the courage to criticize EU or the US and for him India is a convenient punching bag.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
Hey man! I understand you are from Ukraine or have relatives there? I understand Sithara007's position, what I don't understand is that of the European Union with a disastrous energy policy, which was already a disaster when it depended mainly on cheap Russian gas, and now it's even worse as it leads to botches like the one described in this thread?

You criticise India for buying Russian fossil fuels and you don't criticise the EU for buying them from India once refined?

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
^^^^ You are diverting the topic. I don't think that the Russian invasion of Ukraine is morally correct. That said, in India we are suffering from low wages and hyperinflation as a result of economic policy changes in the US and the EU. Stupid policies from the Biden administration resulted in crude oil prices going from $40 per barrel to $125 per barrel. Along with the war being waged between Russia and Ukraine, a proxy war is being waged by the NATO bloc against oil consuming third world countries such as India and China.

And they are doing it deliberately, in order to trigger a regime change in countries such as India (already they were successful in Pakistan and Sri Lanka). The US government can easily bring down oil prices, and all they need to do is to ask the OPEC and shale oil producers to increase the output. They are not doing it, because they want countries such as India to suffer from increasing trade deficit. At this point, what do you want us to do? If you think that we will speed up the destruction of our own economies by agreeing to the sanctions, then you are mistaken.
legendary
Activity: 3752
Merit: 1864
It's unfortunate that India didn't join the common action against Russia. It was obvious from the start that they wouldn't, but it's still sad. Yes, India has a lot of profit to make here, but profit on war, on blood, on what several countries and many scholars call a genocide? Is it really alright to make profit when such terrible things are done by Russia with the money it gets from selling oil?
And the EU, well, I'm not surprised that everyone is pretending that it's not Russian oil while knowing it probably is.

On multiple occasions I have asked you guys to stop blaming my country. Our position is clear. We don't support sanctions and embargoes that are imposed purely to satisfy the ego of western nations. Crude oil prices have risen by 200% during the last two years and the EU is using this as a tool for regime change. Already governments have fallen in countries such as Pakistan. If the EU want us to stop purchasing crude from Russia, then they should ask the OPEC to increase the output by 10 million barrels per day (that is the daily output from Russia).

Once again, let me make it very clear. India is not ready to foot the bill for EU's war against Russia.

Hmm ... EU war against Russia. Well, OK. Just answer honestly to this question. Suppose that it happened that India was attacked, Well, let some country XX. This country is destroying your citizens in the most sadistic way, destroying your cities. Missiles periodically arrive in Delhi, which hit residential buildings, architectural monuments, kill people .... Moreover, the country of the XX is much stronger than India, and is armed with such weapons that India cannot respond symmetrically. India is suffering huge losses, the country has lost 50% of the economy, tens of millions of lives, almost 20% of your country has been destroyed, part of it has been annexed and the XX flag is already being flown there. But for example, XX, its defense industry and army, is completely dependent on the sale of, for example, XX timber to the world market. And most of the income goes precisely to the maintenance of the shock group that kills your relatives and friends, on your own land. And you will not get out of this situation on your own, but you are guaranteed to lose. And you ask for help, and you logically ask not to finance the aggressor. The question is if all countries say: "Well, we are against not buying wood from XX. We will lose matches, toothpicks, why should we suffer so much without them? We do not support the Greenpeace war against XX." You will support such an answer, and consider it fair? Only from the heart and honestly? No need to talk about the EU. Just answer this fairly simple question?

PS. Everything in this life sooner or later, but it comes back to us like a boomerang. And good deeds, and bad, any ... Even passing by the needy, ignoring his request for help, having the opportunity to help, someday, and we will not receive critically important help for us ....
full member
Activity: 616
Merit: 100
The same thing happens in the Baltic Sea. A Russian tanker sails up and pours its contents into a huge other tanker, where the oil is mixed and it turns out that this is no longer Russian oil, very convenient. It's called the Latvian Blend. There will always be ways around, Europe will not be able not to buy Russian oil.
legendary
Activity: 2814
Merit: 1192
Countries are corrupt as hell. When EU voted for sanctions against Russia, France continued to buy from Russia and sell them military equipment.
There's a list of countries that finance Russian attack on Ukraine by trading with them and the founding members of the EU are at its top.

It's like the world is preying on this war fueling both sides. Ukraine gets weapons and Russia gets money and they both keep getting weaker while the vultures wait to pick their bones when it all ends.
legendary
Activity: 1358
Merit: 1565
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For the last few days, there is a lot of hype in Indian media regarding the failure of state oil corporations to secure crude oil supplies from Russia. Only the IOC has been able to sign a deal with Russian companies, and that too for just 6 million barrels per month. Russia is saying that they simply don't have any more crude to sell, because all of their oil is already earmarked for purchase by European companies under long term deals. Even for this month (June), the largest importers of Russian crude includes European countries such as Italy and Netherlands. They are blaming India, just to hide their own purchases from Russia.

Really? Any source for that? Not that I question what you say, which I guess you must have seen in the Indian news or something, but I like to see arguments backed up by a source. I imagine that it will be news from India that little or no Western media report.

As I said earlier, it seems to me that there is a lot of window-dressing going on here, and when the war is over, it seems to me that the oil trade between Russia and the EU will flow, even if the EU continues to slowly shift towards green energy.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
For the last few days, there is a lot of hype in Indian media regarding the failure of state oil corporations to secure crude oil supplies from Russia. Only the IOC has been able to sign a deal with Russian companies, and that too for just 6 million barrels per month. Russia is saying that they simply don't have any more crude to sell, because all of their oil is already earmarked for purchase by European companies under long term deals. Even for this month (June), the largest importers of Russian crude includes European countries such as Italy and Netherlands. They are blaming India, just to hide their own purchases from Russia.
hero member
Activity: 2338
Merit: 757
Really funny thing, instead of getting rid of Russian gas they are buying at a higher price but under a different name "Indian Gas"!!! This is really ridiculous. They want to get rid of Russia's control, but they are drowning in the Russian quagmire more and more. Unless Europe can find an alternative and cheap source of energy instead of Russian gas, they will never be able to get rid of Russia's grip. In fact, they are looking for other alternatives such as clean energy but they have not yet been able to find a cheap alternative and may not be able to do so in the near future.
The search for alternatives in renewable energies was never one of the priorities of the European economy, which is based on the depletion of the earth’s resources like other economies, and thus it did not take into account the lean days that would fall upon it with the expansion of Russia’s colonial intentions and forgetting that Russia was never be a supporter to it.
This situation will continue and there will be parties who take advantage of the situation as India does in the example presented by this topic, and we may see counterparts in other areas of the economy that are covered by Western sanctions on the Russian economy.
legendary
Activity: 3752
Merit: 1864
West had been the powerhouse of world. However in 21st century new world order is emerging. Sanctions are no longer way to stop a countries growth and most of the sanctioned countries are finding alternative ways to bypass these sanctions in a multipolar world.
And all the countries are looking for their own interests and infact European countries need oil and a need is a need. So they have to be fulfilled.

Most likely, this will lead to a "restructuring of the world", as a result, the world will be transformed into several (3-5) large unions "according to interests."
Most likely it will be:
- in some form, the rest of the EU. I am sure that soon enough the internal confrontation between "pro-Putin Europe" and normal Europe will lead to a split.
- Union "Saxon" - Britain, USA, Australia, New Zealand.
- Union of the "offended" - Russia, North Korea and the like
- Eastern Union - China, India, Indonesia and some other regional players.
- Perhaps the creation of a new military political economic union, after the defeat of the leader of the "offended". It can be an alliance from Britain, Poland, the Baltic countries, Ukraine.
Well, the rest will either adjoin these main unions, or they will try to adapt to become a "satellite" of other unions, or they will create a "world social union" where, if only everyone were together, but every man for himself.
legendary
Activity: 1904
Merit: 1159
West had been the powerhouse of world. However in 21st century new world order is emerging. Sanctions are no longer way to stop a countries growth and most of the sanctioned countries are finding alternative ways to bypass these sanctions in a multipolar world.
And all the countries are looking for their own interests and infact European countries need oil and a need is a need. So they have to be fulfilled.
legendary
Activity: 2338
Merit: 1124
What is clear is that the EU cannot magically stop consuming all the oil and gas it used to buy from Russia. It can gradually reduce it as it installs more renewables, as it has been doing for years.

I think there is a lot of window-dressing going on here, and I would like to see how they approach energy policy in the medium term, not to mention the long term, as politicians are not usually capable of thinking beyond one term of office. For me the lesser evil is to install more nuclear power plants, because fossil fuels mean putting the EU in the hands of other countries, many of them dictatorships. And to make a fool of themselves as in this case.
They could have, and still could in the future, but they are denying that for some reason. There are laws in place, and aims and roads to take, but renewable energy is the way to go for this and they just do not spend that kind of money on it.

From all kinds of food to all the energy needs, every nation has enough power to do it all by themselves and they only need to spend some money on it now, if they spend it now, they will be great in the future. Like have solar panels EVERYWHERE that gets sunshine enough, that would require tens of billions of dollars worth of investment, and yet you will not need Russia afterwards, and for some reason they still do not do it enough.
legendary
Activity: 3234
Merit: 5637
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Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

It should be noted that sanctions concerning imports/exports when it comes to Russia are not absolute and there are things that are exempt from sanctions. I can't say what is exempt from sanctions when it comes to the US, but as far as the EU is concerned, things are like this:

The list of banned products is designed to maximise the negative impact of the sanctions for the Russian economy while limiting the consequences for EU businesses and citizens. The export and import restrictions exclude products primarily intended for consumption and products related to health, pharma, food and agriculture, in order not to harm the Russian population.

Is it just a humanitarian aspect as they claim, or is it an excuse for part of the trade to continue no matter what? Either way, the money is coming to Russia, which is still on a war campaign against an internationally recognized country, so no one can say that the EU and the rest of the world are not financing that war (at least in part).

It will be interesting to see how many imports from Russia to the EU will be this year, but from 2012 onwards it is still declining and amounts to less than $200 billion with the largest share in fuels, oils, and distillation products.
sr. member
Activity: 2506
Merit: 368
Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.
No one is asking where the gas came from if they are buying it, they have no choice since that is the only fuel available for them, and with this they are forced to buy at any price or else those cars won’t be running. India is also negotiating with the EU, and of course they can’t also afford to lose Russia as they provide fuel to them and with this, the only good option is to resell it and the real loser here are the EU as they rely too much on Russia before. This is indeed the government fault at all, the sanctions is not doing well for them.  
I hope this is just a misunderstanding but it turns out that EU has some fault too for implying the sanctions which is not going well on their economy especially in the usage of oil. I'd like to believe that their government already knew this but proceeded anyway without thinking what would be the cost perhaps they don't like Russia at all IMO but the results show that they couldn't stand if they are out of fuel and the only way is to buy it from another country which could cost more than what they paid for.
legendary
Activity: 3752
Merit: 1864
No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?
Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

Yes, I believe that helping a terrorist country fill the treasury (uncontrollably, as, for example, in relation to Iran - oil in exchange for medicines), this is direct or indirect financing of terrorism. And the same goes for other countries. And that is what they are now paying for with the high price of oil, gas, and other disruptions in supply and supply chains. That's all - the price of flirting with the new brown plague of the 21st century! 1939 did not teach the world anything, now the world will receive another not cheap lesson ... Well, what did you think? And by the way, the citizens of Russia will be collectively responsible for supporting these same neo-Nazis. Everything will be repeated exactly as it was with Nazi Germany. Only now there will be a terrorist country in the dock - Russia

UPD I will also add that Ukrainian companies that do business with Russia without supplying goods or resources critically needed for Ukraine also finance Russian terrorism.
sr. member
Activity: 2422
Merit: 357
Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.
No one is asking where the gas came from if they are buying it, they have no choice since that is the only fuel available for them, and with this they are forced to buy at any price or else those cars won’t be running. India is also negotiating with the EU, and of course they can’t also afford to lose Russia as they provide fuel to them and with this, the only good option is to resell it and the real loser here are the EU as they rely too much on Russia before. This is indeed the government fault at all, the sanctions is not doing well for them. 
full member
Activity: 1050
Merit: 110
Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.
LOL - the line is very accurate and I was also thinking the same when they whole world was putting sanctions on Russia. Now the whole EU is in stress where to get the oil and fuel. What other solution they have. Now is the time to tell the world that they are not soft target like Afghanistan, Iran, Iraq, Palestine, Syra, Pakistan.
full member
Activity: 1092
Merit: 227
Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.
copper member
Activity: 2226
Merit: 915
White Russian
No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?
Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.
legendary
Activity: 3752
Merit: 1864
No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?
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