Some "victorious" news from the other side of the normal world
Russia started selling oil to India at a loss.
And the other glorious thing is that they sell one-quarter of the amount of gas they previously sold and not only they are selling it cheaper to Europe than exactly one year before but they are also trying to get others to buy so selling at a further discount to China, because that's a genius economic move, sell less for less profit per unit, that's the way to go bankrupt.
So because the other economic genius who has always been wrong on this forum keeps saying 2020, 202, like it makes comparing prices in 20202 when oil went negative let's see how the situation looked exactly one year ago:
No invasion of Ukraine, no sanction, Russia and EU on "friendly" terms, full gas transit through Nord Stream, future contracts were 107 per MW, today, with full sanctions, less gas sold, but of course deposits, almost full thanks to cheaper than gas LNG (spread is 9 euros per MW) now, and the future prices for January delivery are 93%, so 14% cheaper. Why would the EU lift the sanctions when it gets cheaper gas than before the war?
As for the whole EU is freezing, btw 14C in Rouen as I type,
930TWh stored versus 625 TW last year, to understand the amount stored, just the extra difference is enough to supply India's whole consumption for 8 months,
Good luck replacing that market share!
But hey this is USA, EU, CIA, propaganda, let's hear it from tass
https://tass.com/economy/1551767Swimming in money and increasing the deficit by one full point in two months and entering recession 6 months before the EU, genius!!!!
The climate in most of Russia is quite severe, comparable to the climate of Canada, Finland, Sweden and Norway.
Just a heads-up, the current war is happening in Ukraine, not in Russia, in the same palce where Napoleon the 3rd beat the crap out of your army in the Crimean war!
I'm pretty sure they skip that part of in the history books, and ww1, and the Japanse war, and the failed invasion of Poland in 1919, and many others.