Topic: Russian oil and UK - page 2. (Read 612 times)

In this situation, the best way to peaceful coexistence is not to make sharp attacks and not escalate the situation, as Russia did by attacking Ukraine. It is quite possible that Russia would have gotten away with this, but Ukraine showed unprecedented tenacity in defending its territorial integrity and freedom and the United States took advantage of the good opportunity to weaken Russia militarily, economically and politically. So in the current difficult situation for Russia, Russia has only itself to blame. Russia is accustomed to resolving issues through blackmail, intimidation and military force. But it didn’t work here because there was too much at stake on the part of Europe and the United States. There, although belatedly, they realized that after Ukraine the attack would be on the EU countries and then they, together with NATO, would have to fight directly. If they had not started helping Ukraine, in the coming years it would have cost them much more than it does now.

I feel like making it look this way is quite important, we should remember that why we are doing this is and why USA vs Russia situation exists to begin with. I think it is simply because they are powerful, and they are literally afraid of each other. Don't get me wrong, I am not supporting one side or the other, I am just saying Russia is afraid of USA being too powerful, and USA is afraid that Russia would be too powerful, which is a trouble and we can't really make it work some other way.

Best way to go about this would be just realizing that we are going to end up with something that will take a while, and because of this situation being a "goats locked their horns" type of thing, we may never find any solution to this issue.

It is most profitable for Russia to trade with India in rubles, but India does not need rubles. Back in the middle of last year, reports began to appear in the media about problems that Russia had in mutual settlements with India. In August, former Minister of Finance and ex-head of VTB24 and Otkritie banks Mikhail Zadornov said that billions of dollars in rupees were stuck in India, with which local buyers paid for Russian hydrocarbons. “Russia supplied $30 billion worth of oil and petroleum products to India in the first half of the year, and our imports from India are estimated at approximately $6–7 billion per year. We have nothing to buy from India, but we cannot return these rupees because the rupee is an inconvertible currency."

Therefore, when issuing export invoices, Russian companies increasingly began to use the yuan, which is easy to convert into rubles due to its high liquidity. As a result, oil imports from Russia, paid for in Chinese yuan, are growing, and the share of the dollar is declining. However, Indian refineries, primarily those owned by state-owned companies, are wary of the yuan. The only Indian importer currently paying for oil in yuan is Reliance Industries, owned by billionaire Mukesh Ambani. State-owned Indian Oil, Hindustan Petroleum and Bharat Petroleum actively use the dirham. This selectivity is due to the Indian government's policy to limit payments in yuan due to growing geopolitical tensions with China and the struggle for influence in the Asia-Pacific region. At the business level, the reason is the high currency risks when making payments in yuan compared to using the dirham, the exchange rate of which is de facto pegged to the US dollar.

Therefore, when Russia sells its oil to India, Russia has a huge problem with the settlement currency after it was prohibited from trading in the dollar and the euro.

After the successful attack, by Ukrainian surface drones, of the Russian terrorist fleet and facilities in the Black Sea, Russia has a prospective real problem with oil supplies through the port of Novorossiysk.
This is the largest oil hub through which the terrorist country continues to sell oil.  At risk is the loss of shipments of about 1,500,000 barrels of oil per day. This is great news as the terrorist country will receive much less money for terrorism.
There is a slight downside - a short-term increase in the price of oil.  But, 1,500,000 million barrels is not a critical volume for the world market - for example, Saudi Arabia has a "reserve" for daily production of about 2,000,000 barrels, which they will launch on the market immediately after the Russian oil in the specified volume stops coming to the market. Nothing personal - just business

PS There is an assumption that the refineries in the territory of the terrorist country and its "hand dog" Belarus SSR are also at risk Belarus became a full-fledged aggressor against Ukraine when strikes were launched from its territory. Now the objects on the territory of Belarus, providing technical assistance to terrorist troops, become legal targets.

These can be, for example, Kirishinefteorgsintez refinery, Ryazan Oil Refining Company, Tuapse refinery, and in the BSSR - Mozyr refinery - those refineries that are within the range of missiles armed by the AFU.

I do not think that Putin would really care about us lol. There are people who literally run away from Russia, so they do not call up for soldier work, and there was even a military organization (mercenary) that started to attack Russia itself, I mean like Russian mercenaries themselves, and they got what they wanted so they went back to war of course, but that's what we are seeing at this moment, I do not think that us voicing our opinion would really be cared at all. They will do whatever they want to do as long as they can until they can't.

You can defeat them in literally 1 week if you want to, but the nuclear war possibility makes it impossible. USA could send their "trillion dollar a year" worth military and it will be over in a week, but then what if Putin uses Nuclear weapons? That's why it has taken this long.

Well, you're not exactly presenting the information honestly

1. India has been and still is buying oil for Rupiahs for the most part. This is confirmed by Russian official statistics. Yes, everyone already knows that the attempt to "abandon the useless dollar and switch to local currencies" has failed. But the flow of rupees into the Russian budget has not been greatly reduced. Yes, a small part of it is in yuan, it is true, as India and China have quite dense economic relations.
2. Yes, China is trying its best, using today's situation, to get as many fools as possible on the "yuan needle".  The goal is simple and clear, but not everyone understands The goal is to export the problems of the economy through the yuan to other countries. Yes I agree - in a way it is an attempt to save the economy, it can be presented as strengthening China.
3. Except that it does not strengthen Russia in any way. Today, it has become a cheap, submissive, raw materials appendage of China and India, and has lost its position as the "second pole of the bipolar world" thanks to China. Or am I missing something? Then explain. But according to the indicators of budget fulfillment - failure by 50% on oil revenue is already declared officially by you russia....

The problem is that India has started purchasing Russian oil with yuan which makes China more powerful, and Russia more powerful by proxy. India's purchasing Russian oil from Dubai based energy firms as well, trading with their local currency. Many non-dollar and non-rupee alternatives are out there for Russia.

Only solution is to devalue oil by increasing supply. OPEC wouldn't bother getting involved, it's within their interest to monopolize oil production. The U.S. is one of the few western countries that would be able to ramp up production.

Yes, it is foolish to say that sanctions are the perfect tool and that they work 100%.
But again, there is a nuance. The purpose of sanctions, if we are talking about oil, is not to stop the sale of oil from a terrorist country, but to reduce its budget income to the maximum, so that it would be more difficult to finance a terrorist operation in Ukraine.
And here - all is well! The fall in revenues to the Kremlin's budget from the sale of oil amounted to about -50%! And this is a great indicator!
Yes, some are taking advantage of the situation, such as India - India is not only buying very cheap oil! It also pays, not in the critically needed currency (dollars), but in rupees, for which Russia cannot buy anything important. Why ? Because India has banned the sale of competitive products to Russia, for rupees - they are sold only for currency. And at the same time, India also banned Russia from exchanging rupees for dollars So the main goal has been achieved, while India's partners to whom it sells oil products are satisfied, India receives the currency ... In a word, everyone except Russia benefits ...

This is precisely why sanctions are useless. There are always avenues for circumvention.

India reselling Russian oil to European market: https://www.reuters.com/business/energy/fuels-russian-oil-gets-backdoor-entry-into-europe-via-india-2023-04-05/

If the west wanted to actually combat Russian oil exports, they should have flood the markets with cheap oil by ramping up their own production. The U.S. had plenty in reserves and plenty drilling capacity but for their own political reasons, couldn't be bothered to ramp up energy exports because it would upset the climate change/green energy fanatics.

It would be great if the op actually added sources to the claim, so that we could see where the info is coming from, and how credible it is. The UK officially committed to stopping the imports of Russian oil and gas by the end of 2022, but that, of course, doesn't mean that it followed through. That being said, I don't see any credible articles that claim that the UK is still importing Russian oil as of Q2, 2023. And there is information that they're no longer doing that.
As for the possibility of buying oil from an intermediary, it can be the case, but once again, actual sources would be appreciated.

But what is more sad is that there is still a large part of the people who believe and fanatical in what this warlike nation says, they worship America and consider it a savior. Look at the war between Russia and Ukraine, which country benefits the most from arms sales, controlling rivals, export inflation...while not having to fight and not wanting the war to stop.

People who talk about morality and they always say they are good people, the more dangerous and unpredictable they become. Just like the scammers in the cryptocurrency market, those who always talk about morality, always want to help and bring wealth to others are mostly scammers.

No, it won’t work, you were the first to say that I was wrong - you have the cards in your hands - tell me how it really was, but for now I will invite the neighbors to watch this, your mega-humorous performance

He began to deny - prove with words, whether as always - you behave like a putty, the main thing is to open your mouth, but not have arguments?
And then fairy tales about Western textbooks have gone. Well, tell me - what do they write there, in Western textbooks, links to them? Or enjoy your status as an "information dummy", which you try to prove time and time again, and very skillfully at the same time!

By the way, about the attempt to "throw nonsense and run away" - let's get back to this issue, where you said that the numbers do not correspond to reality ... But the truth is, you didn’t indicate what kind of mistake, and didn’t bring any argmunets. Just air accusations, and nothing more
And so - bring a refutation of this data, from another, unfortunately closed topic:

My answer:

And some statistics for understanding trade with Africa, or rather "its savior - Russia"
Trade with African countries:
EU - $415 billion
China - $212 billion
United States - $68 billion
Turkey - $32 billion
Savior of Africa, Russia - 10 billion dollars !!!! : Grin Grin Grin Grin

Your next empty comment

"Could you provide the links to your sources? However, I think I already know the answer... certainly you can't because it's a lie. Quickly running through the list you provided I can see some numbers are completely off (up to 100%) Please fix and stop spreading lies."

And so - your answer, with numbers and evidence? But I know what will come in response - a stream of nonsense and regular accusations is not clear what


PS "I could only make out a portion of what you were saying. The remaining part is some completely unintelligible gibberish. Perhaps you can discuss skiing at home and cooking in a fridge with your fellow psychiatric facility patients. I'm sure that'll be fun! " - it was an attempt to answer in your style, thanks for the rating, this is how most of your "knowledge" is perceived 

Yes, unfortunately, this is true. The interest of countries, especially the United States, always comes first. The United States always tries to show itself that it is a messenger of peace, but the truth is that words are one thing and actions under the table are something completely different.

These sayings are to influence the masses who are the fuel of wars because they are the ones who suffer from wars, destruction and poverty resulting from wars, while politicians practice hypocrisy in secret and work contrary to all the things they say and get rich and satiated as a result of war trade.

The US is the one who has the right to decide everything about the war between Ukraine and Russia, Ukraine is just a front on the battlefield and any agreement to armistice or continue the war will be decided by the US, Ukraine has no right to decide. 

It is very normal for the EU or any other country to quietly buy oil and gas from Russia. Although the war is still fierce, but all need to maintain their economies under all circumstances. This is not really a secret, but for the sake of both parties, this news will never appear in the media.

The US is just a country and they will always put their own interests first, it's silly to believe what they say. A warlike country and rich from war but always consider itself a messenger of peace.

Is this not the highest form of hypocrisy? telling everyone to despise a nation while, behind the scenes, doing business with them. In this situation, who is lying to whom? It's time we stopped basing our decisions on what the US tried to convince us about Russia's conflict with Ukraine. If they can purchase Russian oil, they can still indirectly communicate with Russia about how they want the conflict in Ukraine to continue. 

Haha, so why don't you tell us all forum users what really happened and what was the reason USSR collapsed? Please please enlighten us! Would be great if you'd use some links to sources.

Don't send me to history books - no history book mentions western sanctions as the reason why it happened. They would say something like "people were tired of communism, planned economy and wanted change, freedom etc" but in reality I'm sure USSR got destroyed with some help from the 3 letter agencies by supporting national movements in the republics and local Russian liberal democrats.   

I could only make out a portion of what you were saying. The remaining part is some completely unintelligible gibberish. Perhaps you can discuss skiing at home and cooking in a fridge with your fellow psychiatric facility patients. I'm sure that'll be fun! 

That you didn't get it, that's pretty much expected
Now finish your hysterics, take your history books and start reading and studying. And stop accepting what so painfully distorts reality in your brain
And don't tell me, a resident of the USSR, fairy tales about what happened at that time, why and how it ended.
Or...no... And tell your version of "REALITY" about the history of the collapse of the USSR ? Very interesting reading will be, I'm sure ! Only preferably with figures, indicators, and facts ? I agree to your figures, facts - it will be much funnier !

I'll try to model your behavior: tell me, by the way - why do you wear skis and a short coat at home, over which you put a T-shirt, and put a gas stove in the refrigerator to cook food?

PS about IQ, I'm told by a man with a constant perfectly even line of encepholagram of the brain !  

That's good! UK, as a sovereign nation must take their own decision to safeguard the interest of their people. UK government surely knows that if they follow the US sanctions, the oil price will skyrocket in UK. So what they are doing is correct.

Why US always thinks they will control the other countries and their decisions? Entire EU has seen a drastic increase in energy price just because US issued sanctions on Russia.

Wake up guys! If you have slightest idea of international politics, you will understand it's a big gameplan of US to bring down the dominance of EUR and the economy of Eurozone. Apparantly there's no reason for NATO to include Ukraine in their group. Poland is now getting caught in the act.

1. the economy is becoming technological, not commodity-based. The fact that some resources have been held hostage by politics is a matter of time.
2. Regarding the Russian proposal to trade in national currencies, I have a few questions I want to hear from you
- What is Russia's success in trading oil and gas for rubles ?
- What is the success of russia in trading oil for rupees and yuan. What is the real income of Russia from these transactions, and how it is reflected on the filling of the budget of Russia on the articles "income from oil" and "income from gas" ?
Only please refer to the official figures and indicators, I assure you - there will be a lot of interesting things for you...
 interesting...

One thing that I see is really happening is that Russia is still standing and still providing everything necessary for their war and the lives of the people in the country. Of course, it cannot be said that they are immune and unaffected by such sanctions. But those sanctions do not seem to have had a big impact, not strong enough to stop Russia. They are still continuing the war and gradually achieving their military goals, which shows that every report is not true to what is going on. If indeed their economy is going down as you say, how can they be able to fight the US and EU in the war with Ukraine? They are against a bloc alone and they have stood firm until now.