Topic: Russian oil and UK - page 3. (Read 334 times)

Sanctions against Russia work, but not as effectively as originally thought, because the position of many states is not so unified, and there are many ways to circumvent them. Despite this, the sanctions are slowly and steadily eating away at the Russian economy like rust.

Sanctioned goods tend to rise in price initially because any such event causes panic in the market. The price of grain has also risen because Russia, after withdrawing from the grain agreement on July 17, began to deliberately launch missile and other attacks on the ports of Ukraine, destroying grain storage facilities as well. This causes a stir and additional panic.

You are delusional to think that sanctions can help fight Russia. Already now, many countries admitted they're buying oil from Russia at a higher price then the limit of $60/barrel set by the EU. Market doesn't give a damn about sanctions and limits. In fact, it works the opposite way - sanctioned goods and resources are getting more expensive (e.g. grain after the grain deal collapsed, oil immediately after the war started etc).

Even if the sanctions would work, it wouldn't lead to Russia stopping the war. Russia is a self-sufficient country. Factory workers are getting their salaries paid in rubles, military personnel is getting paid in rubles. Even if ruble will go to zero, Russia would still continue producing tanks and rockets and paying their military.   

Why is it surprising that these things always happen in wars, not only the United Kingdom, but I think that all of Europe buys Russian oil and gas, perhaps the United States also does so indirectly.

There are always no values in wars. Arms, contraband and secret deals are active. Politicians give us big words and slogans, but they secretly do morally flawed things. How do you buy oil from your enemy and help him continue his war?

There are massive sanctions globally against products from Russia including Russian oil, crude oil to reduce source of income for Russia and restrict their financial flow for their war against Ukraine.

It is a massive sanction efforts from the Western nations but there are always dark markets and Russia actually have some friendly nations to make business deals like China, North Korea, India and countries from Africa.

However sanctions actually reduce their income and their ability to buy and produce more ammunition, armed vehicles because no sanctions can be perfect in reality.

Why don’t the UK and EU use batteries and windmills? I thought oil and gas were bad especially when the seller is Russia… Buying and using oil (and from Russia!) is against the Western values. Some may even call this “treason”. The Europeans should eat vegetables and drive golf carts only. Meat and oil are for the undeveloped parts of the world.

Right, if Russia couldn't sell oil and gas, they wouldn't be able to sustain the war and their economy until now. But if the EU countries did not quietly or seek to buy Russian oil and gas through intermediaries, they would not exist today. All will be for their money and survival, but these things we will not see much in the media. War will continue until there is a loser, but commercial transactions between nations will never end under any circumstances caused by war.

I have stopped following the issue some time ago, but at the time I echoed it:

LMAO: India resells Russian oil to the European Union.

I don't know what kind of hypocrisy underlies this, but it seems to be continuing.


I would at least hope that overall sales to the EU have been reduced, otherwise the show is at its best.

So far as I know the oil goes to India and China which are quite large enough to use it all in theory.  Its only the logistics restricting their consumption really and the ability to buy through clearing not subject to sanctions.   UK is importing oil from Norway last I checked and would be in trouble if not for that quite local support from a small but friendly nation.   UK used its reserves mostly and is not searching to develop more, long term even Russia has a problem with developing its resources properly and efficiently.    
  The reason I say India is because they have only found a small amount of oil in a large expanse and populated nation.  Also India has a policy to import raw crude and make a business from refinement, in fact Indian companies bought UK assets to do so there also but India has a more friendly policy to Russia then many nations I suppose for long term reasons.    UK has literally suffered nerve agent attacks on its mainland from Russian agents, it would be surprising if they ignore all the possible avenues of oil from allies and then transported from so far away.  Anything is possible but sometimes improbable is your best guidance. 
  Russia might have already failed in its war generally if they had sold no goods outside its borders however they do find markets imo its on its borders mostly.

Not a secret actually. Even Ukraine is secretly buying oil from Russia via the Baltic states, Bulgaria, Turkey etc using US and EU aid. Same for the natural gas. Most countries are doing it although it's not announced publicly.

Russian oil been sold from UK first they took oil to dark UK sea conours and load to different ships.
Everything is money and business so a lot wealthy get profit so off course no questions asked.
So no Wonder why british gbp was going up and forex market has a lot demand becouse of russian oil

The oil been sold to Europe the EU bought and still buy it from UK