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Topic: Russian oil and UK (Read 334 times)

legendary
Activity: 3752
Merit: 1864
August 14, 2023, 02:33:28 AM
#50
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 Smiley

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 Smiley 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.
legendary
Activity: 2520
Merit: 1073
August 13, 2023, 01:32:59 PM
#49
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.
You have a raised valid concerns regarding limitations of economic sanctions in achieving desired outcomes. Economic sanctions may initially produce some results , but later targeted countries devise strategies to mitigate their impact on their economies overtime, and same thing is happening in Russia Ukraine conflict now.

The Russia Ukraine ongoing conflict has led to heavy human causalities, collateral damage and economic difficulties all over the world. We should raise our voices to exert pressure on political leaders to find effective ways to bring this devastating conflict to an end.
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.
legendary
Activity: 3752
Merit: 1864
August 06, 2023, 05:36:52 AM
#48
...

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 Smiley 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 ...

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.


Well, you're not exactly presenting the information honestly Smiley

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 Smiley 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....
legendary
Activity: 2744
Merit: 1512
August 05, 2023, 02:06:13 PM
#47
...

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 Smiley 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 ...

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.
legendary
Activity: 3752
Merit: 1864
August 05, 2023, 10:46:48 AM
#46
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue

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.

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 Smiley 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 ...
legendary
Activity: 2744
Merit: 1512
August 05, 2023, 10:19:33 AM
#45
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue

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.
legendary
Activity: 3094
Merit: 1385
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August 05, 2023, 09:32:47 AM
#44
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.
legendary
Activity: 2408
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August 05, 2023, 09:28:01 AM
#43
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.
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.

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.
legendary
Activity: 3752
Merit: 1864
August 05, 2023, 06:46:50 AM
#42
Haha gave me a good laugh (as always)  Grin

So, it turns out Soviet Union collapsed because of the western sanctions? Mkaaaay  Grin Grin Grin

I'm not even sure what sanctions you mean? The 1980 grain embargo?  Grin Grin Grin

Indeed, life can be hard with a room temperature IQ...  Grin

That you didn't get it, that's pretty much expected Smiley
Now finish your hysterics, take your history books and start reading and studying. And stop accepting what so painfully distorts reality in your brain Smiley
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 ! Smiley 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? Smiley

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

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!  Cool


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 Smiley

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? Smiley
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! Smiley

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 Smiley
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 Smiley

"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 Smiley


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! Cool" - it was an attempt to answer in your style, thanks for the rating, this is how most of your "knowledge" is perceived  Grin Grin Grin Grin Grin
legendary
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August 04, 2023, 12:32:44 PM
#41
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.
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.
legendary
Activity: 2408
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August 04, 2023, 09:16:02 AM
#40
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?
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. 
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.
sr. member
Activity: 812
Merit: 349
August 03, 2023, 07:01:36 PM
#39
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?
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. 
legendary
Activity: 2240
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August 03, 2023, 02:29:29 PM
#38
Haha gave me a good laugh (as always)  Grin

So, it turns out Soviet Union collapsed because of the western sanctions? Mkaaaay  Grin Grin Grin

I'm not even sure what sanctions you mean? The 1980 grain embargo?  Grin Grin Grin

Indeed, life can be hard with a room temperature IQ...  Grin

That you didn't get it, that's pretty much expected Smiley
Now finish your hysterics, take your history books and start reading and studying. And stop accepting what so painfully distorts reality in your brain Smiley
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 ! Smiley 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? Smiley

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

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!  Cool
legendary
Activity: 3752
Merit: 1864
August 03, 2023, 12:57:20 PM
#37
Haha gave me a good laugh (as always)  Grin

So, it turns out Soviet Union collapsed because of the western sanctions? Mkaaaay  Grin Grin Grin

I'm not even sure what sanctions you mean? The 1980 grain embargo?  Grin Grin Grin

Indeed, life can be hard with a room temperature IQ...  Grin

That you didn't get it, that's pretty much expected Smiley
Now finish your hysterics, take your history books and start reading and studying. And stop accepting what so painfully distorts reality in your brain Smiley
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 ! Smiley 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? Smiley

PS about IQ, I'm told by a man with a constant perfectly even line of encepholagram of the brain !  Grin
legendary
Activity: 3080
Merit: 1500
August 03, 2023, 08:02:03 AM
#36
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

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.
legendary
Activity: 3752
Merit: 1864
August 03, 2023, 06:37:07 AM
#35
In the upcoming resource-based global politics as always from History at least from a few years, Russia is standing among the top nations due to the natural resources they own. Russia is constantly working with foreign policy for trading its resources and making allies with trading strategies. Even Russia is trying to overcome the universal status of the USD which seems like going to be a success shot in the near future. Russia is offering Local currency trade for that purpose especially targeting the new Aisain market and Gulf markets. USD's global status ruined the economic cycle of many countries a few years back and still until now countries under the world bank and IMF are trapped in the USD reserves system which is obviously a bad move for their own current valuation and economy.

As Russia is heading up with new offers it might get helpful for those countries who are under economic crisis due to the IMF policies.

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 Smiley
- 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...
hero member
Activity: 1904
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August 03, 2023, 06:28:06 AM
#34
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue

A fine opinion, entitled to life, like any personal opinion.
But there is one problem... According to your words there are no problems, but the Kremlin is screaming on every corner - lift sanctions, and the state budget reports a 50% failure of oil revenues, while the volume of production has not decreased.
Don't you worry about such a severe dissonance from reality ? Smiley

PS and a question to ask - why do buyers of 90% of oil from the terrorist country pay in rupees and yuan, and forbid to exchange them for dollars, which for some reason have become so necessary for Russia ? Smiley

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.
legendary
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August 03, 2023, 05:18:21 AM
#33
You are delusional to think that sanctions can help fight Russia.
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.

Even if ruble will go to zero, Russia would still continue producing tanks and rockets and paying their military.   

The ruble can't go to zero but I get your point. If the ruble goes to zero that would mean inflation will be at about 200% and no country can fight a war and win with that kind of inflation. The price of everything would be so expensive that they would be forced to turn their focus on the economy instead of war.


Let me remind you of history:
USSR being a more progressive and technologically advanced country. In a sense, the USSR had a self-sufficient economy.
The USSR was not technologically backward like modern Russia. The USSR had not only a resource economy, the level of third world countries, as now Russia has.
The USSR waged war for 10 years in Afghanistan, killing millions of Afghans and tens of thousands of its terrorists who went to kill Afghans.
The western world imposed sanctions against the USSR. and in 10 years the USSR ceased to exist !
Nothing is impossible! Especially now the position of Russia is on the back of world politics, its place has been taken by China, China benefits from stability. In fact, no one is interested in Russia, it has shat all over itself and stained itself in everything it can.

Haha gave me a good laugh (as always)  Grin

So, it turns out Soviet Union collapsed because of the western sanctions? Mkaaaay  Grin Grin Grin

I'm not even sure what sanctions you mean? The 1980 grain embargo?  Grin Grin Grin

Indeed, life can be hard with a room temperature IQ...  Grin

hero member
Activity: 2702
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August 02, 2023, 11:18:47 PM
#32
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


I do not know if this is happening or not, but presuming that it is I do not find it strange, during the cold war the US bought indirectly from the USSR all kind of strategic resources like titanium, so it makes sense that the UK and other countries were doing the same with Russian oil which has been selling for cheap for some time.

Now this may seem to be a hypocritical move, and maybe it is, but governments are moved by self-interests, and if buying Russian oil benefits the UK then their leaders will make that move without even thinking about it.
sr. member
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August 02, 2023, 10:33:40 PM
#31
Based on this article and this article what UK and EU doing is actually buying the Oil from third party like India who is actually getting their Oil from Russia. Looking at how this things going, how the EU and UK exploiting this loophole on their own punishment for Russia, all this sanction only look like a gimmick. All that being said, if the European country can't find the other way to fulfill their oil needs I can really blame them for doing this, also this sanction will not only harm Russia but also harming the EU and UK since they will need to buy more expensive oil from the second hand countries who bought Russian Oil.
legendary
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August 02, 2023, 05:14:17 PM
#30
In the upcoming resource-based global politics as always from History at least from a few years, Russia is standing among the top nations due to the natural resources they own. Russia is constantly working with foreign policy for trading its resources and making allies with trading strategies. Even Russia is trying to overcome the universal status of the USD which seems like going to be a success shot in the near future. Russia is offering Local currency trade for that purpose especially targeting the new Aisain market and Gulf markets. USD's global status ruined the economic cycle of many countries a few years back and still until now countries under the world bank and IMF are trapped in the USD reserves system which is obviously a bad move for their own current valuation and economy.

As Russia is heading up with new offers it might get helpful for those countries who are under economic crisis due to the IMF policies.
hero member
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August 02, 2023, 04:54:15 PM
#29
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

We cannot blame those countries for trying to find secret solutions to overcome their crises, especially since the repercussions of the Ukrainian war were catastrophic and sudden in a way that did not leave them enough time to adopt alternative solutions. The biggest of these crises was Russia's implementation of its threat to stop gas supplies through pipelines shortly before winter, especially since the countries that depended on Russian gas did not have enough stations to import and transfer liquefied gas. Add to that the cessation of grain supplies. How do you expect European countries that were partially or completely dependent on Russian or Ukrainian exports, which were also halted by the warة to live?
legendary
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August 02, 2023, 08:13:27 AM
#28
You are delusional to think that sanctions can help fight Russia.
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.

Even if ruble will go to zero, Russia would still continue producing tanks and rockets and paying their military.   

The ruble can't go to zero but I get your point. If the ruble goes to zero that would mean inflation will be at about 200% and no country can fight a war and win with that kind of inflation. The price of everything would be so expensive that they would be forced to turn their focus on the economy instead of war.


Let me remind you of history:
USSR being a more progressive and technologically advanced country. In a sense, the USSR had a self-sufficient economy.
The USSR was not technologically backward like modern Russia. The USSR had not only a resource economy, the level of third world countries, as now Russia has.
The USSR waged war for 10 years in Afghanistan, killing millions of Afghans and tens of thousands of its terrorists who went to kill Afghans.
The western world imposed sanctions against the USSR. and in 10 years the USSR ceased to exist !
Nothing is impossible! Especially now the position of Russia is on the back of world politics, its place has been taken by China, China benefits from stability. In fact, no one is interested in Russia, it has shat all over itself and stained itself in everything it can.
legendary
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August 02, 2023, 08:01:13 AM
#27
You are delusional to think that sanctions can help fight Russia.
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.

Even if ruble will go to zero, Russia would still continue producing tanks and rockets and paying their military.   

The ruble can't go to zero but I get your point. If the ruble goes to zero that would mean inflation will be at about 200% and no country can fight a war and win with that kind of inflation. The price of everything would be so expensive that they would be forced to turn their focus on the economy instead of war.


Well, the ultimate goal of sanctions is to make people's life uncomfortable enough to force them to choose another leader/government. I can't remind of any such event happening in the past. Cuba is living under sanctions since 1960s but no effect on nation's political course whatsoever. Venezuela? North Korea? Iran? Nope. So, sanctions are ineffective. In fact, they are doing more bad than good for the EU and US. Finally, as you have mentioned, they are definitely not going to stop the war. Therefore, sanctions should be cancelled ASAP to prevent further harm to Western economies.

Regarding the ruble, it was an exaggeration, but what I can tell you is that what works for other countries won't work for Russia. Russians are special in way, they can withstand much harsher conditions than many other nations. I know many Russians and my ex-wife is Russian too so I know what I'm talking about...  Grin
legendary
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August 02, 2023, 07:42:30 AM
#26
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue

A fine opinion, entitled to life, like any personal opinion.
But there is one problem... According to your words there are no problems, but the Kremlin is screaming on every corner - lift sanctions, and the state budget reports a 50% failure of oil revenues, while the volume of production has not decreased.
Don't you worry about such a severe dissonance from reality ? Smiley

PS and a question to ask - why do buyers of 90% of oil from the terrorist country pay in rupees and yuan, and forbid to exchange them for dollars, which for some reason have become so necessary for Russia ? Smiley
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August 02, 2023, 04:10:57 AM
#25
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.

You have a raised valid concerns regarding limitations of economic sanctions in achieving desired outcomes. Economic sanctions may initially produce some results , but later targeted countries devise strategies to mitigate their impact on their economies overtime, and same thing is happening in Russia Ukraine conflict now.

The Russia Ukraine ongoing conflict has led to heavy human causalities, collateral damage and economic difficulties all over the world. We should raise our voices to exert pressure on political leaders to find effective ways to bring this devastating conflict to an end.
sr. member
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August 02, 2023, 03:03:44 AM
#24
You are delusional to think that sanctions can help fight Russia.
Sanctions have worked to an extent, but I don't believe sanctions can make Russia stop the war. This looks like a war in that the ego plays a very big role. Neither Russia nor Ukraine nor NATO would want to agree that they've been defeated.
Without the sanctions, Russia would have been able to do more harm to its enemies through economic means and otherwise. At this point, they're just looking for ways to survive whatever sanction that gets thrown at them and they've been managing well so far.

Even if ruble will go to zero, Russia would still continue producing tanks and rockets and paying their military.   

The ruble can't go to zero but I get your point. If the ruble goes to zero that would mean inflation will be at about 200% and no country can fight a war and win with that kind of inflation. The price of everything would be so expensive that they would be forced to turn their focus on the economy instead of war.
legendary
Activity: 2086
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August 01, 2023, 11:55:14 PM
#23
With OPEC limiting their daily supply, countries would have to look for other resources and that's why it won't be surprising if that's happening.

And with all of these oil countries selling it are the ones who's making the bucks now and having a good economy. While those that don't have oil deposits and gas on their lands, they're the ones who's badly affected by these players in the world market.

Sanctions, borders and any other issues sticking with these countries. Still, at the end of the day you'll see them have their own trades no matter what boundary they have and will still find ways to acquire the cheapest ones.
That's just how it is done, there isn't really anything that is done any other way. I do hope that people would change soon enough but I do not think that this is something people are shocked about. Oil is needed and no matter what type of block you put against it, when nations need it, they will end up going over that block and get it one way or another.

There isn't a world where we can live without oil at all. That's sad of course, because we should be able to, and we need to make sure that it goes well enough, but unfortunately it's not going to be that simple. We need to go into a world of renewable energy so that we could continue to do well, otherwise it doesn't really matter in the end and we will be depending on these other nations.
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August 01, 2023, 07:07:29 AM
#22
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



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.

True, it is very easy to identify due to market volatility, it will raise fears that prices of everyday goods from food to gasoline and heating which are already rising rapidly, could soar even higher. on the other hand Russia is the second largest crude oil producer in the world and supplies about a third of Europe's needs.
hero member
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August 01, 2023, 06:41:13 AM
#21
With OPEC limiting their daily supply, countries would have to look for other resources and that's why it won't be surprising if that's happening.

And with all of these oil countries selling it are the ones who's making the bucks now and having a good economy. While those that don't have oil deposits and gas on their lands, they're the ones who's badly affected by these players in the world market.

Sanctions, borders and any other issues sticking with these countries. Still, at the end of the day you'll see them have their own trades no matter what boundary they have and will still find ways to acquire the cheapest ones.
legendary
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August 01, 2023, 06:36:23 AM
#20
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

Sometimes I don't blame them because they are considering national interest before international politics. Russia is a big player in the oil and gas sector, hence many nations depend on it and will continue to depend on her for oil and gas for a long time. And because of the war, Russia is selling its product at discounts so most countries are attracted to Russia's oil and gas. This war in Ukraine has thought me that every nation should seek peace with other nations because war is unpredictable. And relying on allies for assistance during conflict might be a big mistake because most of them have limitations, hence they can disappoint.
If you don't blame them and know that the national interest must come first, you should not call them hypocrites, because they only do what is beneficial to the country and that is their responsibility. Although they are supporting Ukraine in its war against Russia, they cannot leave their people alone for the sake of outsiders. It is citizens who are the main factor determining the survival of European nations, not Ukraine's victory over Russia more important.
I don't support Europe for their continued support of war weapons but I wouldn't be surprised and support them if they buy Russian oil in any way.

Yes, yes, yes, the voice of reason, finally! Would you give your neighbor, whose house is on fire, some water, knowing that your children are thirsty? Probably no, that's brutal truth. Strong national governments take care of their people and won't send more aid than they can afford. Weak, artificially installed (and remotely governed from the other side of the pond) governments spend billions on Ukraine and neglect their own people.
legendary
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Assalamu Alekum
August 01, 2023, 05:35:10 AM
#19
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

Sometimes I don't blame them because they are considering national interest before international politics. Russia is a big player in the oil and gas sector, hence many nations depend on it and will continue to depend on her for oil and gas for a long time. And because of the war, Russia is selling its product at discounts so most countries are attracted to Russia's oil and gas. This war in Ukraine has thought me that every nation should seek peace with other nations because war is unpredictable. And relying on allies for assistance during conflict might be a big mistake because most of them have limitations, hence they can disappoint.
If you don't blame them and know that the national interest must come first, you should not call them hypocrites, because they only do what is beneficial to the country and that is their responsibility. Although they are supporting Ukraine in its war against Russia, they cannot leave their people alone for the sake of outsiders. It is citizens who are the main factor determining the survival of European nations, not Ukraine's victory over Russia more important.
I don't support Europe for their continued support of war weapons but I wouldn't be surprised and support them if they buy Russian oil in any way.
legendary
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August 01, 2023, 03:32:44 AM
#18
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

Sometimes I don't blame them because they are considering national interest before international politics. Russia is a big player in the oil and gas sector, hence many nations depend on it and will continue to depend on her for oil and gas for a long time. And because of the war, Russia is selling its product at discounts so most countries are attracted to Russia's oil and gas. This war in Ukraine has thought me that every nation should seek peace with other nations because war is unpredictable. And relying on allies for assistance during conflict might be a big mistake because most of them have limitations, hence they can disappoint.


There are no direct oil supplies to NATO countries. That's fantasy. There is foul play by some third party suppliers. Read above - I described the scheme of how some oil "resellers" hide Russian oil by mixing it with other grades and passing it off as oil of other origin. Minor volumes of such oil do get into the EU market. But both the EU and Britain and the U.S. are actively fighting this re-export of international terrorist resources.

Official statistics: 86%-87% of Russian oil is bought by India and China. Small volumes go to Turkey. A little goes to Asian countries: Vietnam, Bangladesh, Pakistan.

PS always check the information before evaluating it

Please don't take our little lying propagandist shill friend seriously. Here's some official data: https://www.visualcapitalist.com/whos-still-buying-russian-fossil-fuels-in-2023/

Guess who's TOP3 buyer of Russian fossils? Surprise! Turkey is also on the list btw, and Turkey is a NATO country.

Besides: https://nra.lv/latvija/410937-vairakus-menesus-caur-latviju-uz-ukrainu-ar-viltotiem-dokumentiem-tiek-vesta-krievijas-degviela.htm Google translate this article. It's about Ukraine secretly buying Russian oil with fake shipping documents.  Grin
legendary
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August 01, 2023, 02:55:34 AM
#17
The Western sanctions are sabotaged with back room deals from India and China and some African countries. The markets just adapt and the Oil still flow through new channels to the UK and other countries that supposedly support the sanctions.

Russia has shown no indication that the sanctions are hurting them, because they just opened up new revenue sources through other nations. The sanctions are just a "smoke&mirror" show by Politicians to satisfy their voters, but the money and oil are still doing business like usual.  Tongue
legendary
Activity: 3752
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August 01, 2023, 02:27:39 AM
#16
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

Sometimes I don't blame them because they are considering national interest before international politics. Russia is a big player in the oil and gas sector, hence many nations depend on it and will continue to depend on her for oil and gas for a long time. And because of the war, Russia is selling its product at discounts so most countries are attracted to Russia's oil and gas. This war in Ukraine has thought me that every nation should seek peace with other nations because war is unpredictable. And relying on allies for assistance during conflict might be a big mistake because most of them have limitations, hence they can disappoint.


There are no direct oil supplies to NATO countries. That's fantasy. There is foul play by some third party suppliers. Read above - I described the scheme of how some oil "resellers" hide Russian oil by mixing it with other grades and passing it off as oil of other origin. Minor volumes of such oil do get into the EU market. But both the EU and Britain and the U.S. are actively fighting this re-export of international terrorist resources.

Official statistics: 86%-87% of Russian oil is bought by India and China. Small volumes go to Turkey. A little goes to Asian countries: Vietnam, Bangladesh, Pakistan.

PS always check the information before evaluating it
legendary
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July 31, 2023, 06:11:08 PM
#15
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).

I never knew that some NATO nations are still secretly buying oil from Russia. Before now I thought it was just China and India that are helping Russia invade sections. Most of these NATO nations are hypocrites if truly they are secretly buying oil and gas from Russia and are deceiving others to stop buying. The UK and other countries are always boasting that they are not buying Russian products because they have discovered alternative suppliers but still buying them in secret.

Sometimes I don't blame them because they are considering national interest before international politics. Russia is a big player in the oil and gas sector, hence many nations depend on it and will continue to depend on her for oil and gas for a long time. And because of the war, Russia is selling its product at discounts so most countries are attracted to Russia's oil and gas. This war in Ukraine has thought me that every nation should seek peace with other nations because war is unpredictable. And relying on allies for assistance during conflict might be a big mistake because most of them have limitations, hence they can disappoint.
legendary
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July 31, 2023, 02:58:19 PM
#14
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.

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.   

You can tell tales of high prices to patients at the home for the mentally ill Smiley

And the fact that you are lying is easier to be convinced than to breathe ! According to the "forge of lies" - Russian official channels - oil sales have not fallen, prices have even increased...but the budget does not receive more than 50% of oil revenues, compared to the previous period. Question : 2+2 = 1,5 ? Smiley
And it is very easy to understand why. India and China, very cleverly, and for their own benefit manipulate Russia and its oil market. Yes, prices are announced at 60 and even higher. But there is a nuance:
- a high declared price is an excuse to fool their population into buying cheap gasoline (as they do in India).
- A high declared price in DOLLARS, a small manipulation turns into.... half of this money gets stuck in India (friendship - what do you want !? Smiley ). The rest - lies dead weight in Russia, as India does not sell dollars or critical goods for rupees Smiley)
- Also, China's purchase - the price is announced, but in the end - a pile of wrappers (yuan) in Russia and .... ALL, no more revenues, just phantoms and commodities for pennies, which neither Indians nor Chinese want to buy Smiley
full member
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July 31, 2023, 02:36:37 PM
#13
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.

Yeah but they still need oil for various other things. It’s not just oil -> oil, but it’s oil for running the vehicles, AC units, pumping the heated water through radiator, warming the corporate buildings, burning the stoves and what not. It’s not gonna stop at all. Europeans or someone else oil is as essential as its getting limited by its natural occurrence.

Definitely they know this very well and can’t survive without it. They will have to buy it at any cost to sustain the life they had.

We have come to era where they can’t go in the woods, collect and cut it to burn and heat things up for their daily lifestyle.
hero member
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July 31, 2023, 02:16:10 PM
#12
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



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.
This is correct. It also applies to Russian gas after Russia cut off supplies through pipelines. As investigative media reports indicated that many European countries were finding their way to buy Russian gas through other means, and this was in their interest and Russia's interest as well, without showing this to the public.
The war in Ukraine has many peculiarities, especially since the main actor in it (Russia) has an important position in the global economy and in providing the basics of life for a large part of the planet's population, including the population of the closest neighbor (Europe).
legendary
Activity: 3752
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July 31, 2023, 01:57:25 PM
#11
No surprise there ! Russia, in its usual manner, tried, and partially succeeded, to cheat and circumvent the sanctions.
The scheme was very simple. At first oil was shipped to Baltic ports, there tankers of the terrorist country transferred their oil into other tankers, which were partially filled, for example, with European oil...Voila - it is no longer Urals, but.... well, something else.
And it was on its way to the nearest ports for sale.
This "trickery" was quickly unraveled, and deprived of support (insurance, Britain is the main provider of the service) all tankers that play not according to the rules. Russia began to panic to buy back old tankers and create a "shadow fleet" of tankers. But. The nuance is that these rusty troughs cannot sail far and are not accepted by EU ports. And they all sailed to places - where they don't care about risks and ecology - China and India. And they have been buying it back for pennies for many months now.....
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July 31, 2023, 01:17:18 PM
#10
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.

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.   
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.
legendary
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July 31, 2023, 03:15:24 AM
#9
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.

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.   
legendary
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July 31, 2023, 01:11:31 AM
#8
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?
newbie
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July 31, 2023, 12:23:23 AM
#7
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.
legendary
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July 31, 2023, 12:17:53 AM
#6
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.
hero member
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July 30, 2023, 11:57:49 PM
#5

  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.

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.
legendary
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July 30, 2023, 11:45:20 PM
#4
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.

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.

I would at least hope that overall sales to the EU have been reduced, otherwise the show is at its best.
STT
legendary
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July 30, 2023, 06:00:50 PM
#3
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.
legendary
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July 30, 2023, 05:55:03 PM
#2
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



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.
jr. member
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July 30, 2023, 04:49:49 PM
#1
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

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