Only $96 per barrel. Quite the bargain.
“....the United States had accepted Russian demands for US assurances that the Iran nuclear deal wouldn’t entail sanctions on Russian-Iranian nuclear cooperation. Last week, Russia threatened to hold up the negotiations with Iran unless the US provided such guarantees. ...”
sanctions on Russia and Iran removed????
Biden is low-life - impeachment is a must!
Oil is still being sold on the market.
Russia will still sell it to those who buy it and cheaply so the overall market wont have those same customers. Hence the Price of oil will not rise significantly as demand is being met in certain markets.
But that oil is still buying weapons for Russian troops.
“...Although China hasn’t taken overt measures to help Russia circumvent sanctions, Chinese companies are buying heavily into Russian energy and minerals companies....”
If this article is accurate, then Russia is not running out of money and will be able to sustain their invasion.
Did something happen that changed the odds?
“and a rush out of dollars”
That was never, ever happening, PERIOD, FULL STOP.