Posted on 06/05/2022 7:01:44 AM PDT by JonPreston
European companies have almost doubled their shipments of Russian oil since the start of Vladimir Putin’s invasion of Ukraine, despite desperate efforts by EU leaders to squeeze the Kremlin war machine by blocking Russia’s exports from global markets.
Campaigners said EU-based shipping firms had made a “mockery” of plans to sanction Russia, and warned that a partial oil embargo announced this week would do little to hurt Mr Putin or shorten the war.
In February, when Mr Putin’s troops invaded Ukraine, companies and vessels linked to the three countries shifted 31 million barrels of Russian oil. In May, that figure had jumped to 58 million barrels.
(Excerpt) Read more at finance.yahoo.com ...
That Rasputin guy is very crafty.
More Biden winning.
Even more money in Putin and Russia’s pockets.
Yeah. He did that.
Where are all your “experts” and testimony from Russians now?
You claimed the sanctions were reducing output. In essence, it dropped in April and went right back up in May.
If there is one thing to count on in life, it’s that the Euros will be hypocrites.
Biden has doubled Putin’s oil revenue, while at the same time damaging NATO. A big blow for globalism.
Don't worry. Zelenski's fan club of fellaters should be here shortly to tell us why this means Russia's economy is really in trouble.
Gasoline would be approaching $10 a gallon if not for these brave shipping operators moving Russian oil. Hats off to them!
We are funding both sides of the war.
Putin is the one benefiting from Biden’s sanctions on American oil.
check it out:
$GOGL
$SBLK
$ZIM
The Indians import heavily discounted Russian oil, relabel it and export it to Europe and probably the US who pay market price. The Russians are making a fortune and selling all the oil, gas and coal they can extract.
Will our Biden Republicans ever admit their president is the biggest f8up in history??
““This massive inflow of hard currency means there is abundant liquidity and thus low interest rates, which keep Russia’s finances more stable even as its economy deteriorates,” he said.”
Too funny!!! Russia is making bank thanks to the sanctions that the West imposed on themselves, but in order to get past the censors in the UK, they have to continue to claim that Russia’s economy ‘deteriorates’.
Hey..
If you had a choice and had to vote, and there was but two to vote for, only two.
Who would you vote for? Putin or Biden?
““This massive inflow of hard currency means there is abundant liquidity and thus low interest rates, which keep Russia’s finances more stable even as its economy deteriorates,” he said.”
India, ALONE, is importing 40%, up from 2%, of what Russia had been exporting to Europe. I suspect China is doing the same, if not more, as they’re FILLING their reserves instead of emptying them, as the Neocon-run countries are doing.
Well when you put all your eggs in one basket.
If they actually enforced their sanctions, their own people would be taking to the streets over lack of fuels.
We are witnessing the biggest media propaganda push in history. Nothing short of the future of NATO is at risk. If Biden’s sanctions fail, and they are given this article, the collapse will be historic and glorious.
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