Posted on 03/09/2023 7:42:59 PM PST by elpadre
MOSCOW, March 9 – RIA Novosti. The newspaper specifically asked the US administration’s largest commodity traders not to be afraid of deals on the supply of Russian oil, which is bought and sold at a ceiling price. Finance Times With reference to informed sources.
According to the publication, representatives of the US Treasury Department met with executives of trading companies Trafigura and Gunvor. While Washington has never objected to the trade of Russian oil within the ceilings agreed by the G7, major oil traders have been wary of the market.
(Excerpt) Read more at newsunrolled.com ...
excerpted:
“...Western oil sanctions against Russia came into effect on December 5, 2022: the European Union stopped accepting the transportation of Russian oil by sea, and the G7 countries, Australia and the EU imposed a price cap on oil during sea transportation at $ 60 per barrel. – Transport and insurance of more expensive oil is prohibited. In response, Russia banned it from supplying oil to foreigners from 1 February if the contracts directly or indirectly provide for the use of the marginal price fixing mechanism....”
“US urges global traders to trade Russian oil without fear”
Sounds as though the sanctions are starting to CRASH. Oh well, it was fun for the Neocons to at least ‘dream’ that they could destroy the Russian economy.
Is the US trying to play nice now that most everyone knows the US sabotaged the Nord Stream pipeline????
Russia won’t sell at Vicky Nudelman’s price cap; rather, at market prices.
the only thing crashing is the Russian economy
well, along with Putin’s dream of ever conquering Ukraine, of course ...
“the only thing crashing is the Russian economy”
LOL!
I bless the rains down there.
Translation: US-EU Globalist Price Fixing Scheme sows International Distrust of West.
How cab you crash an economy that has a per capita GDP that is less than Bulgaria?
As for the Russian economy, it crashed in 1917 and has yet to recover.
Chrystia’s yapping little porch pooch...
“How cab you crash an economy that has a per capita GDP that is less than Bulgaria?”
As a FIRST STEP, you get China and India on board, but yes, you’re right, not possible to crash their economy when the countries containing the vast majority of the world’s manufacturing and resources are NOT participating. And let that be a lesson to the Neocons, sanctions ONLY work when you get some participation outside of your little club of sycophants.
How can they be doing that unless russia is selling at a steep discount?
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