Putin says Russia will enforce rouble payments for gas from Friday

[BBSA]

Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap

Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations.

www.wsj.com

Already posted

 

[NarrowBandFtw]

Already posted

you seemed to be needing a repeat, thank me later

 

[BBSA]

you seemed to be needing a repeat, thank me later

I you say so

 

[Dave]

Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap

Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations.

www.wsj.com

Comrade @Wut has already got the 100 roubles bonus for posting that.

 

[Mirai]

Comrade @Wut has already got the 100 roubles bonus for posting that.

With democracies you have to make the transitions more slow for the common folk, people are fickle and you also look after your own. It's not like our Putinista's Ruzzia where the dear leader says "we mobilize and the serfs will sacrifice themselves" and everyone says "what profound words! We do it".

Of course our Putinistas mostly would never want to live in Rushia. They would prefer to live in a Western country or one with similar rules to what the West has.

 

[ForceFate]

Mature..

He's not wrong.

 

[s0lar]

He's not wrong.

It’s subjective so cannot be right or wrong.

 

[Dave]

It’s subjective so cannot be right or wrong.

No, he's definitely not wrong.

 

[jack_spratt]

Why?

The food secure, energy secure, natural resources secure?

Only everday tech and medicines is an issue. And China can assist them with that.

Also Pakistan, India, and many other countries are buying Russian oil and gas.

 

[Dave]

Also Pakistan, India, and many other countries are buying Russian oil and gas.

And? India is complying with the price cap set by the G7, they're actually getting it for a rate below the cap.

India Is Buying Russian Oil Below Western Price Cap, Officials Say - …

archived 2 Mar 2023 13:36:02 UTC

archive.ph

The Biden administration will continue to discuss India’s purchases of Russian oil with government officials but is satisfied so far that New Delhi is buying the crude well below a western price cap, senior State Department officials told reporters on Wednesday.

India’s purchases of Russian oil are a constant topic of discussion between the US and India as Washington seeks to deny Russia the revenue it needs to fund its invasion of Ukraine, the officials said. They briefed reporters on condition of anonymity.
It’s good both for the Indian economy and for stabilizing oil markets that India is buying crude at deep discounts from the cap, the officials said.

 

[Wut]

And? India is complying with the price cap set by the G7, they're actually getting it for a rate below the cap.

India Is Buying Russian Oil Below Western Price Cap, Officials Say - …

archived 2 Mar 2023 13:36:02 UTC

archive.ph

The Biden administration will continue to discuss India’s purchases of Russian oil with government officials but is satisfied so far that New Delhi is buying the crude well below a western price cap, senior State Department officials told reporters on Wednesday.

India’s purchases of Russian oil are a constant topic of discussion between the US and India as Washington seeks to deny Russia the revenue it needs to fund its invasion of Ukraine, the officials said. They briefed reporters on condition of anonymity.
It’s good both for the Indian economy and for stabilizing oil markets that India is buying crude at deep discounts from the cap, the officials said.

No, they are not Daf. The US officials jumped the gun by saying that on the 1st of March. India clarified that they will buy oil at any rate as long as it makes economic sense to them and will not comply with Western oil price caps. They have been buying oil at an average rate of $79.80 per barrel since January.

Bloomberg - Are you a robot?

https://www.nasdaq.com/articles/india-not-obligated-to-buy-russian-oil-below-western-price-cap-indian-oil-ministry-source

 

[BBSA]

https://twitter.com/x/status/1645840256418054149

 

[Mirai]

Soon the Russians will gladly take this:

 

[Dave]

No, they are not Daf. The US officials jumped the gun by saying that on the 1st of March. India clarified that they will buy oil at any rate as long as it makes economic sense to them and will not comply with Western oil price caps. They have been buying oil at an average rate of $79.80 per barrel since January.

Bloomberg - Are you a robot?

https://www.nasdaq.com/articles/india-not-obligated-to-buy-russian-oil-below-western-price-cap-indian-oil-ministry-source

You sound so sure of yourself.

Are you 100% sure it's been done universally or with state approval?

Exclusive: India's Bank of Baroda stops clearing payment for above-cap Russian oil - sources

India's Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources with direct knowledge of the matter said, a move that could expedite transition to a rupee trade mechanism.

www.reuters.com

 

[Wut]

Saudi Arabia is Buying Russian Oil at Record Levels and Laundering it Onto the European Market

Saudi Arabia is buying Russian Oil at record levels and subsequently laundering it onto the European market, avoiding US sanctions

watcher.guru

 

[Wut]

You sound so sure of yourself.

Are you 100% sure it's been done universally or with state approval?

Exclusive: India's Bank of Baroda stops clearing payment for above-cap Russian oil - sources

India's Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources with direct knowledge of the matter said, a move that could expedite transition to a rupee trade mechanism.

www.reuters.com

Even that article your posted says they will just use Rupees if they want to buy above the price cap.

 

[Wut]

Russian diesel exports hit record highs as the sanctioned fuel cuts into the US market share

Brazil has seen a dramatic uptick in Russian diesel imports this year, displacing American supplies.

markets.businessinsider.com

 

[BBSA]

 

[rietrot]

Russian diesel exports hit record highs as the sanctioned fuel cuts into the US market share

Brazil has seen a dramatic uptick in Russian diesel imports this year, displacing American supplies.

markets.businessinsider.com

Brazil is interesting. The leftist in the US wanted Lula, and he is not on their side at all. Bolsinaro would have been way more pro-western, but he was depicted as the bad rightwinger

 

[Wut]

Cargo ships "going dark" undermine Russian sanctions. The EU wants to ban the practice

Fourteen months of increasingly tough trade restrictions have not brought the Russian economy to its knees, nor have they forced the end of its war in Ukraine. In an attempt to further tighten the screws on Russia, the EU is preparing its eleventh sanctions proposal, according to Bloomberg.

finance.yahoo.com

Russia continues to get its crude to market by allowing vessels to carry out ship-to-ship transfers, where oil is off-loaded in the middle of the ocean outside the view of regulatory authorities.

Workarounds to Western sanctions have undermined their impact. In 2022, the Russian economy contracted more modestly than expected, by 2.1% compared to the previous year. This year, the Bank of Russia projects that the economy will grow by 2% as the country shakes off the effects of the sanctions.