GREAT NEWS ! India to Ensure No Breach on Moscow Oil Purchase Sanctions

[Litwin]

czar Putin slowly and surely getting squeezed. He gave his people orders not to sell to anyone in agreement with sanctions. India was the leading buyer ...

India to Ensure No Breach on Russia Oil Purchase Sanctions

India will not breach Western sanctions on Russia including the price cap of $60 imposed on purchases of oil from Moscow, according to people familiar with the matter.

www.bloomberg.com

 

[Donald H]

I think Litwin is missing the important details. "Higher than the price ceiling".

Other news is telling us that China and India are competing for Russia's oil. China comes in as the probable winner because they are going to pay what their ally asks of them, regardless of what their enemy 'thinks' it's worth.

It could be Russian propaganda that is telling us that Russia's economy is booming but would be even moreso without the sanctions?

 

[Litwin]

I think Litwin is missing the important details. "Higher than the price ceiling".

no , I dont, any comment on this ?
pootin Oil Disaster - Exports Fall 50% as Sales Collapse After Sanctions, EU Ban & Price Caps

 

[Donald H]

Somebody's lying.

Russian oil sales have gone up — not down — after massive sanctions from the West

Russia is expected to rake in roughly $321 billion from energy exports in 2022, Bloomberg reported. That's up more than a third from last year.

www.businessinsider.com

I'm outta this one until somebody establishes the truth.

 

[Litwin]

I think Litwin is missing the important details. "Higher than the price ceiling".