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General Discussion >> Thinking Globally >> Europe buying Russian oil via India at record rate http://www.ozpolitic.com/forum/YaBB.pl?num=1726113880 Message started by Laugh till you cry on Sep 12th, 2024 at 2:04pm |
Title: Europe buying Russian oil via India at record rate Post by Laugh till you cry on Sep 12th, 2024 at 2:04pm
India is buying Russian oil, adding a price markup and selling it to EU nations like Germany at a healthy profit.
"The EU’s imports of refined oil imports from India grew to record levels in 2023 at the same time as New Delhi’s imports of Russian crude oil more than doubled year on year." This process also encourages India's trade with Russia in Roubles and Rupees which is not visible or reported to the US. US is losing visibility of world trade because of its sanctions. It cannot determine the values of trade between countries that are sanctioned and their trading partners unless the trading partners of the sanctioned countries voluntarily provide the information. Sanctions will eventually strangle US trade and strangle the US dollar. https://www.independent.co.uk/news/world/europe/russia-oil-europe-india-ukraine-war-b2477443.html Quote:
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Title: Re: Europe buying Russian oil via India at record rate Post by Bobby. on Sep 12th, 2024 at 3:06pm The Indians are traitors to global democracy and the sanctions are a farce. Why aren't sanctions put on India for buying and selling Russian oil? |
Title: Re: Europe buying Russian oil via India at record rate Post by tallowood on Sep 12th, 2024 at 5:38pm Bobby. wrote on Sep 12th, 2024 at 3:06pm:
So called "Western" countries are traitors to global democracy and sanctions are a farce. Quote:
https://www.washingtonpost.com/world/2024/03/21/russia-titanium-exports-sanctions/ |
Title: Re: Europe buying Russian oil via India at record rate Post by Frank on Sep 12th, 2024 at 5:52pm Laugh till you cry wrote on Sep 12th, 2024 at 2:04pm:
The EU is the reincarnation of Soviet bureaucracy, dressed up in hypocritical and arrogant Franco-German finery. |
Title: Re: Europe buying Russian oil via India at record rate Post by Laugh till you cry on Sep 12th, 2024 at 5:55pm Bobby. wrote on Sep 12th, 2024 at 3:06pm:
1. Germany and other countries need Russian oil to keep oil prices under control. 2. India needs money. 3. America needs India as a counter to China. 4. America doesn't want upward pressure on oil prices for domestic political reasons. Eventually, all American sanctions will hit the America economy whether by increased prices or by flight from the US Dollar. |
Title: Re: Europe buying Russian oil via India at record rate Post by Bobby. on Sep 12th, 2024 at 7:45pm Laugh till you cry wrote on Sep 12th, 2024 at 5:55pm:
But it is financing the war in Ukraine - perhaps 1 million people have died - both Russians and Ukrainians. It's blood oil. |
Title: Re: Europe buying Russian oil via India at record rate Post by Laugh till you cry on Sep 12th, 2024 at 10:18pm Bobby. wrote on Sep 12th, 2024 at 7:45pm:
It is OK Bobby. Uncle Sam profits from death. That is why violent death is so prevalent in the US unipolar world. |
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