Moving the West to stifle the boomerang of Russian oil

“When the United States and the European Union began restricting purchases of Russian fossil fuels this year, they hoped it would help make Russia’s invasion of Ukraine so economically painful for Moscow that President Vladimir Putin will be forced to abandon it. . New York Times reports.

This perspective now seems distant at best.

“China and India, the world’s most populous countries, have rushed to buy about the same amount of Russian oil that would go to the West. Oil prices are so high that Russia is now making even more money from sales than before the war four months ago. And its once-collapsed currency has risen in value against the dollar.

SweetheartChargingSave to Favorites

Related Posts

Leave a Reply

Your email address will not be published.