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Tue Jul 19, 2022, 10:22 PM

EU Shipowners Race to Move Russian Oil Before Sanctions Kick In

Tanker owners in Europe are shipping as much Russian crude as possible before energy sanctions against Moscow take effect in December.

Since Russias invasion of Ukraine in February, Western nations have pledged to wean themselves off crude from Moscow and looming sanctions have raised fears among European processors and shipowners of being blacklisted for handling the fuel.

Shipments to Asia, meanwhile, have soared. China nearly doubled its Russian crude intake to 1.13 million barrels a day in June, from 670,000 barrels a day in February. India brought in roughly one million barrels a day last month from essentially zero during the first two months of the year,

Based on that trend it looks feasible that Russia could export all the available crude without American or European Union buyers.

https://www.wsj.com/articles/eu-shipowners-race-to-move-russian-oil-before-sanctions-kick-in-11658055600

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Reply EU Shipowners Race to Move Russian Oil Before Sanctions Kick In (Original post)
former9thward Jul 19 OP
SergeStorms Jul 19 #1
Raine Jul 19 #2

Response to former9thward (Original post)

Tue Jul 19, 2022, 11:07 PM

1. Rotten bastards.

Store as much Russian crude as possible, fatten Russian oligarchs' wallets to the point of bursting, just so they don't have to find alternative forms of energy. Lazy pricks. That keeps the sanctions on Russia from having the needed effect to stop their war of aggression.

You're needlessly killing Ukrainians, you pieces of shit. What comes around goes around, assholes.

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Response to former9thward (Original post)

Tue Jul 19, 2022, 11:29 PM

2. Disgusting to be doing this

no way sanctions will work with this kind of dirty tricks going on!

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