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Doesn't it just mean they'll pay extra (for the cost of evasion)? Apartheid South Africa still got oil when it was sanctioned, they just had to pay Marc Rich a
by from 5y ago
Doesn't it just mean they'll pay extra (for the cost of evasion)? Apartheid South Africa still got oil when it was sanctioned, they just had to pay Marc Rich a 10% premium. Of course that's not great, especially when your currency and everything is collapsing, but still.
- lstodd 5y agoIDK about what SA had to offer back back then. Diamonds? Gold? Thing is, Russia lived all those years on gas and oil export mainly. Which isn't exactly a great proposition nowadays.