> Isn’t Western Europe still taking Russian oil and gas? Not really. It is still possible technicaly but traders are afraid of buying / making market as they p

> Isn’t Western Europe still taking Russian oil and gas? Not really. It is still possible technicaly but traders are afraid of buying / making market as they predict sanctions to escalate and traders could be left with unsellable assets on their hands. The price of ural went as low as 20 dollars per barel (with 115 dollars for WTI and Brent) So the only country that is at the moment actively contracting ural (Russian brand of crude oil) is India. Shame on you India... China scooped one or two tankers but that's it. Also shipping companies aren't waiting for sanctions and refuse to contract Russian exports... https://www.wsj.com/articles/russia-scrambles-to-maintain-oil-sales-life-blood-of-economy-11646156655 https://www.wsj.com/articles/russia-scrambles-to-maintain-oi... https://www.freightwaves.com/news/shipping-isnt-waiting-for-sanctions-its-refusing-to-move-russian-cargo https://www.freightwaves.com/news/shipping-isnt-waiting-for-...