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Energy prices which have LATELY, MAYBE, been driven by failed attempt of the US applying sanctions to Russia over the invasion of Ukraine. Reminder: https://ww
by NDizzle 4y ago
Energy prices which have LATELY, MAYBE, been driven by failed attempt of the US applying sanctions to Russia over the invasion of Ukraine.
Reminder: https://www.csis.org/analysis/biden-makes-sweeping-changes-oil-and-gas-policy https://www.csis.org/analysis/biden-makes-sweeping-changes-o...
- colinmhayes 4y ago> failed attempt of the US applying sanctions to Russia over the invasion of Ukraine. Russia is now selling a fraction of the oil they were pre-war for 70 cents on the dollar. The sanctions haven't failed.
- drewnick 4y agoGo look at a ruble dollar chart. Russia is making more money selling less gas.
- NDizzle 4y agoA large fraction? Making $100B the first 100 days of the war, overall, with it slowly decreasing, yet new channels are opening up straight to India and China? People haven't thought this through all the way. Two days ago: https://www.bbc.com/news/business-61785111 https://www.bbc.com/news/business-61785111
- yywwbbn 4y ago70 cents on the dollar when oil is at $120 is still much better than 100 cents at 50$ though.