Russia isn't able to sell it to other customers for the same price as they are able to sell it to Europe. Transport, limited buyers all depress the price they c

Russia isn't able to sell it to other customers for the same price as they are able to sell it to Europe. Transport, limited buyers all depress the price they can command. The Europeans aren't paying a huge markup - Oil is a commodity sold on an open market. Any oil that was originally from Russia had to been sold to an intermediary at a significant discount.