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Sorry, but you don't understand the western sanctions on Russian oil. The goal is to keep it flowing (so that the prices don't explode), but to squeeze the Rus

Sorry, but you don't understand the western sanctions on Russian oil. The goal is to keep it flowing (so that the prices don't explode), but to squeeze the Russian profits. Make their (e. g. transportation) costs high and sale price low (price cap).

petre 3y ago
The sanctions worked somewhat. So did the destruction of North Stream. With it operational, Germany would have been buying Russian gas as usual. Recent Ukrainian strikes on Russian refineries will work even better. https://energyandcleanair.org/june-2023-monthly-snapshot-on-russian-fossil-fuel-exports-sanctions/ https://energyandcleanair.org/june-2023-monthly-snapshot-on-... The German auto industry should be building tanks and APCs instead of obnoxious diesel SUVs. And they should build them like a Renault, not like an Audi or BMW which are not easily serviceable. Their Puma APC fleet is plagued with issues.
- nradov 3y ago
  And maybe German industry should build some regular guns as well so that their army will no longer have to rely on wooden broomsticks painted black. https://www.newsweek.com/germany-cant-explain-use-broomstick-instead-guns-nato-exercise-307902 https://www.newsweek.com/germany-cant-explain-use-broomstick...
  - tom_ 3y ago
    This does seem like a very ineffective way to defend yourself against the other teams in the training exercise, who will presumably be firing live ammo.
_heimdall 3y ago
Sanctions cut off markets from Russian oil, they didn't attack profits directly. Sure there will be a short term hit to profit margins as the oil industry had to adjust and different markets have to buy up the sanctioned oil, but its a global market of a fungible commodity. Even if sanctions did somehow target profits directly, has it worked? Do we know that Russian oil profits are meaningfully less than they would otherwise have been? And how do we balance that benefit with the damage caused to European markets that had to scramble to adapt?
- konschubert 3y ago
  Yes we know that russia has to sell its oil significantly below market value, which means that sanctions are working.

petre 3y ago

The sanctions worked somewhat. So did the destruction of North Stream. With it operational, Germany would have been buying Russian gas as usual. Recent Ukrainian strikes on Russian refineries will work even better. https://energyandcleanair.org/june-2023-monthly-snapshot-on-russian-fossil-fuel-exports-sanctions/ https://energyandcleanair.org/june-2023-monthly-snapshot-on-... The German auto industry should be building tanks and APCs instead of obnoxious diesel SUVs. And they should build them like a Renault, not like an Audi or BMW which are not easily serviceable. Their Puma APC fleet is plagued with issues.

nradov 3y ago
And maybe German industry should build some regular guns as well so that their army will no longer have to rely on wooden broomsticks painted black. https://www.newsweek.com/germany-cant-explain-use-broomstick-instead-guns-nato-exercise-307902 https://www.newsweek.com/germany-cant-explain-use-broomstick...
- tom_ 3y ago
  This does seem like a very ineffective way to defend yourself against the other teams in the training exercise, who will presumably be firing live ammo.

_heimdall 3y ago

Sanctions cut off markets from Russian oil, they didn't attack profits directly. Sure there will be a short term hit to profit margins as the oil industry had to adjust and different markets have to buy up the sanctioned oil, but its a global market of a fungible commodity. Even if sanctions did somehow target profits directly, has it worked? Do we know that Russian oil profits are meaningfully less than they would otherwise have been? And how do we balance that benefit with the damage caused to European markets that had to scramble to adapt?

konschubert 3y ago
Yes we know that russia has to sell its oil significantly below market value, which means that sanctions are working.