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Russia has always been selling it's oil and gas at a discount, that's why it had so much clout in the EU and CIS, nothing new, it's literally its geopolitical s

Russia has always been selling it's oil and gas at a discount, that's why it had so much clout in the EU and CIS, nothing new, it's literally its geopolitical strategy since the Soviet Union. All these talk of cutting off Russia won't last more than a year after the war, nobody refuses cheap energy, certainly not the cash strapped Europeans. They'll probably be the world leader in critical metals and rare earth deposits if they invested more on prospecting and the ice melts.

Tade0 8mo ago
> Russia has always been selling it's oil and gas at a discount No. Urals blend used to closely track Brent, now it's $10-20 below that. Chart here details the discount over time: https://energyandcleanair.org/wp/wp-content/uploads/2026/01/image-39-1536x683.png https://energyandcleanair.org/wp/wp-content/uploads/2026/01/... Overall there's a clear trend of Russia's fossil fuel revenue declining: https://www.russiafossiltracker.com/ https://www.russiafossiltracker.com/ > nobody refuses cheap energy Only Russian gas was really cheap. The EU found other suppliers who don't pose such a geopolitical risk.