Monday, July 18

"RUSSIA Takes $100 BILLION Risk of Self Insuring OIL DELIVERIES to INDIA & CHINA due to SANCTIONS"

I wondered why the Russians weren't doing that.  Turns out they are. This move largely obviates the Western sanctions, which to my understanding are chiefly aimed at Western oil insurers.  Yet Russia's move is one of necessity given the great increase of Russian oil shipments via sea since sanctions were imposed. Very clear explanation of a complex situation at this YouTube site:

See also: Russian fuel is flooding the Middle East – Bloomberg — RT Business News - July 17


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