Un colpo al bilancio militare di Putin. Crollo dei prezzi del petrolio russo – Bloomberg

You reap what you sew .

Slava Ukraine!!

They have been plunging for 4 years.

The problem is that many countries still buy it because it’s cheap.

Volume matters. If RuZ sells a lot of cheap oil, they are still generating a lot of profit.

This is why US, EU, UKR, and some partners are trying to stop RuZ oil tankers from reaching their customers.

If the gold price hadn’t surged the last few years i feel like Russia would have been out of reserves by now.