According to Jakub Janovsky, China’s been doing the heavy loading of propping up Russia’s economy by buying discounted oil now that India’s backing out. This may not occur forever though, as China’s primary oil demand is due to wanting to fill up its oil reserves. Once those reserves are filled, the demand for Russian oil would likely dwindle.
f1ve-Star on
Missile sanctions help too.
Haplo12345 on
> The head of the EU’s executive commission, Ursula von der Leyen, on Friday proposed a full ban on shipping services for Russian oil, saying sanctions offered leverage to push Russia to halt the fighting. “We must be clear-eyed: Russia will only come to the table with genuine intent if it is pressured to do so,” she said.
The EU could easily apply a lot of pressure to Russia by blocking Russian ships from exiting the Baltic Sea. Or Denmark could just do it itself, maybe with a bit of help from Sweden.
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According to Jakub Janovsky, China’s been doing the heavy loading of propping up Russia’s economy by buying discounted oil now that India’s backing out. This may not occur forever though, as China’s primary oil demand is due to wanting to fill up its oil reserves. Once those reserves are filled, the demand for Russian oil would likely dwindle.
Missile sanctions help too.
> The head of the EU’s executive commission, Ursula von der Leyen, on Friday proposed a full ban on shipping services for Russian oil, saying sanctions offered leverage to push Russia to halt the fighting. “We must be clear-eyed: Russia will only come to the table with genuine intent if it is pressured to do so,” she said.
The EU could easily apply a lot of pressure to Russia by blocking Russian ships from exiting the Baltic Sea. Or Denmark could just do it itself, maybe with a bit of help from Sweden.