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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1401094)4/30/2023 8:53:48 PM
From: Broken_Clock   of 1576241
 
and Xiden's sanctions? LMAO!

Message 34275656

Last August, we were the first to show how Russia was bypassing Europe's so-called commodities embargo: it was selling LNG to China which was then re-selling it to Europe at a substantial mark up. And while we also frequently reported that Russia was using a similar sanctions bypass for oil, this time using India instead of China, few were willing to confirm as much: after all, it would seem very shortsighted if European consumers were paying an extra surcharge to India, while Russia was not suffering any adverse consequences from Europe's laughable "sanctions."

Not any more: on Friday, Bloomberg reported that for all of Europe's fire and brimstone about an embargo (which has gotten decidedly quieter in recent months), "Russian oil is still powering Europe just with the help of India."
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