Everyone hates Trump but cutting off Russian money is needed to save Ukraine. What was the point of the EU cutting off Russian gas if Russia just sells it for more to India?
Not sure if gas is the same as crude, but if it is then the price is capped so that Russia doesn’t make any money off it. Then India can buy from Russia and sell it on for profit to the market, meaning that India profits instead of Russia, and the rest of us gets to enjoy fairly normal prices when it comes to oil and gas.
Almost everyone is happy.
Which is why India is rightfully pissed at Trump for sabotaging this setup, probably because it was done under Biden, when they’ve been doing exactly what everyone wanted, and expected.
Edit: India is pissed because not only did Trump sabotage the setup, he’s also punishing India for doing something that the setup permitted and encouraged. Turkieye (or how you spell it) is doing the same as India IIRC.
if it is then the price is capped so that Russia doesn’t make any money off it.
The price isn’t capped but it doesn’t matter that they sell it for less profit.
They sell it to India for cash which funds their war against Ukraine. India likes the cheap resources so doesn’t care that they are funding Russia’s invasion.
Everyone hates Trump but cutting off Russian money is needed to save Ukraine. What was the point of the EU cutting off Russian gas if Russia just sells it for more to India?
Not sure if gas is the same as crude, but if it is then the price is capped so that Russia doesn’t make any money off it. Then India can buy from Russia and sell it on for profit to the market, meaning that India profits instead of Russia, and the rest of us gets to enjoy fairly normal prices when it comes to oil and gas. Almost everyone is happy.
Which is why India is rightfully pissed at Trump for sabotaging this setup, probably because it was done under Biden, when they’ve been doing exactly what everyone wanted, and expected.
Edit: India is pissed because not only did Trump sabotage the setup, he’s also punishing India for doing something that the setup permitted and encouraged. Turkieye (or how you spell it) is doing the same as India IIRC.
The price isn’t capped but it doesn’t matter that they sell it for less profit.
They sell it to India for cash which funds their war against Ukraine. India likes the cheap resources so doesn’t care that they are funding Russia’s invasion.