this post was submitted on 22 Sep 2023
40 points (95.5% liked)
NonCredibleDefense
3586 readers
297 users here now
Rules:
- Posts must abide by lemmy.world terms and conditions
- No spam or soliciting for money.
- No racism or other bigotry allowed.
- Obviously nothing illegal.
If you see these please report them.
Related communities:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If they really supported them, they’d stop buying Russian oil.
Not really. They are doing it with the tacit (but only in private) approval of the west.
1: Russia is selling well below production cost. So they pump at a loss and they are still using the equipment,
2: Russia rely (well, relied) on foreign companies for parts and to perform maintenance on their oil fields. The longer this goes on, the more shit breaks, slowly crippling the Russian oil industry.
3:Russia has no real way of converting the Indian Rupees they are getting paid for the oil into Rubles and spending it on anything
4: The west is buying refined oil products from india. India makes a nice profit and the world gets cheap oil without the money going to Russia.
There's no Russian oil to buy right now, so the tune has changed