Comments by "Far Centrist" (@far_centrist) on "Bloomberg Television"
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@ErikB605 if russia wants to make top profit then yeah. But between supplying a hostile country or selling it elsewhere, the choice is obvious. And like i said, it's sustainable due to the high market price and high demand. China, india, and UAE keeps buying more and more russian energy to refine and resell at an inflated price. Recent reuters article had outline that the EU is buying more indian oil and chinese LNG. Where did you think it came from? And russia is selling crude oil to india for a 30% discount. That's not a "fraction". At the end of the day, the point stands, russia can play the long game, even at a loss of profits, the export income is still more than enough to support the russian economy. And time is not a luxury the EU has, either they will cave and lift sanctions, or they will resort to dictatorship. Protests had started all over the EU. prague, paris, amsterdam, etc. All came from the same root, high market price due to sanctions.
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