Comments by "TJ Marx" (@tjmarx) on "Are sanctions on Russian oil working?" video.
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As usual, Helia gets absolutely everything she is saying wrong.
A sanction only applies to the country the sanction is issued by. A UK sanction for example only applies to companies* in the UK trading with the entities named in the sanction.
There are no sanctions that apply to Russian oil from China, India or any of their other customers. Russia does not need to hide their trading with these countries, its legitimate and any attempt to prevent it would be both illegal and an act of war.
The sanctions were written BEFORE the inflation crisis and were the driving force behind high* inflation. There would have been no high inflation if those sanctions didn't exist. We only hurt ourselves.
The dark ships move oil to Algeria, where Algeria acts as a third party escrow to sell Russian oil to France and Germany which is one part of why they weren't hit by western high inflation as hard. This is well documented and both countries are open about it. France24 covered it back in 2022. It's perfecfly legal because "🤷♂️🤷♂️ hey, hey, we're buying from Algeria. We can't control where they get it from". Germany takes the extra step of using France as an additional third party, so they buy the Russian oil from France, that they buy from Algeria.
Russia does not rely on ships to transit oil into India and China. They're neighbours sharing borders with each other.
Please remember, Helia is the same fool who every few months for the first 18 months of the war in Ukraine kept trying to tell us the Russian economy was about to collapse even though all the data said it's stronger than ever and the IMF agreed it wasn't going to collapse. Helia lives in a fantasy world, filled with activism ideology and no facts.
The sanctions only hurt US, they do not hurt Russia. Any talk of further sanctions* should be opposed unless you're interested in even higher prices. To be clear before the yankville led sanctions, yankville wanted the EU to replace Russian oil and gas with yankvillian shale gas. Germany under Merkel said no because the shale product yankville are selling is only a 1/4 as energy dense so you need 4x as much. After the yankville led sanctions came into place inflation happened because suddenly europe couldn't buy from Russia anymore so they had to buy from the open market which didn't have the supply. That pushed up prices and caused energy costs to go through the roof and the CPI shot up. Then the pair of Nordstrom pipelines were attacked and destroyed by an entity that's apparently too secret to be disclosed. So without those pipelines the EU agreed to buy that shale product from yankville and permanently stop buying from Russia. It took a few months for yankville to ramp up production and exports, but once they did the EU stopped buying on the open market and energy prices stablised causing inflation to go down. That's objectively what happened. Look it up.
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