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TheEvertw
FRANCE 24 English
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Comments by "TheEvertw" (@TheEvertw) on "Starting to sting? Putin denounces sanctions as oil revenues contract • FRANCE 24 English" video.
I think the way the export of oil and gas by Russia has been handled shows true genius. The cap on insured value of oil and gas transports has prevented a collapse of the world-wide economy, yet prevents Russia from profiting (profiteering) from it. Because the price cap is almost the price of production and transport. We have demonstrated that in the end, the Customer is King. Not the one who sells the assets.
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@ssaini5028 That is not to blame on the sanctions. OPEC nations have reduced production to artificially raise prices.
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