Breaking Market News @financialjuice
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IEA: EU BANS ON SEABORNE RUSSIAN CRUDE PRODUCTS EXPORTS MEAN 1.1 MLN BPD OF CRUDE, 1 MLN BPD OF PRODUCTS NEED TO BE REPLACED.


More stupidity from the EU, banning before finding replacement source will result in the same outcome as gas. Buying Russian oil from India and China at a hugely inflated price leaving Russia very much the richer.

The EU's actions only make sense if their actual goal is deindustrialisation and a much poorer EU population as per the WEF Agenda 2030 and Agenda 2050.


PiQ  @PriapusIQ
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The EU bans mean that the bloc will need to replace 1 million bpd of crude and 1.1 million bpd of oil products, the IEA said, with diesel especially scarce and expensive