The Daily Populous Monday August 26th, 2024 morning edition
Authored by pravda.com.ua and submitted by Silly-avocatoe

Volodymyr Zelenskyy, President of Ukraine, has urged India to stop importing Russian oil, citing the fact that Russian leader Vladimir Putin will face significant challenges.

Source: Zelenskyy in an interview with Indian media agencies

Quote: "I believe the Indian government understands this. We will gladly work on alternative solutions. You are a big country; we’re talking here not about millions, but about billions returning to Putin, to Russia, and then being used by him, because he officially now has a war economy.

This implies that the priority is war rather than peace. Not only for its military, but also for its economy, which is primed for war if billions of dollars arrive from any market, including India, Arab countries, and China.

Of course, this benefits him greatly, so he should feel that war is a very expensive and costly thing, as should his society, because even if he does not receive billions, he will not feel it.

He is stealing billions from his people. They are poor, so he did not feel it; however, if his society does, they will push him to peace.

This is critical because his society is either unaware of what is going on or understands and supports him. There is media influence in their country because Putin has complete control over the media and social media...

If you stop importing oil, Putin will face huge challenges."

Zelenskyy also said that he spoke with Indian Prime Minister Modi about the path to peace: "We will be happy to discuss his ideas, we will be happy to talk about it. But we are not ready to use our territories as one of the cornerstones of the proposal, we do not exchange people and territories for peace proposals."

"PM Modi values peace more than President Putin. See what the issue is? The problem is that Putin does not want this. I am not sure what they are talking about there, what the details are with Putin... But I told the Prime Minister, you should be careful with who you are speaking with. He says he wants peace, but then attacks a hospital."

Details: Zelenskyy went on to say that for Ukrainians, Putin is a killer. He also stated that Putin's remarks about the alleged desire for peace, as well as the attack on the hospital on the day of Modi's visit, show either disrespect for India or a loss of control over his own armed forces.

The President of Ukraine went on to say that Putin is not as smart as he appears to be on Russian television.

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A_Rabid_Pie on August 25th, 2024 at 17:43 UTC »

Everyone complains about Russia still being able to sell its oil, but that's by design. The sanctions don't universally ban it because removing Russian oil from the global market would cause oil prices to skyrocket, which nobody wants for a variety of very good reasons. The main things the sanctions have done are make it very difficult and expensive to do business with Russian companies, tanking the global value of the ruble and forcing Russia to do business using foreign currency, and most importantly the sanctions set a price cap on Russian oil such that they are selling basically at cost. This keeps the oil flowing, but makes sure Russia is just barely scraping by and not truly profiting off of it in any significant way.

This is also why nobody is complaining about Ukraine hitting Russian oil refineries. Refining petroleum increases the value of the final export, but it isn't a necessary step as they can still just export crude that can be refined elsewhere. If they were instead blowing up pipelines and oil fields (i.e. distribution and production of crude oil) Ukraine would be getting a very serious visit from western diplomats telling them to stop fucking with the global oil supply.

old_and_boring_guy on August 25th, 2024 at 16:18 UTC »

It's easy to say, but when everyone's gas price shoots up, they immediately blame the leadership.

DukeOfLongKnifes on August 25th, 2024 at 16:02 UTC »

Crude oil : China (52%), India(33%), EU(8%) and Turkey(5%) for that.

While :

LNG: The EU was the largest buyer, purchasing 50% of Russia’s LNG exports, followed by China (21%) and Japan (19%). No sanctions are imposed on Russian LNG shipments to the EU.

Oil products: Turkey, the largest buyer, has purchased 24% of Russia’s oil products, followed by China (12%) and Brazil (10%). The EU’s sanctions on seaborne Russian oil products were implemented on 5 February 2023.

Pipeline gas: The EU was the largest buyer, purchasing 39% of Russia’s pipeline gas, followed by Turkey (29%) and China (26%). No sanctions are imposed on Russian pipeline gas imports into the EU.

China was the largest importer of Russian fossil fuels in January, accounting for 33% (EUR 7.1 bn) of total imports. Turkey recorded the second highest imports, accounting for 20% (EUR 3.1 bn), while India was third with an 18% (EUR 2.8 bn) import share. The EU and Brazil contributed 13% (EUR 2.1 bn) and 4% (EUR 0.7 bn) to Russian fossil fuel exports, respectively.

No one even sees Turkey...🫣

> Despite sanctions on Russian oil, European countries increase intake of products from India, China, Turkey, UAE and Singapore that are purchasing increased amounts of Russian oil.

(Indian citizens are not getting discounted oil. It directly goes to West and Western allies making MNCs richer)

Country India exported to (in million US$)

2021-22

2022-23

Netherlands

5,272.13

12,524.61

United Arab Emirates

5,702.57

8,047.83

USA

5,061.08

6,026.55

Israel

1,626.27

5,501.73

'India bought Russian oil, because we wanted somebody to buy...': US Ambassador Eric Garcetti

Europe bought Russian oil via India at record rates in 2023 despite Ukraine war'

> > India isn't a big player on the high table yet. Right now india is simply playing a geopolitical middle man for stabilising oil prices because the US wants it to. If India was acting alone, it would have been sanctioned left and right.