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manicdem

(388 posts)

5. Oil prices make it worse

Reply to yaesu (Original post)

Mon Jun 20, 2022, 09:43 AM

Jun 2022

The high oil prices are funding Russia's economy even though China gets a discount on oil. Russia's still hurting from sanctions, but they can survive with China and India's help.

The other problem is Chinas world influence is greater since Russia is indebted to them.

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Last month, China imported more Russian crude oil than ever before [View all] yaesu Jun 2022 OP

Exactly, a major factor. 2naSalit Jun 2022 #1

I had posted about India doing the same last month BumRushDaShow Jun 2022 #2

Yeah as if Walmart is the only place selling China junk jimfields33 Jun 2022 #3

That's capitalism. David__77 Jun 2022 #4

Oil prices make it worse manicdem Jun 2022 #5

Sanctions were supposed to stop Putin. Lonestarblue Jun 2022 #6

isn't the small discount on an already heavily inflated price because of putin's illegal invasion? samsingh Jun 2022 #7

Meanwhile, In Europe Colbert Jun 2022 #8