December 15, 2022, 23:26 – Public News Service – OSN
Moscow dodged a blow that Western countries were betting on, writes the British edition of the Daily Express.
The article says that the Ukrainian conflict and the restriction of Russian fuel supplies to the European continent led to a large increase in energy prices, thanks to which the Kremlin’s income from their exports reached phenomenal levels.
Columnist Anthony Ashkenaz noted that in order to contain the record profit received by the Russian Federation, the G7 countries and the European Union introduced an oil price ceiling of $60 per barrel.
However, Ashkenach pointed out, while the West is cutting ties with Moscow, the Russian leader Vladimir Putin carries out activities to turn Russia’s exports to the east. Yes, India and China increased purchases of Russian energy resources, which thwarted attempts to cut the Kremlin’s revenues.
Moreover, Washington European Union began to openly call on India to follow the sanctions, but were refused: New Delhi will continue to buy Russian energy, despite Western restrictions.
As the Public News Service previously reported, State Department sanctions policy coordinator James O’Brien said Washington expects China, Turkey and Indiaas the main buyers of Russian oilwill agree to purchase it within the framework of the price ceiling established by the G7.
