Forget Discounts – Russian Oil Is Now Selling at a Premium, Deputy PM Novak Says - The Moscow Times
(www.themoscowtimes.com)
from HowRu68@lemmy.world to world@lemmy.world on 26 Mar 20:39
https://lemmy.world/post/44791783
from HowRu68@lemmy.world to world@lemmy.world on 26 Mar 20:39
https://lemmy.world/post/44791783
Russian oil is now selling at either no discount or even a premium as governments scramble to replace energy supplies lost after the closure of the Strait of Hormuz, Deputy Prime Minister Alexander Novak said Thursday.
“Today, when there’s a deficit in the market, our oil and petroleum products are in high demand,” Novak told reporters, according to the Interfax news agency.
“We’ve moved from a discount to either no discount or, in some cases, even a partial premium,” he said.
Reuters estimates that Russia’s oil and gas revenues could jump by around 70% in April from March amid the rise in global prices, reaching their highest monthly level since October 2025.
mediabias credibility: HIGH
#world
threaded - newest
Yeah and again it’s Putin benefiting from Trump’s actions while they both sow chaos and destruction in the world to better themselves.
Futhermore, idk how how exactly Saudi’s MBS, Israeli Netanyahu are benefiting in ( an expansion of) the Iranwar, except they all tend to share the same authoritarian values and ofcourse their notorious connections via or in the Epstein Files. Also what’s the connection between Iran and the war in Sudan?
Mission Accomplished!
Agent Krasnov coming up trumps again!
We are somehow funding both sides of the war. Good job conservatives and Neo-Liberals. You’ve created an infinite loop of profits. Just costed our pride, environment, economy, and what little respect we had left.