Russia - Turkey & India Stop Buying Russian Oil as USA Increases Crackdown on Sanctions - Joe Blogs

[TexasTowelie]

Following the invasion of Ukraine Russia replaced lost oil sales with increased sales to both INDIA & Turkey. By May 2023 India was buying over 2.2 MILLION Barrels Per Day which made it Russia's largest buyer and meant India was purchasing half of Russia's exports. In addition to this Turkey has taken a deliberately NEUTRAL stance over Russia's invasion of Ukraine and has significantly increased the amount of trade it is doing with Russia. However over the past few months the USA has ramped up the POLICING of the sanctions against Russia and this has now resulted in a FALL in the level of trade that both Turkey and India are doing with Russia. In this video I provide more details of the current situation, discuss the problems that Russia is now facing and the impact on the Russian Economy.

Chapters:
0:00 Intro
2:55 TURKEY
4:31 DORTYOL PORT
8:57 TURKISH SANCTIONS
13:25 RUSSIAN OIL
17:12 RUSSIAN TAXES
20:15 SUMMARY & CONCLUSION

[Lovie777]

1. Seems like the USA have lots of oil...............................

[Irish_Dem]

2. That is going to hurt Russia.

But I suppose China will just buy more Russian oil.