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- เผยแพร่เมื่อ 18 ก.พ. 2024
- Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last year, according to new analysis, which concludes that some of the crude was refined by India and then exported to the United States as oil products worth more than $1 billion. #CNN #News
India buying crude oil from Russia is a problem but Germany buying gas from Russia is not a problem.
germany has ceased buying gas via pipeline from russia August 2022 and it was quite an effort -
Liquid gas is still being imported. But the biggest European importers of russian liqid gas are Spain and Belgium by far.
@@DENDROID2And from there it is distributed to Germany and Europe for the triple price as before thank´s to your foolish sanktions. Hypocracy and pride comes before the fall goes an old German saying. And it turned out to be the truth once again. Greetings from Germany.
@@user-zu1cg1fy8tmy foolish sanctions? I am not in that position. I am just observing.
But it was foolish indeed to believe in the friendlyness of a government run by an Ex-KGB man who has proven his corruption and ruthlessness before he became head of state. Even the invasion of 2014 was not deemed warning enough to find alternatives... cheap gas for competitive export oriented economy and the perspective of becoming independent from american dominance was too much of a temptation and defeated sober judgement.
The second invasion was virtually a stab in the back for german long term planning and plotting and left not much choice but to comply to american supremacy... you can actually see how desperate efforts are being made to get out of that dependency - (for example: accelerated transformation to renewables has strategic value... its not just climate... its getting out of the $ based oil market, without depending on russia. It would have been a lot easier with russia as partner... well... either Putin could not hold his pee any longer or he just is not as good in math as almost everybody thought him to be... including myself)
China is buying more Russian oil than India but CNN will never show you.
@@user-zu1cg1fy8tSame happened with our neighbouring country. Banned Indian Trade. Now they're buying Indian products from Dubai for 3x the price. Genius
India buying from Russia = 😡
US/EU buying from India =👌🏻
I think you meant us/eu buying from russia first
@@baldeagle6531 directly and indirectly
3/5th of *purchased oil* from India is Non-Russian origin, and EU is 4th largest buyer of Russian fossil just behind India
We are suckers especially to those two "allies" of ours in the mid-east.
India buys oil for 40% cheaper compared to 3-4 years ago 👌So bottomline russian earns less
India isn’t a subservient nation to US interests. They have shared goals with the US but they have longer standing relations with Russia and there is zero reason for them to jeopardize that.
Rightly said
US is a known back stabber from long time India knows that very well. In 1971 war when Us ships tried to encircle in the bay of Bengal Russian nuclear subs came in for India's rescue. West traditionally supports Pakistan. Strategic partner is mere transactional nothing beyond that....
Shashi Tharoor once said, the British made the Indians pay for their own oppression during its colonization of India. What goes around comes around. Europe is fuelling the Russian war industry by buying refined crude from India
it's not about being a subservient nation to US interests but stopping this war and humanity
@@nihilusedit1447the USA and their puppet, Zelensky insists to have it on forever aka untill Russia is defeated.
The EU/US were like "India you buy tonnes of oil from Russia, we'll buy it from you so the media can blame you"
you let ppl know you're not an American when you say "tonnes."
@@ohioagainsttheworld676 which ppl besides the Americans?
@@ohioagainsttheworld676Americans are not the only people allowed to comment on TH-cam. 🤡
The people who discovered zero because they want something for nothing 😂😂
@@ohioagainsttheworld676What difference would it make if he was American?
You guys just said Russian economy was suffering….now it has more money than ever?!😂
Their grocery stores are full! Watch “traveling with Russel”.
It has not. The report is referring to the state's budget. The budget is bigger than ever, because Russia is pulling the money out of its companies and private households, which it has to do to finance the military expenses. The economy is actually suffering terribly and Russia is significantly poorer than before.
@@frederikzinn6568hey from Russia. I dont see how our economy is poorer than ever
@@user-ho6ng1gw4x You say, you do not see it. What do you think it would look like? 🤔
Average profit of Russian companies is down 10%, inflation is high, the economy ex military expenses is shrinking, a huge amount of skilled workforce has fled the country, thousands who could have been productive have been killed, the list goes on, but I think that is enough.
You might not see the effects of this yet and maybe you never will. That does not mean they are not there and do not have a huge impact. Maybe it ends with a Russia in the 90s scenario, maybe it does not. However, it definetly has cost Russia its future. Without huge support from outside, be that the EU, USA or China, Russia is not going to do well.
@@frederikzinn6568 okay, you must be working with CIA or Russian government, if you know that much (kidding). Or you just pretend to ignore your country’s (whatever it is) own domestic problems, by overestimating our inner issues. We will get through them, as our ancestors always did, and I wish you the same
India refines this oil and ships it to Europe! So ultimately, it's Europe which is fueling this war and they are doing it knowingly!
Yes they do but they do it to serve their own nations and people! They take steps to limit and ensure after a debate and public outcry! As any other Democracy nation, things doesn't work as suppose to be unless the public scream high and loud!
Just a little bit, you cannot escape having oil even from Iran or Venezuela because markets work that way.
Your forgetting that Europe is one that also buying all the Russian parts from Russia. That why Russian soldiers military equipment don't work. Their Russian military vehicle are missing parts and are filled with water instead of fuel.
Some how even Russian 155 mm ammunition has ended up in Ukrainian military. Someone in Russian military was selling it on the "Black Market". Funded by the CIA.
India gets the profit from it, not Russia. lol
China/India buying from Russia and then US/EU buying from China/India is classic Adam Smith.
China wasn't mentioned but still is LOL The ultimate scapegoat indeed.
its the invisible hand lol
Classic!
Haven't heard that dudes name in a long time.
@@MrBearcatjew Yes, that phrase finally makes sense :-D
Europe sanctioned Russia just to buy Russian oil at higher rate through middle man 😂😂😂
That what drugs do to brain.. these western chaps are idiotically hilarious 😂
What will happen if India or no country buys Russian oil? The price of crude is going to sky rocket. No country/society will be able to handle the price hike..
Well 30 years ago Chinese government time will come to export all those bicycles to west ....
But do you know what is the fcked up I m from west ....I have to watch how our idiotic government is destroying us .....
So if India doing trade with Russia 'funds' the war isn't India also 'funding' the war because of its trade with Ukraine ??? It's damned if you do, damned if you don't.
India has no other choice than to buy russian cheap oil
@@neogivxapwntcpaa and Russia has no other chance than selling it to India. LOL.
and you American taxpayers are paying further for expensive Russian "sanctioned" oil because of sleepy Joe. Let's have more "UNPRECEDENTED SANCTIONS" and other propaganda shit!
@@BipinBabu101what about china? and dont forget, europe is still buying russian gas
@t more then half of the world is buying from Russia not just oil even western nations. Only reasons is that western media only targets and shows nations like China and India and their purchases has they are big nations with very big demand even bigger reason they are European nations. The non-western world did not even bother to follow western restrictions on Russia and continued to trade. It's really sad to see that a lot westerners live under a rock due to their media and social media platforms not showing them the reality and over estimation or under estimating numbers on purpose
This is karma for US having taking Pakistans side when it came to India. Russia always supported India.
L'inde est tenu parcdes nazis hindous 🤢
that's total BS.
USA has never taken side with pakistan against india.
And even if they were, india is funding putin not because of USA.
India just does not care about hundreds of thousands dying, they just buy what's cheaper.
@@paleface953 cry war criminal
@@SNNS-nq5zg cartel member crying
You are Malaysian.
you have used a wrong map and showed some part of India as Pak and china...would you show parts of Ukraine as part of Russia as well
Southern Tibet belongs to China. We will not recognize the border drawn by the British.
Crimea is Russian and so are the 4 Oblasts under occupation
The UK also uses a "refinery loophole" where Russian oil is refined in a third country like lndia and is then legal for UK to buy
EU countries are still buying russian gas via pipelines through Ukraine.
I feel sory for all the civilians and soldiers who get crippled or killed in this war :(
@@slippingsnake would that be the line that was heavily covered in the media after it was sabotaged.
If you want to talk like you know what you are talking about, then give details. You bots and your poor English skills lead to many empty comments.
Sanctions are trying to cut oil revenue. Not oil production.
Russia sells to India at a discount. Less profit.
Russia has to self-insure their boats. Less profit.
India refines the crude instead of Russia. Less profit.
The West wants to reduce oil profits, but they want to keep the supplies on the market.
@@burns281981 man, you are not the brigthest bulb in the shop..
"... the line that ... was sabotaged"
That was Northstream2 through the North-Sea (not Ukraine); it was prepared and filled but not opened, unlike Northstream1 (also North-Sea, not Ukraine) wich still operates.
The piplines through Ukraine are part of the Transgas Network from USSR times and tansport russian Gas to middle european countries.
Ukraine keeps the Pipelines open for their western Supportes and get paid by Russia to do so.
It works fine like this for over 30years, the mistake is that Putin started a War killling 100.000s for his imperial Ambitions.
@@burns281981there are many other pipelines. Some of them run through Ukraine. They were never cut off as EU needs Russian gas.
Dont forget how nixon / kissinger threatened this strategic ally with the 7th fleet in the 70s.
Speaking of nixon and kiss'ass'inger. Why is nobody blaming that two for sold in the '70s the whole US's economy to China and Saudi Arabia?
They were obligated to do so under the SEATO treaty. Anyone who looks into history from USSR times is going to make a huge mistake. The world then and the world today are different. India is foolish to be allying with Russia.
@@ppen8359 Yes but Indians remember their history even if you'd like to brush it under the carpet. Russia also refused to sanction India when we became a nuclear state, and so did France. It's only natural that we will trust them more than we trust the US or the UK.
@@ppen8359US contributed to Bangladesh genocide of millions of Hindus by providing weapons to terrorist Pakistan. It doesn’t look very flattering for west when the condone genocide.
And giving F16 fighter aircrafts to Pakistan in 80s trashing all objections from India. Where was the security interest of this strategic partner then? Even two years back US gave several hundred million USD and technology to Pakistan to upgrade the F16s. Against whom will Pakistan use these F16s, China or Afganistan? Indians are not that naive. The process of friendship between US and India has started in last twenty years and will definitely firm up in future, of course needless to say that US policy makers must be concerned about India's strategic interest. What conclusion can Indians draw from Biden's cancellation of India visit on India's Republic day celebration in last January'24 on Mr. Pannun's issue , who is a Khalistani separatist plotting to create a sovereign country of Khalistan curving out Indian states of Punjab and Haryana and who is safely staying in California vandalizing Indian consulate there?
As a trucker, I’ve been saying this the entire time. I saw my monthly fuel average jump from 5k a month to 10k a month average when the sanctions went in
31 Mar 2022 - “As a result of these unprecedented sanctions, the ruble almost is immediately reduced to rubble,” President Joe Biden.
@@kengsenchong4010 if immediately ment a couple of years...
Not only India but Saudi Arabia has been doing it. They use Russian oil for consumption, while they export their own oil.
and you American taxpayers are paying further for expensive Russian "sanctioned" oil because of sleepy Joe. Let's have more "UNPRECEDENTED SANCTIONS" and other propaganda shit!
Good luck working hard for the American oligarchs!
US calls India a strategic partner, also US
- Arms and funds Pakistan
- Supports Canada on the Khalistan issue with India
- Supports China by NOT shifting American businesses to India
In my view, our worst enemy is US not Pakistan
‘Supports China by NOT shifting American businesses to India’ Why should they? Businesses are not government enterprise
Lol ignore is last pooint that was fuc#ing stupid companies will come if they see potential and they are slowly entering indian market anyway @@zackwang9314
@@zackwang9314 Oil was also bought by Indian companies not goverment.
@@zackwang9314 Then why us is against china but everything Americans use is made in china
Us is no ally
@@shubhamsingh6774welp😂
A strategic partner is not an ally. China was a strategic partner against the Soviet Union. India is a strategic partner against China.
Plus ally doesn't mean much. The US decimated Japan's economy with the Plaza Accord even though it was an ally.
The US plan was to force China to join the sanctions against Russia. Few expected that China would do the opposite.
You could also say ally means nothing if dRumpf threatens to not adhere to article 5 of NATO@@antihypocrisy8978
@@antihypocrisy8978 Why decimated jaapan's economy?
India is USSR's good friend when US allied with China to contain USSR. Pakistan owns F-16 but India just wants to purchase now.
There is no denying that energy prices would be higher (may be significantly) if countries like India and China stopped buying Russian oil. Is the West okay with that?
Also, some European countries still buy Russian oil and gas.
25% of US uranium needs are met from Russia (used for powering nuclear reactors).
Russia is a major exporter of oil & gas and it is simply impossible to shut them out of the global supply chain.
What do you mean by 'west'? The shareholders of oil companies do want oil prices and, profits, to go up. I suspect that includes a lot of politicians.
and you American taxpayers are paying further for expensive Russian "sanctioned" oil because of sleepy Joe. Let's have more "UNPRECEDENTED SANCTIONS" and other propaganda shit!
@@tenton459 The west is run by corporations and has been since the Age of Exploration.
the West doesn't want to stop the oil flowing. It wants to make it less profitable for Russia, and it's succeeding here.
@@tenton459 WHY STOP AT OIL & GAS. US buys Uranium from russia, why dont you comment on that.
India is not here to make others rich. We want a simple life - we dont want this war.
Capitalism at its finest - India
Despises capitalism, as he texts from his innovative smart phone. 😂🤣
Oh not at all, I embrace it, as you rightly pointed out. Laptop actually.@@darrellvalentine7316
@@darrellvalentine7316He's not despising Capitalism at all. You got it wrong!
@@darrellvalentine7316are you autistic ? Or having difficulty understanding your own language?
I’m confused one minute they’re hungry and suffering. The next minute they are richer than ever before smh…
What do expect from Western media 🥹
The US is not exactly in a moral position to criticize any other country on anything. Not after Gaza.
Not since Vietnam.
And Iraq.
@@antihypocrisy8978 Not since their foundation
@ShnNar1000x: That was equally true many decades before Gaza.
Gaza happened because Hamas, a fundamentalist organization.
I have watched videos wherein Indian foreign minister cleared the smoke and mentioned "What India buys in a quarter is what EU buys in an afternoon". I agree with India, it's hypocrisy to point at a nation which is starving for energy while EU who is directly impacted with this war and has energy security, still imports biggest amount of gas from Russia.
Whole Europe + America - Sanctions on Russia
India(alone) - Sanctions on my foot 😂
Thank India you keep your economy going. If India stops supplying refined oil, there will be anarchy in Europe. The US probably will be fine because they have their oil but Europe will be completely broken, already automobile companies and in general the European economy are falling in recession.
It’s honestly impossible to isolate Russia 🇷🇺 in the world. This is my view
It’s not beneficial for all except those countries it attacks military,economically or corrupt their governments
Not when India and China are their strategic partners !
|
It would have been possible 20 years ago not now with rise of China, India and the global south.
@@joekerr8037 Tell Europe to stop buying Russian gas first LOL
😂Is not a view is a fact
They’re not obligated to act just like you to be a partner. If you don’t like it end the partnership, so they can get with someone else.
This isn't a romantic relationship lol
What's funny is that most of the western nations are either reeling in recession or inflation. What's even more funny is their media don't seem to get the implications of a 3rd biggest buyer of crude oil boycotting Russian Oil. They don't understand simple economics of demand & supply & the consequences. If India hadn't purchased Russian oil, the per barrel price would have sky rocketed to $200 & the entire global economy would come tumbling down.
@@larrymunn5279 True, but it's a relationship none the less ;)
Well USA can't afford to lose india considering how India is projected to be third largest economy by 2028 and a respectable military power. India probably is USA's best bet in keeping china at bay.
Let me give you a complete picture:
Coal: China has imported 40% of all Russian coal exports since 5 December 2022. They are followed by India (20%) and South Korea (13%).
Crude oil: China is the largest buyer of Russian crude oil, purchasing 45%, followed by India (33%), the EU (7%) and Turkey (5%). Since the EU’s ban on crude oil from Russia on 5 December 2022, the EU’s imports of crude oil have arrived via sea to Bulgaria and via pipeline for the Czech Republic, Slovakia and Hungary.
LNG: The EU was the largest buyer, purchasing 49% of Russia’s LNG exports, followed by China (22%) and Japan (18%). No sanctions are imposed on Russian LNG shipments to the EU.
LPG: Turkey was the largest buyer, purchasing 55% of Russia’s LPG exports, followed by the EU (34%). The EU 12th sanctions package includes a prohibition on the import of Russian LPG, with a provision for grandfathering existing contracts for a maximum period of 12 months.
Oil products: Turkey, the largest buyer, has purchased 24% of Russia’s oil products, followed by China (12%) and Brazil (10%). While the EU’s sanctions on seaborne Russian oil products were implemented on 5 February 2023, oil via pipeline is only partially sanctioned.
Pipeline gas: The EU was the largest buyer, purchasing 37% of Russia’s pipeline gas, followed by Turkey (34%) and China (24%). No sanctions are imposed on Russian pipeline gas imports into the EU. Why because EU need time to find other sources and are gradually moving away from Russia.
India doesn't have money as much as EU has and wants to get some cheap oil, then its fair and square.
Some of EU members and Turkey are part of NATO while India is not.
Traditionally Russia helped India with weapons when it fought wars with Pakistan. Pakistan was armed by US and EU members. Not saying this is wrong but now asking India to abandon is not fair as well.
While Pakistan sent its terrorists in India, Ukraine was supplying arms, weapons and ammunitions to Pakistan and supported it.
Now supporting Ukraine is one thing but to go against Russia in supporting Ukraine doesn't make sense to India at all. If India would go against Russia now in the time of need, what kind of ally would that make us.
Pakistan attacked and occupied Kashmir while King of Kashmir signed accession with Indian government. Still India sought to resolve. the matter peacefully using UN. But what West did ? Nothing, India still doesn't have access to that part of its country (POK) and even faced cross border terrorism in India.
Note: US did help us against China in 1962 but very late. China still occupies a very big chunk of Indian territory. But US backstabbed us in 1971 and especially Kargil war again when Pakistani army disguised as terrorists, occupied crucial peaks in Indian territories. Its hard for India to trust US completely. I see a shift now but it will take time.
India and russia are friends for as long as human history goes. USA has made a mistake here . US should understand the Asian mindset where emotional bonds last forever
emotional bonds 😂
Only since the 1970s. I think the tsar and Raja had any formal diplomatic relations but correct me if I'm wrong.
@@joeyjojojrshabadoo7462 again you are thinking in term of Western mindset. Come back to East and then understand the meaning of friendship
India has every right to follow its own independent foreign policy and not bound by any western countries dictate against Russia as Indian interests comes First
Agreed. After all, if India abided by western dictates it would still be a UK colony.
Wait.... So you are telling me that Russia isn't inherently evil and is just doing business in their counties interest? But, but, news and people in the west tell me Russia is evil!
@@theotheleo6830we tried working with the west but they were mostly not very friendly and didn't see as us mutuals but rather former subjugates.
I thought Russia was out of money and weapons and their soldiers only had shovels......!?
Right? Looks like Russia is winning now.
Supersonic shovels...
the military superpower Russia will be able to defeat Ukraine 50 years from now. I heard that the Russians advanced 2 Km in the front line after another year
Because you have been fed nasty propaganda
The money is for the elite 2% are you that slow not to understand this by now
EU's import from Russia in 2023 worth 89 billions in doller.Why you are not saying it? Cry more for others😂
People don't understand, that it's almost impossible to blockade trade nowadays. Trade always finds a route. And from these sanctions EU is loosing the most. They still are buying resources from Russia, but now they just cost more due to more complicated routing and few transfer points. Big companies already started to relocate to USA. And it's a problem, especially for Germany.
India as a sovereign nation and democratic country has its right to do what is beneficial for the nation and its people.
Modi is just like Erdogan
@@BeantastropheI think modi is ur father, he knows the bra size of ur mom.
@@Beantastrophe Modi is true patriot of country and bringing major economic and social reforms.
Modi is a Putin wannabe, of course he’d do business with him.
Honestly America is delusional at this point in not understanding that its not 1995 anymore and they are not the sole power in the world. Should have made peace with the Russians when they had the upper hand.
America is helping the Russian economy get filthy rich lol this game is hilarious 😂😂
as a american usa government is betraying the nation russia is a common enemy of usa and i dislike their government in general
That is why they want trump to be president. He will help Russia as much as he can because he doesn't give a shit about poor Americans living in poverty. He only cares about who has the most money and power.
Exactly. It's smoke and mirrors
Hilarious, until it is not
Not funny when fuel go up every week
The Map of India shown in your graphics is not correct as entire Kashmir is an integral part of India
only in papers, in reality, most of it is under Chinese control
as an indian I feel cool and have goosebumbs
Total imports from Russia to EU is $ 84 billion
Total trade of Russia-India - $ 48 billion
Hypocrite EU & CNN
EU is largest importer of natural gas from Russia. Why don’t they sanction themselves first? 😅
And, to think, pre-Ukraine war, the trade between India and Russia was at $11 billion.😂
Perhaps the US should sanction EU as well.
We should cut trade with both Russia and India.
Its so simple tell your EU friends to stop buying. Lets see if they listen to you 😂😂😂😂😂
The sole reason they didn't outlaw Russian crude is because the EU needs it. If they didn't, they wouldn't allow any country to purchase it, no matter how much they needed it.
@@theotheleo6830 How can the EU stop non EU countries buying Russian crude oil? Please let me learn.
No need to eu is not friend it is a puppet. If usa told them they must obey.
@@momodoukebbeh By the use of sanctions, or make it illegal as they did with Iranian oil.
@@theotheleo6830Sanctions have to be enforced and those ships are own by Russia so EU can't enforce sanctions without waging war. Russian ships would still navigate the seas freely.
Yeah strategic partner when it suits the US.. India buy cheap oil for its people maybe the US should look after its people first rather than others
I get the feeling that Russia is ignoring the sanctions placed on them
Russia has pro-Putin oligarchs and anti-Putin oligarchs. The pro-Putin oligarchs knew Putin was going to invade before hand so they liquidated a lot of their money before hand. The anti-Putin oligarchs found that all of their assets were frozen. The Western oligarchs love Putin because they help transfer wealth from the working class to the owning class through military and energy spending.
You sanction Venezuela; you sanction Iran; you sanction Russia; then you expect India with a 1400 million population to not buy oil from Russia. While, the USA is getting richer and richer because it is self sufficient in oil. Such hypocrisy and arrogance.
India has been a big Russian supporter for years. The inference that India and the US are strategic partners is not at all true.
India and Russia have been friends for many years. The United States may ask India for friendship with Russia, maybe Moscow will agree.
Except they’re not buying Russian tanks anymore.
Yea, this is old news. India stop buy Russian oil after Russians refused to use Indian rupees. It is now Saudi Arabia and UAE that buys a lot of diesel and gasoline from Russia at a small discount, then sells their diesel and gasoline they produce at a premium.
US kept supporting with arms and grants, dictators in Pakistani, for over 50 years, who kept killing Indians daily. Why?
Sorry but India has stopped all purchase of Russian oil. It now focused on making sure it buy America weapons. You keep forgetting their is a massive Chinese army on the Indian border. Most of India's weapons are old Russian military equipment that India cannot be resupplied by Russian anymore.
When the biggest economy in the world USA can leave billions of weapons in Afghanistan because it doesn’t make sense financially to transport them back but India a developing country who’s economy is 1/10th the size of US is expected to not buy cheap oil to support US
At the recent Security Council meeting, India Foreign Minister was asked in front of Anthony Brinkin if it is OK for India to disregard the sanctions and import massive amount of oil from Russia. His answer was that India was simply being smart and should be congratulated. Blinken simply sat there with a smile.
India has 1.3 billion people and it has to feed them. They will do what is in their interests. Question is why US government is not doing the same for Americans?
BS
@@realnapster1522 Agreed that US should look after its own border first before worrying about Ukraine’s. On the other hand, what’s the point of having an ally, if he’s knowingly going against your foreign policy to line his own profit. To make matters worse, Russia is part owner of a large refinery in India that profits immensely. So the ‘ally’ is in fact helping your adversary.
@@gj8550 you say india is your ally and on other hand helps its enemy with weapons upgrade
@@tushar-lf8eu You have to wonder who your friends are.
So US is buying Russian crude oil😮
Yes. When they blame India for buy russian oil, the indians just show that they are intermediaries and the Main buyer of that oil was no other...THAN THE USA!!!
@@hernanreipp3321 🤣
Europe and US buying Russian oil wouldn't support Russian economy.......Great west logic😂😂😂😂
It's strange that Russia is richer than ever but is rapidly burning through it's reserve cash. The two don't mix.
You cant blame India for taking a much needed discount on fuel. They have 1.4 billion people and a GDP per capita of less than three thousand dollars. They have to take bargains when they can find them.
India has 1.3 billion people and it has to feed them. They will do what is in their interests. Question is why US government is not doing the same for Americans?
Fair question. I wish I knew!@@realnapster1522
There is no "discount", it's the Pre war/sanctions price.
India buys well *over* $60 price cap & sells *Refined* oil at $74 barrel
But u can blame usa for buying refinded indian oil from us
On a planet of oil addicts the dealers will always call the shots.
What’s the alternative?
Having your electric car addiction fed by China.
Do you know who supplies cobalt and lithium?
Do you know how destructive it is to mine those minerals?
Russia ain't the only dealer. And their costs went up bigly, the bando crawling with cops, most addicts embarrassed even if it wasn't and the addicts not embarrassed using all the above to lowball them bigly.
A situation CNN calls "booming" "richer than ever". Ok, sounds legit.
Russia ain't the only dealer. Their costs up bigly, the addicts embarrassed, and those who aren't, lowball them & soak up any profit left. Sonnenfeld says they're barely breaking even; far cry from "booming" "the richest ever".
@TaraReade64 Brazil is 83% renewable. And the. Salt. Battery. Is. Here. 🧂🔋🌎. After 150 years of corrupt supression.
@TaraReade64 Brazil at 83% renewable.
The. Salt. Battery. Is. Here. After only 150 years of corrupt supression.
I never knew CNN could cover how Biden is making Russia great again 😅😅
Compare how much gas and oil is buying europe and how much india then you will understand the different agendas.
India surely needs the oil
They buy arab oil
Not sure, because 3/5th is of Non-Russian origin
@@skp8748 Arab are buying Russia
India would be stupid not to get the best deal
@@stevewilson4718 2/5 is just below half
Interesting that the gas in your car is originally from Russia
If you think a few billion in gas is a big deal you've got no clue how much gas is used daily in America
If you think a few billion is small you need to get checked in a hospital @@nolongerblocked6210
Why US buying fertilizers? It's all American rich people game. They always benefits whatever the global situation is.
India has every right to buy whatever it needs for it's citizens welfare
The day I saw DJT and the Russians in the Oval Office, sending the US translator out of the room, I was convinced he was a traitor. I called him the Traitor in The White House ever since
Whattt?! That makes no sense.
@Rare.Plants.and.Pitbulls might not make sense, but that is what happened.
The translator was in the room however. Aside from Trump the only American present. His notes were confiscated after. Put the translator under oath. I'm not aware of anything like this ever happening before.
"Please tell Putin I'll have more flexibility after the election." Obama aka Putin's puppy
Did you draw a safe place? Maybe drew up a sign and marched for Facebook likes?
Cool story. Is this why you live in a refrigerator?
"Money is more important than country and human rights!"
Uncle Sam and Lady Liberty
Why do you think that human rights should trump money? America is a complex country that tries to balance many things. You need to stop taking variables and ranking them to make a point. In a dynamic system, you have to manage the variable that needs the most attention based on your objectives at the time.
@@ppen8359balancing in Vietnam, Iraq, Syria, Libya.. Accusing saddam, Asad, Gaddafi as dictators while having best relations with Saudis and emaraties... Thats a true balance...crying for human rights in Iran but keeping silent for Palestine... Elite balance...
@@ppen8359it balances in the worst possible ways. US’ entire legacy has been about invasion, intimidation and hegemonic control.
Im so glad that finally other powers are rising and now doing the ‘actual balancing’
Yep,,, without money there will be nothing
@@warriorzandfriendsThat is what freedom and Capitalism are all about.
😂what cnn doesn’t realise it that, if not for India… Europe would have had a nightmare for winter. What ever India buys from Russia is 90% sent to Europe after being refined. It’s simple demand and supply…
Avdika fell because Russia is beating nato and is winning the logistics war.
India is an ally of Russia whereas Pakistan is an ally of the USA especially after the recent USA inspired quasi coup in Pakistan.
Thats the reason.
Everything Trump says is straight out of the Putin playbook. It is getting to be predictable and nauseating.
You were well programmed.... Where did u study CNN or MSNBC master trump hate class
Nauseating is spot on… this excuse for manhood is embarrassing and dangerous in the extreme 😬
@@lascm5237 .. your just soft man up
@@mushy2bc482 yet another armchair warrior 🤡
Bit like CNN
that is why ukraine has started taking on oil related targets lately. if they could remove half of all production it would probably cripple Russia
"если бы..." у нас говорят: "Если бы у бабушки был хуй, она была бы дедушкой".
not cripple, half is still half, they could also probably makeup that half just from their reserves for at least a duration of an average war
Rightly so. If they can just stop the oil flowing, then there can’t be any refinement and shipment to these countries in the first place. Stopping the full ships at sea with the environmental damage possible is just too dangerous.
What Ukraine is doing is just tokenism they have no capacity to seriously affect Russian oil.
@@danielwhyatt3278in your dream by the way go fight CNN fake news remember wmds Iraq Syria lybia Yugoslavia 😂
The US still thinks everyone in the world gives a shit about its sanctions? 😂
Welcome to capitalism yankees
India has every right to defend its interests 🇮🇳..
Traitors
@@dantheman6607 protecting your own interest is crime ...then USA is biggest criminal.
@@dantheman6607 yes the europeans are
Don't tell hindus what to do @@dantheman6607
@@dantheman6607🤡you must be delusional Europeans buy oil from Russia why can’t Indians
Usa should give 100 billion dollar money to india free we will not purchase russian oil ok
India is no longer buying Russian oil this report is about 3 month old.
But india don't want your charity 💩 okay
If you don't want oil from india then don't complain when Your inflation reaches all time high 😂
Well if India won't buy this Russian crude, Chinese will buy it for their energy needs and making refined products that would still end up in US and EU.
China lacks quality oil refinery technology. India dominates the oil refinery world.
Why do we need 3 jews including the announcer, to tell us what’s going on in a 5 mins video??
Israel
The statement "Russia is richer than ever before" based on the size of the national budget is very, very bad economic journalism.
Sly Journalism would be the better way of putting it. I mean reason india is buying more is because its cheaper as the west arent buying directly from russia anymore and russia needs people to buy it. So this doesn’t exactly mean russia is making more money at all.
Instead they are SPENDING more money on their military than before. And the fact cnn are there in boats means the west and the whole world already know this is taking place. Its likely a report thats intended to ramp up the russian threat as republican voters are softening to the idea of russia being an adversary. Republicans may also be responding to trumps comments on nato too by making a big fuss over the russia nuclear space program.
Also, India buying for 37 bn. USD might not be enough to compensate the more than 70 bn. USD of oil trade Russia had with the EU before the war.
Its the same old story we had with GDP. "Ooh, Russia's GDP is growing, that must mean sanctions dont work and Russia is doing well", nope. That was driven by the huge increase in military spending, which is hurting Russia mid- and long-term.
@@frederikzinn6568 and that they were and still are keeping the value of the ruble up by forcing various asset sales to go straight to the countries budget and implementing various currency controls. As well as isolating the currency as well (regarding imports)
I personally think the counter offensive by ukraine was silly. If they had just held their territory and defended they may have stood a better chance regarding this situation. The idea is to keep russia in a war economy until it cant anymore. If there was a time for the US to give ukraine aid, now is the time as russia has ramped up its spending even further
@@TheArsenalgunner28 I totally agree with almost everything. I slightly disagree with the counter offensive, though. I do not think it was silly. I am sure they had very good reason to do so.
We are also not able to say, whether it has been a success, failed or something in between. To be able to judge, we would need to know what the goal has been.
If the goal was to draw Russia's attention away from the sea warfare and to defeat the Russian fleet and break the blockade of the Black Sea, then it had been a great success. Now, Ukraine's grain export via the Black Sea is as high as it has been before the blockade 👍
@@frederikzinn6568 i wasnt aware of that. Well despite that, the shortcomings of the ground offensive lead to to negative reports of ukraines tactics, as well as reports of corruption where some military assets weren’t ending up the hands of the actual ukranian military (or at least, the right wing conspirators were saying)
I think all of that may have lead to enough doubt being casted by various members of the US government that they wont back another aid bill. It may well explain zelensky replacing a lot of his top commanders and cheifs lately, in an attempt to dispel those reports.
However, pulling aid from Ukraine only leaves the country more exposed and thus more US assets at risk. I mean the patriot system is still in kyiv and i certainly would think its within US interests to keep those systems out of russian hands. Its not like ukraine will give it back.
No doubt Russia has been doing whatever they can to skirt sanctions, but there is no way that this is more profitable than shipping crude through already established pipelines.
Higher revenue does not equal higher profits.
yup, this report seems questionable, it doesn't even mention china wich is now the by far the biggest trading Partner of Russia for Im- and Export.
Russia economicly is on the Mercy of Xi anf this raises concerns for the upcoming Taiwan conflict :(
At least they still have an incoming cash flow, though their profit margins are smaller now.
I think u forgot that oil prices are still up! So yes more profits
@@gugulethuzangwa8358 No, this isn't correct for many reasons:
1. The price of crude oil today is actually lower than at the beginning of the war.
2. Russia sells those product with a huge discount (in the USD 20 range). They have to.
3. Shipping it instead of using pipeline adds huge costs.
4. Shipping it adds weeks of delay in payment.
To sum it up: they are making nowhere near as much profits, as before the war. This video is pure poppycock, a disgrace to real journalism.
And even the revenue is lower, so this video is nonsense.
Well done, India. Cheap oil good for your economy.
Smart Russians 😂😂😂
Y'all need to mind your own business 😂😂😂😂😂
At this point i believe US is obsessed with Russia 😂
So if I understand this correctly, The USA imports a lot of oil from India which originates from Russia? Is that what they're saying?
Thank God you finally understood 🤣
@@Starlink502 finally? Have we met before?
They forget gas to europe and if India dosent buy then oil prices will skyrocket if the only source remaning is arab countries
Yes but cheap so its good for the US
@@somozasi Where'd you get that from? It should be a lot more expensive seeing as it needs to travel 10000's of kilometres extra. Plus, what they buy from India benefits Russia which means more spending on weapons for Ukraine. So it's only a win for Russia.
Buying refined Russian oil from India is an improvement, since the oil in its refined state is worth more than it is as crude.
Thus some of the oil revenue that would've accrued to Russia has instead been diverted to India - Russia thereby has less revenue than it would have done otherwise
But it greatly weakens the west because the energy prices are now multiplied and their heavy industry is really struggling, this at a time when they are trying to re arm to keep the ukraine war going.
Has it been thou? Russians sell it for the same price they would sell it to you, all you end up doing is pay more for shipping it all around the world.
@@fulconandroadcone9488 Nope. Crude oil is worth less than oil that has been refined. If you have to refine the oil you have to take it to be heated to 800+ degrees Celsius and undergo fractional distillation at an oil refinery. That obviously costs money so it's only natural that oil that hasn't gone through this this costly process is less valuable than oil that has been and has been turned into usable oil products
@@ThePurplePassage You missed my point by so much might have hit something else here.
My point is do Indian refinery pay that much less then US and EU ones? Or could US and EU ones pay the same price India pays, get those profits, reduce emissions by not shipping it back and forth and then use the difference to support Ukraine?
@@fulconandroadcone9488 apologies, it wasn't obvious to me from your first post that you were referring to my second paragraph rather than just the principle of crude being less valuable than refined oil.
The answer from me is going to have to be: I'm not sure, but possibly.
Due to the sanctions there will be fewer willing buyers of Russian crude oil, therefore they in principle should have more buying power (since there are fewer rivals to outbid if they offer to pay less) therefore *in principle* the Indians may be able to extract a discount and would have a self-interest in doing so.
At least in principle anyway applying a general economic principle of the effect of market concentration on prices. I don't know for certain there aren't other countervailing factors at play, but I think what I state makes sense. Sorry to be so vague and for my initial misunderstanding
And just like that, MSM is now saying Russia is richer than ever....
Wish you guys would get on same page, some channels are saying Russia is Rich, some say Broke? So, which is it?
They are rich that is why they haven't lost yet, they are poor that is why they haven't won yet.
West is sending old equipment, that is why it is not performing as good, theirs is bad because it is old and not up to west standard.
Our farmers are protesting due to shear difficulty of making food in EU, theirs store shelf are empty.
They are on the same page, you just have to pick which side of the page.
Do not poke a nuclear armed bear that sits on huge amounts of oil, gas, minerals, diamonds, gold, uranium, and ores.
Cheers, Ivan
cry orc 14% inflation ruble dropped what 40% in 2 years? enjoying all that 'winning' I bet!
or what?? what will the russians do?
India is a pathetic excuse for a country. I have no respect for India !
@@wlhjr77 Ask the few Ukrainians survivors who just 'retreated' frpm Avdivka. Did you see the video of them dropping their weapons, leaving their tanks and running like rabbits?
How about funding the US instead!
I'm genuinely curious to know which is more difficult, stopping the blackmarket organizations from trading in drugs, or stopping countries from trading sanctioned goods
Only one thing in the world talks louder than human rights, ethics and moral principles: $
West talking about human rights.
Exactly no one is more hipocritical than the west in this subjects - they talk about high ground morals but at the endod the day the mighty dollar is the only religio...@@Afta437
@@Afta437 talking about lgbtqasdklfjag+ is not human rights. It's just degeneration in general. Nothing against these guys but don't shove it into our throats.
You forgot Religion. Which is still just Politics and $$ too
@@WindFireAllThatKindOfThing that's right
This is whole report is just wrong. Russia's current growth comes from their MASSIVE military spending, NOT the fossil fuel business. Income from selling fossil fuels is DECREASING in Russia since it has to sell its products to China and India at a discount and with higher logistical costs. How can CNN fail to mention these important details?
And all those ships and planes are running on solar panels😅
"growth" doesn't come from spending. You're ridiculous...
Correct. Military spending can boost GDP in short term. But question is what is long term cost to Russia due to this? Will they go bankrupt like Soviets did?
@@user-sf9xk3uk1bit does. When arms are made in the country.
@@realnapster1522 Russia out sources it work. And selling their oil too a discount to India. Indians are laughing. Russia is not a technological advanced country......
So, like China, the "side" India is on isn't the NATO-Ukraine side, nor the Russia side, it is on the money side.
Moral of the story: Stop lecturing India😂
What most people don't realize is that India buying Russian oil has helped the rest of the world in two ways. One, it brought the price of oil down because it freed up supply from the other oil exporting nations. Two, it provided Europe and others with refined petroleum products, again keeping the price down. Inflation around the world would have skyrocketed, had it not been for India's help. Leadership in all major capitals know this but play to the public with misdirectional rhetoric. If interested, look up an article in Nikkei Asia called, "How India's Modi helped save the West by buying Russian oil."
It's sickening that many on the right in America living in freedom refuse to help a country that is fighting for their freedom. They would even risk losing their own freedom for one man. This isn't the country that it once was.
You are wrong, go back in time to the eve of WWII, and you will find out that USA was same ignorant to fascist danger then today. There were even some strong fascist groups in US, if Hitler would not declare war to US who knows how it would end up.
Why would we help a Neo-nazi country ?
We want to help Ukraine...we just tie closing the border as a precondition. So it is the Biden Administration that is putting up interference to the deal going through. Get it right.
Yes. Because Russia is not the enemy of US. US enemy is military industrial complex and politicians like Biden.
The Republican party is being run by the KKK, Alt Right Fascists and right wing conspiracy nuts.
Us can never say no to cheat oil 😂😂😂😂
Why doesn't US sell its Texas crude to Europe, then? Why buy from India? India didn't force you to.
America's war is not India's war.
The GOP is directly responsible for the deaths of brave Ukrainian fighters who are fighting for the freedoms which Americans take for granted. I'm sorry to generalize, but those who support Ukraine should step up and take responsibility.
They don't know that. And they never will.
In other news india and saudis continue to buy and sell Russian oil.
They're serving their own best interest, not US people nor Humanity! The ship sailed longtime ago for GOP, they sold their souls for a traitor, and possibly just a KGB agent. Look at tRump relations with his 1st wife visit to Moscow, it seems the anchors been set longtime ago! When tRump meet Putin, he is like a puppy!
yup, they are too much, using lives to play politics. Blood is in the hands of the GOP
And thank Obama and vp Joe for doing absolutely nothing when Crimea was annexed, granting Russia a foothold in the Ukrainian oblast 😂😂😂
I doubted India‘s potential to become a superpower before, but not any more. They aren’t dump like us in Germany to reject cheap energy and instead go for more expensive choices 😅
lmao india should buy more oil from russia hell yeah go india go
If India doesn't buy oil. Global crude would have touched 150-200$ per barrel. The cars in west are running because of India. Thank India.
Western hypocrisy
Take this news with a grain of salt. It’s CNN.
But when they say that "Ukraine is winning" you eat it right up right? Lmao.
You simply don't like this because it's painting Russia in a positive light.
No, he is simply saying that CNN is so full of sh*t ... @@diasflac0g
@@diasflac0gno but because they're blaming countries that cannot counter American propaganda, why are they not blaming europe for buying russian oil?
I personally prefer CNN than a fake biased Fox news.
😃😃😂😂😂😂😃Thats very funny america and Urope buying russian oil from india and telling india not to buy it .
a friend in need, a friend indeed 😇
My next car will be electric.
Молодец! Если что, уран для атомных станций тоже поставляет Россия
Not Tesla I hope….
And you will buy batteries from China 😅
Your next car will be charged by electricity that is generated by power plants burning fossil fuels. Congratulations on your virtue signaling!
@Mrpetermc199 Uranium from Russia and batteries from China
Gladly so because eu bought from india knowing its russia oil
Yes 2/5th of it, is of Russian origin
i've never been so happy
From where will india buy oil ? Every resource is almost santioned …may there be peace soon