...and yet Putin doesn't like the gas deal with Xi. Go figure.

♲ Hanse Mina - 2024-06-04 04:11:39 GMT

#Russia uses a "chain of intermediaries" to achieve the #G7 $60 oil price cap. The so-called first sale occurs when oil is loaded onto a tanker at a price below $60 per barrel to have insurance and documents.On the way to buyers in #India, the tanker's contents increase in price because the oil is resold from one intermediary company to another. As a result, the crude will cost approximately $75-$78 per barrel by the time it reaches the destination.

https://english.nv.ua/business/hundreds-of-russian-oil-tankers-easily-bypass-western-restrictions-50424202.html

#Ukraine