Many people are wondering how in the world Russia still survives the harsh sanctions imposed on its energy sector by NATO members. The answer is very simple: If Europe doesn’t want their oil , Africa will gladly buy it. Tunisia, Algeria, Egypt as well as many other African countries are cutting deals for regular flow of cheap oil from Russia. Until the infrastructure will be set in place, Russia skillfully crafted a deal with Saudi Arabia: we will sell you oil related products such as gasoline and diesel at a very cheap price and that will allow you to use your oil to be sold to Europe at a very high price. It’s a win-win! This explains the armada of Russian tankers towards the Saudi and Emirati sea ports. (The UAE is storing part of these products for the Saudis at their Fujairah port.)
This is, my friends, how Europe ends up paying more for oil while making both Russia and Saudi Arabia richer! Amir Tsarfati
This is, my friends, how Europe ends up paying more for oil while making both Russia and Saudi Arabia richer! Amir Tsarfati
Many people are wondering how in the world Russia still survives the harsh sanctions imposed on its energy sector by NATO members. The answer is very simple: If Europe doesn’t want their oil , Africa will gladly buy it. Tunisia, Algeria, Egypt as well as many other African countries are cutting deals for regular flow of cheap oil from Russia. Until the infrastructure will be set in place, Russia skillfully crafted a deal with Saudi Arabia: we will sell you oil related products such as gasoline and diesel at a very cheap price and that will allow you to use your oil to be sold to Europe at a very high price. It’s a win-win! This explains the armada of Russian tankers towards the Saudi and Emirati sea ports. (The UAE is storing part of these products for the Saudis at their Fujairah port.)
This is, my friends, how Europe ends up paying more for oil while making both Russia and Saudi Arabia richer! Amir Tsarfati