Saudi Arabia becomes top buyer of Russian fuel oil despite looming Trump tariffs on Moscow

[anatta]

Sanctions are mindless / Secondary sanctions are willfully stupid. Trump jerking around Putin isn't changing the war, just mucking up
Everything Trump is now doing in the war is bad. from escalation to needlessly interfering in oil purchases

Saudi Arabia becomes top buyer of Russian fuel oil despite looming Trump tariffs on Moscow

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the kingdom to export more of its crude oil at higher prices.

www.foxbusiness.com

Riyadh has frequently turned to Russia when it needs to supplement internal demand for oil-based needs, and has continued to import more from Moscow than Washington, though this partnership could shift if President Donald Trump’s secondary 100% tariffs come into effect come September if Russian President Vladimir Putin does not enter into a peace agreement with Ukraine.

The other top importers of Russian oil last month were Senegal in West Africa, Singapore in Southeast Asia and China, which has remained a top importer of Russian oil since its 2022 invasion of Ukraine.
Saudi Arabia, despite its high export volume, has for years imported fuel oil from Russia to reduce the amount of crude oil it has to refine for fuel, which allows Riyadh to continue to export more crude oil at higher prices.

 

[BitterPill]

Sanctions are mindless / Secondary sanctions are willfully stupid. Trump jerking around Putin isn't changing the war, just mucking up
Everything Trump is now doing in the war is bad. from escalation to needlessly interfering in oil purchases

Saudi Arabia becomes top buyer of Russian fuel oil despite looming Trump tariffs on Moscow

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the kingdom to export more of its crude oil at higher prices.

www.foxbusiness.com

Riyadh has frequently turned to Russia when it needs to supplement internal demand for oil-based needs, and has continued to import more from Moscow than Washington, though this partnership could shift if President Donald Trump’s secondary 100% tariffs come into effect come September if Russian President Vladimir Putin does not enter into a peace agreement with Ukraine.

The other top importers of Russian oil last month were Senegal in West Africa, Singapore in Southeast Asia and China, which has remained a top importer of Russian oil since its 2022 invasion of Ukraine.
Saudi Arabia, despite its high export volume, has for years imported fuel oil from Russia to reduce the amount of crude oil it has to refine for fuel, which allows Riyadh to continue to export more crude oil at higher prices.

Saudi Arabia is a genuine friend of Trump and so America, even gave His son-in-law two billion, yet Trump and Arabia don't go hand-in-hand like a former disgraceful RINO president because Trump is a real man and not gay like Obama/Michelle.

MAGA.

 

[Pyrite]

Saudi Arabia is a genuine friend of Trump and so America, even gave His son-in-law two billion, yet Trump and Arabia don't go hand-in-hand like a former disgraceful RINO president because Trump is a real man and not gay like Obama/Michelle.

MAGA.

I had forgotten about that 2 billion from Saudi Arabia's sovereign wealth fund (Public Investment Fund) MBS insisted on giving to trump's son-in-law, despite the thumbs'-down review given to the investment by the review board.

 

[Juin]

Sanctions are mindless / Secondary sanctions are willfully stupid. Trump jerking around Putin isn't changing the war, just mucking up
Everything Trump is now doing in the war is bad. from escalation to needlessly interfering in oil

Hear hear. Just the fact that the eu is working on a 19th sanctions package ought to say a lot about sanctions

 

[Binary_Digit]

Sanctions are mindless / Secondary sanctions are willfully stupid.

Hear hear. Just the fact that the eu is working on a 19th sanctions package ought to say a lot about sanctions

Right, because Russia's war economy is doing so well?

Russia's economy wobbles under strain of Ukraine war

Russia's Central Bank has eased sky-high inflation but the economy faces stagnation, experts say.

www.newsweek.com

Russia's high military recruitment bonuses are straining its economy

Moscow is "burning the candle at both ends" by loosening monetary policy to prop up growth and expanding wartime spending, wrote ISW analysts.

www.businessinsider.com

Russia's War Economy Is Heading To Recession. It Probably Won't Slow Down The War.

Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the Kremlin’s invasion of Ukraine more than 40 months ago. What it means for the war is uncertain.

www.rferl.org

Russia’s War Economy: Growth Built on Fragile Foundations

Russia’s economy grew by 4.1% in 2024, driven by wartime spending, but rising inflation, deficits, and weakened public services reveal a unsustainable foundation.

www.visionofhumanity.org

I know the Putin apologists hate to admit it, but Russia's economy is being held together with duct tape and bubble gum, and that's in large part due to international sanctions that the civilized world has imposed on them. When this war ends they're going to need a "guns to butter" program of epic proportions.

Sanctions are only ineffective when other nations don't cooperate. That's the problem.

Chinese companies continue to supply machinery to the Russian defense industry for the production of weapons. - Robert Lansing Institute

In 2022, the most stringent sanctions since 2014 were imposed on Russia, restricting the supply of high-tech products to the country. These sanctions were

lansinginstitute.org

Boeing and Airbus shipments passed on to Russia via India, despite sanctions

Indian intermediaries re-export aircraft parts worth millions from western firms to buyers in Russia, customs data up until last September shows.

www.investigate-europe.eu