Russia bans the export of crude oil to countries that impose price cap

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Moscow has announced a ban on the export of crude oil to countries that have introduced price caps on Russian oil and petroleum products.

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Price cap meets supply cap. Are we surprised?

nicktrevi
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The terminator won't help you either.

ToxicFarm
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"Russia is using winter as a weapon." EU
"Russia is using oil price cap as a weapon." EU
"Russia is using gas price cap as a weapon." EU
"Russia is using our stupidity as a weapon." EU 😂😂😂

joshuapaul
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Lol, shooting themselves on the foot again, I see.

Silveirias
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A great opportunity for India and China to demand even larger discounts from Russia. This guy in the Kremlin is not the sharpest knife in the drawer.

Onwrikbaar
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Russia aren't doing themselves any favours what so ever

darraghgregory
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Here many YT profiles don't have country where they are from...?
What are they afraid of?

ToxicFarm
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It's like McDonalds refusing to sell burgers for $1... Outrageous!

CorruptMediaLies
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Waiting a month he must be hard up of money.
The discount oil must not be covering the war bills.

Crashed
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There's a reason why EU did not ban Russian oil but impose a price cap instead. Now, EU will suffer high inflation due to expensive energy bills and its own stupid policies. China and India will simply buy Russian oil at a discount and resell it to EU at exorbitant prices. Cheap Russian energy is over for the EU and companies will move to other countries where energy bills are not expensive and more competitive

ViolentCabbage-ymko
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Russia are not the only source of oil in the world. The price of oil is being driven by emotion and not logic.

MotoTvWoodsFarm
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Crashed economies need no longer oil.
Those needing it, can not pay.
That is the Great Reset of the Super-capitialist clubs like World Economic Forum in prepration of digital fascism.

pasklumumba
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Well good don't sell your oil
Isn't that the point 😭

hoobsgroove
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What? you Europeans are not getting oil for 60 dollar? 😂

We Indians are getting oil for 48 dollar 😂

Iamalemonwhy
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Irrelevant, the EU already banned Russian crude oil imports in the beginning of December.

SlickVoyager
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The Kremlin will get greater control over oil industry and thus further consolidate power. Who said this is all about economics only…

nicktrevi
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All this will do is increase the cost that the EU pays for Russian energy from Indian and China.

Crokey
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Underinvestment on the back of the price cap will send the prices through the roof. 😮

nicktrevi
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Excellent vision of putin cutting his nose off to spite his face. !!! Slava Ukraini !!!

Marc_Gagné
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Very good decision Putin the great leader 💪💪🇷🇺🇷🇺

sarjokujabi