China and India buy Russian oil in almost the same volumes as Western countries before
A photo: REUTERS
Since the beginning of the special military operation in Ukraine, Russia has been earning much more from energy resources than before, the ruble has become the fastest growing currency in the world, there are no signs of stagnation in the Russian economy – these and some other facts led the American edition of The New York Times to conclude that it was a complete failure. anti-Russian sanctions.
In addition to the fact that fossil fuel prices have skyrocketed, Asia has increased its purchases from Russia.
“China and India buy Russian oil in almost the same volumes as Western countries before,” the NYT complains.
In addition, Chinese imports grew by almost 30%, which made it possible for Moscow to overtake Riyadh in terms of oil supplies, and an increase in purchases of Russian hydrocarbons by India suggests that the Russian economy is close to pre-pandemic levels.
Cecilia Rose, chairwoman of the US President’s Council of Economic Advisers, also suggested that in fact China and India may be buying much more oil from Russia than Washington knows.
Against this background, in the United States, they again started talking about “excessive adherence to sanctions,” as State Department spokesman Ned Price described the situation. According to him, at one time the sanctions mechanism was created in such a way that supplies of food and fertilizers from Russia fell out of its action. But then something went wrong and the sanctions boomerang is hitting harder and harder on those who launched it.