It’s fucked up that they still haven’t cranked that shit up to max.
Should have given the strongest sanctions since day 1
The sanctions lower for the first time the price cap on Russian oil exports. The cap permits the provision of Western transport, trade and insurance services for Russian exports only if the purchase price is below the cap. The new cap will be $47.60 per barrel, down from $60 and will be revised every three months to stay 15% below the market price for Russian exports. Russian crude oil was selling at $59.42 per barrel on Thursday according to Argus, a price-reporting agency.
So in other words, the EU doesn’t want to end Russia’s money stream, if they can strike a good deal out of it…
The bloc will sanction 105 more vessels considered to be part of Russia’s shadow oil fleet and some of the people and companies which operate them, and ban petroleum products based on Russian crude exports. EU foreign policy chief Kaja Kallas said those sanctions will hit Russian oil giant Rosneft’s biggest refinery in India.
Good
So in other words, the EU doesn’t want to end Russia’s money stream, if they can strike a good deal out of it…
Not quite. They realise that the world is dependant on oil and cutting it out completely world cause a massive recession, so the next best thing is to make sure Russia makes next to no money on the oil that the world needs.
I do wish we could just stop using oil, but I also like to eat.
In this case it is not about just permitting it to pass, but about Western companies to be involved in keeping the logistics of it up.
I understand this to be about making money with helping Russia sell that oil, not just permitting Russia to sell it elsewhere.
Who would you prefer make money on the logistics? The EU27, or Russia?
This is the same argument like “if we dont sell them weapons, someone else will.”
If Russia had the capabilities to do so, they wouldnt rely on Western companies to do it for them. But even if they did, not making ourselves dirty with complicity should be a good enough goal in itself.
Unfortunately it seems that we are morally this bankrupt that instead of saying “nope” we rather say “this will cost extra, but sure lets do it”
Not really. The world needs the oil unfortunately, so someone needs to transport it. Who should do it? The option “nobody” isn’t really realistic.
Do I wish we didn’t need oil at all? Very much so.
Do I wish we could just say no to all Russian oil? Absolutely.
Sadly reality gets in the way.
I’m pretty sure without some EU member states the compromise reached would have been less … compromisy.
