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Russia just posted an *all time record* in oil profits. The effect of the Western oil embargo appears to have pushed prices to all time highs for all Western consumers, created a discount market for China/India, and enriched the Putin war machine
https://www.nytimes.com/2022/06/13/climate/russia-oil-gas-record-revenue.html
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@esaagar @ChristinaPushaw I was calling this before it even happened.
Blowback is a bitch.
@Just_Glorkon @esaagar I know someone who has worked in that sector in the former USSR for many years and warned of the same thing! It seems like the Biden Administration should also have been able to anticipate this!