Western countries declared an economic blockade on Russia as they say in the media. The entire civilized world decided to ban imports of Russian oil to cut the state budget.

But guess what?

Despite the oil embargo, Russia continues to replenish the budget with oil revenues. Let's dive in and see how that’s possible.

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More about global economy -    • Global Economy & Finance  
Sources - https://docs.google.com/document/d/1D...

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Navigation:
0:00 – Intro
1:07 – Friendship pipeline
2:41 – Russia-West Trade
6:47 – 3 billion friends
14:21 – Breaking the price ceiling
17:00 – The shadow fleet
20:15 – Not a Disaster, but Far from a Walk in the Park
23:03 – Is Russian doing well?

#russia #china #west #oil #sanctions #putin #xijinping