I haven’t regarded within the particulars however from what i’ve learn they’ve additionally elevated their gross sales of oil and fuel to international locations like Turkey, Saudi Arabia and so forth. No doubts these international locations would then most likely ´launder’ this oil and fuel after which resell it to Europe. As a lot as I hate this example, you possibly can’t precisely isolate Russia with simply NATO sanctions and it’s more and more changing into a multipolar world. On the long term it seems like Russia might be advantageous promoting its oil to different international locations, these different international locations reselling a few of this oil and fuel to European International locations at a premium and Europe will see its oil and fuel provide being decreased whereas having to pay extra for it.
The actual losers on this financial conflict certainly appears to be the European international locations, not less than for the following 6 month to a yr. Hopefully Europe will be capable to reorganize its vitality manufacturing and provide to change into extra resilient sooner or later. Renewables are a part of the answer however solely a small a part of it, even Germany with all their efforts and investments since fukushima solely produce 40% of their electrical energy with renewable, that’s not practically sufficient.
Edit: for these not liking my remark, sorry for not enjoying together with the make beliefs world of propaganda, I dwell in Europe and anticipate to be hit by a large rise in my electrical energy invoice this winter and wishful pondering cannot offset that.
