While every one is distracted by all kinds of happenings, Trump quietly sifted sanctions on Russia under the optics of "Oil price soaring". I think this shifted the gears in many ways.
Russia doesnt need to sell their oil at dirt cheap price to India and China.
More oil on the market = more stability
EU trying to ditch Russian oil might be precipitated because of this, but too little too late, and it will boomerang.
While every one is distracted by all kinds of happenings, Trump quietly sifted sanctions on Russia under the optics of "Oil price soaring". I think this shifted the gears in many ways.
Russia doesnt need to sell their oil at dirt cheap price to India and China.
More oil on the market = more stability
EU trying to ditch Russian oil might be precipitated because of this, but too little too late, and it will boomerang.