09-05-2022, 05:58 AM
Let's talk geo-political strategy.
Came across a fascinating video breaking down how G7 is going to cap Russian oil prices using shipping insurance to make it happen, and all the implications of this move. It's quite fascinating.
https://www.youtube.com/watch?v=t2p6X_upSXQ
The G7 is basically saying we aren't going to stop you from selling oil because that will ruin the global economy for the rest of us, but we didn't start an unprovoked war, so we're going to force you guys to accept way less than market price for the oil we allow on the market from you. Russia is bluffing that it will stop selling oil at a lower price IMO, and I doubt any country that values its port, fishing, and tourism industries is accepting Russian insured oil tankers.
This is major economic warfare from the G7 against Russia. The beauty of it is the countries buying cheap Russian oil aren't going to want to pay anything higher than the capped price, and Russia can't turn off its wells if it refuses to sell at a cheap price, because capping them and then starting them later is prohibitively expensive. This is 3-D chess by the G7, manipulating market forces to deal a major blow to a lawless terrorist country without firing a physical shot. Has the potential to savage the Russian economy, completely eliminate its ability to wage war in Ukraine, and destabilize the Russian government politically so a legit opposition movement can begin.
All Ukraine needs is a stalemate on the physical battlefield - which it seems to have at minimum - and Russia will continue weakening.
Came across a fascinating video breaking down how G7 is going to cap Russian oil prices using shipping insurance to make it happen, and all the implications of this move. It's quite fascinating.
https://www.youtube.com/watch?v=t2p6X_upSXQ
The G7 is basically saying we aren't going to stop you from selling oil because that will ruin the global economy for the rest of us, but we didn't start an unprovoked war, so we're going to force you guys to accept way less than market price for the oil we allow on the market from you. Russia is bluffing that it will stop selling oil at a lower price IMO, and I doubt any country that values its port, fishing, and tourism industries is accepting Russian insured oil tankers.
This is major economic warfare from the G7 against Russia. The beauty of it is the countries buying cheap Russian oil aren't going to want to pay anything higher than the capped price, and Russia can't turn off its wells if it refuses to sell at a cheap price, because capping them and then starting them later is prohibitively expensive. This is 3-D chess by the G7, manipulating market forces to deal a major blow to a lawless terrorist country without firing a physical shot. Has the potential to savage the Russian economy, completely eliminate its ability to wage war in Ukraine, and destabilize the Russian government politically so a legit opposition movement can begin.
All Ukraine needs is a stalemate on the physical battlefield - which it seems to have at minimum - and Russia will continue weakening.