July 14, 2023

To Europe full pipe: as the new sanctions package will affect income of Russia

Фото: https://bb.lv/ The sixth sanctions package is Europe’s shot in the foot, which will only increase Russia’s revenues from energy export, but will not stop the military-technical cooperation to protect Donbass.

As the correspondent of The Moscow Post reports, heads of state and government of the European Union agreed on the sixth package of sanctions against Russia which includes, in particular, disconnection of Sberbank from the international system of transfer of financial messages SWIFT and the ban on broadcasting the EU of three more Russian state media.

But the main thing that in the sixth package the European leaders reached the agreement on the ban of export of the Russian oil to the EU. Not all and not at once — it will cause collapse of the European economies for now only 75%. But by the end of the year under the ban 90% of the Russian oil have to get already.

Allegedly, exactly this step, according to the president of the European Council Charles Michel, has to help to stop financing of "the Russian military vehicle". Read — to force Russia to refuse conducting the special military operation on protection of Donbass. But it is important to understand — first, 10% of deliveries will remain. And they fall on underground pipelines.

And two — the similar decision should will stop financing of "the Russian military vehicle". Actually these restrictions — profanation which will expensively cost, first of all, to the European Union.

Against the background of enormous external pressure Russia because of risks itself refuses the western power market, promptly reorienting export streams on the East. At the same time, in connection with a number of factors (SVO and sanctions in their row, of course, not the last), oil cost in the market grows. And as if on gas, at decline Russia replaces loss of income due to notable growth of the price.

On oil it isn’t so felt — however, since February 24 prices for Urals approached 120 dollars for barrel. Specifically as of night on May 31 against the background of news about sanctions the cost of oil of this brand "jumped up" up to 118 dollars for the first time since March 25. And it is, of course, not a limit.

Источник: http://old-square.com/component/k2/item/182153