Shell Buys Russian Oil At A Record Discount Of $28 A Barrel Amid Sanctions

One takeaway from the current situation around Russian crude oil is that if the price reduction is cheap enough, Russia would still find potential buyers in businesses that rely on Urals crude. There have been reports that Shell bought Russian oil at a record discount of $28 a barrel amid sanctions.

Russia’s Ultimate Goal For War In Ukraine

Many observers speculate that Putin invaded Ukraine because he wanted to prevent NATO from expanding to Russia’s border. He felt increasingly threatened by a Ukrainian government formed in the aftermath of a 2014 Obama-backed coup. It is highly unlikely that Vladimir Putin invaded Ukraine without first receiving the approval of China’s Xi Jinping.

List Of Every Russian Billionaire Sanctioned By The West

Since February 21, when Russia acknowledged the separatist republics of Donetsk and Luhansk in eastern Ukraine, laying the groundwork for the special military operation three days later, Western nations have instituted a succession of economic sanctions against hundreds of Russian political leaders and corporate tycoons who regulate the country’s media, financial institutions, oil refineries, and other critical industries.