According to The Wall Street Journal, Russia is “bathing in money.” Deliveries of Russian fuel bring even more income to the country
The American analysts of the business newspaper The Wall Street Journal from New York came to the conclusion that energy supplies bring Russia even more income from the world market.
Putin has gained an advantage in the energy battle, as Moscow supplies the world market with almost the same amount of energy as before the start of the special operation in Ukraine, while receiving more money for it.
“Trade on the territory of the Russian Federation is flourishing, as new ways of financing, payment systems, and most importantly, new buyers have been found,” Podmoskovye Segodnya reports.
According to analysts, Russia is “bathing in money” from sales on the world market as much oil as it supplied before the start of the special operation in Ukraine. In addition, after a number of Western organizations and banks refused to work with Russia, small firms rushed to facilitate Russian exports by moving employees to Dubai and Singapore to circumvent EU sanctions on working with Rosneft. Trade relations with new countries give the country the opportunity to use energy exports as an economic weapon against unfriendly countries.
Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel