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Israel MacroMicro  10:13:27 GMT - 05/03/2022  

Mtl JP  23:01:51 GMT - 05/02/2022  
20:24 // since when is a buyer strike an embargo ?
here is another sober point of view:
Lifting the curtain on Russia’s oil and gas sectors that will bring in an estimated $260 billion in 2022 - May 2, 2022

Despite the severe oil production cuts expected in Russia this year, tax revenue will increase significantly to more than $180 billion due to the spike in oil prices, Rystad Energy research shows. This is 45% and 181% higher than in 2021 and 2020, respectively. Russia’s progressive tax system means that taxes increase in line with higher oil price ranges. With the oil and gas sector remaining the keystone of the country’s economy and with Western sanctions over the invasion of Ukraine starting to mount up, Russia is looking east for export opportunities. ...

Rystad Energy research

dc CB  20:24:05 GMT - 05/02/2022  
is someone putting Lysergic acid diethylamide in the cognac?
With Emmanuel Macron back secure in his second term, and the latest conflict over gas supplies between Moscow, Poland and Bulgaria sending shudders through the European community, the Germans - newly emboldened by a deal to access LNG terminals belonging to its European neighbors as it scrambles to build more of its own - are once again threatening to cut off Russian oil and gas by the end of the summer.

The latest comments come via German newspaper Welt and Finance Minister Christian Lindner, who said an immediate Russian oil embargo is a distinct possibility.

— Jens Nærvig Pedersen (@jnaervig) May 2, 2022

Germany Threatens Immediate Embargo On Russian Oil

PAR  16:24:35 GMT - 05/02/2022  
A weak Euro mainly caused by insane monetary policy is creating a purchasing power crisis in Europe.

Now we are reaching the stage of central planned price controls which lead to the collapse of the Soviet Union.

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