Russia will be able to easily find new markets for half of the crude oil exports of which the EU will ban in December this year.
According to Bloomberg, Indonesia, Pakistan, Brazil, South Africa, Sri Lanka and even the countries of the Middle East will take about half of the “freed” volume of Russian oil.
In particular, these states will buy about a million barrels of oil per day.
At the same time, the countries of the Middle East will be able to sell previously used oil for export, which will allow them to extract additional income.
Earlier, Japanese Prime Minister Kishida announced the possibility of setting a ceiling on the allowable purchase price for Russian oil at a level of half of its current value. Kishida said the world is facing a situation where “the foundations of order are crumbling.”
The Kremlin said that the Japanese Prime Minister’s statement does not mean that prices for Russian oil can be agreed upon by other countries.
