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re: Putin the Checkers Player

Posted on 5/16/22 at 4:07 am to
Posted by trinidadtiger
Member since Jun 2017
13523 posts
Posted on 5/16/22 at 4:07 am to
quote:

The only way for Russia to sell kinda sorta to the world market is ship to a blending terminal where the crude is blended with other crude and loses identity, then loaded on ANOTHER ship. All of this costs real money. Iranian smugglers who are buying blackmarket crude at Iranian terminals do this all the time, but in very small tankers


This only applies if you are on the SWIFT banking system, since Russia is blocked, and is dealing in rubles, this is a non factor.
Posted by CitizenK
BR
Member since Aug 2019
9632 posts
Posted on 5/16/22 at 7:52 am to
Sell to India or China which performs the blend
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