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re: The irony of funding Ukraine is that the conflict is keeping oil prices high.

Posted on 2/23/24 at 4:48 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35558 posts
Posted on 2/23/24 at 4:48 pm to
quote:

The price for a barrel of oil more than doubled between 2020 and 2022


So before the sanctions were imposed? shite by the sounds of it, the russian sanctions made oil cheaper. Since the sanctions were imposed, the price of oil is down 36% following the initial spike, in real terms.

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