this post was submitted on 12 Sep 2023

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Germany increased Russian oil imports 12 times: the scheme works through India (www.spiegel.de)

submitted 1 year ago by ooli@lemmy.world to c/germany@feddit.de

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[–] Besen@feddit.de 8 points 1 year ago* (last edited 1 year ago) (1 children)

The oil sent to India for refining is much cheaper. If the price falls enough Russia will make little to no money.

[–] Killing_Spark@feddit.de 4 points 1 year ago

That's fair I assumed that the middle man would make it more costly but the smaller demand for Russian oil might make it cheap enough to cancel it out. The oligarchs of rosneft will still profit though