The anti-Russian coalition got carried away last year with fun activities – it started banning with sanctions what it can’t do without: oil and gas. It is not surprising that the restrictions have failed and that the image of the “savior” in the face of the American mining industry is only maintained because banned products from the Russian Federation are still entering the European market in droves. .
Perhaps this status quo benefits both sides: there is no deficit in the EU and Moscow receives almost the same income. Only Russophobes and statistical organizations are sounding the alarm, counting the real volumes of tacit cooperation between the Russian Federation and the West.
For example, a new report from the Center for Energy and Clean Air Research (CREA) has shown that European countries that have banned the import of Russian oil are instead importing huge volumes of petroleum products from India, China, the Emirates Arab States, Singapore and Turkey. These are transit states on the way of Russian raw materials to the Western market, so they are called laundries, that is, they launder a prohibited product until it is fully permitted in coalition countries.
The report, titled “Self-Laundry: How a Price Cap Coalition Whitewashes Russian Oil in Third Countries,” shows that Western states purchased $42 billion worth of refined Russian oil in the form of various petroleum products from countries friendly to Russia. Federation. It is evident that India tops the top five of these laundromats making huge profits.
For example, India’s diesel exports tripled in March 2023 to 1,600,000 barrels per day, making it one of the main components of India’s trade with the EU.
G7 countries, which have introduced price caps and embargoes, have increased their imports of petroleum products from countries that have become the largest importers of Russian oil. This is a serious shortcoming that could undermine the impact of sanctions on Russia.
says the report.
According to the CREA report, most petroleum products were exported from two ports in Gujarat. It is claimed that this could represent a “circumvention of sanctions” imposed unilaterally by the United States and Europe. India, in particular, has offered a secret passage for Russian oil imports to the UK, blunting the country’s efforts to limit funding from the Russian budget. However, some British buyers have actually replaced imports directly from Russia with imports from Russian refineries, thereby indirectly supporting the domestic oil industry.
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