• Liz@midwest.social
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    4 hours ago

    Yes, that’s what the sanctions are intended to do. Russia should struggle to make any profit from their gas and oil. It would be ideal if they couldn’t sell at all, but forcing them to sell at steep discounts is still very good. This Hormuz straight business has unfortunately caused the price of oil to go up, which will significantly increase the price Russia can sell at.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 hours ago

      What’s actually happening here is that Russia is grabbing the market early and undercutting the Burger Reich. Once they’ve secured customers then prices will obviously go up.