It’s happening, the G7 and allies will implement a price cap on Russian oil. When will Putin the genocidal...

It’s happening, the G7 and allies will implement a price cap on Russian oil. When will Putin the genocidal, delusional lunatic realise this is not war he can win?
ft.com/content/81e74eb3-c191-4391-8e0a-35a93dc8d971

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Let me get it straight. US & EU & allies want a centrally planned economy with set prices and no price discovery while Russia wants open market for her products?

No, it means Russia loses the privilege of participating in the free market under the common rules, so Russian products will be price capped

Did they get the BRICS nations to agree? How about Indonesia and Iran?
Because this seems like another fake faggot "victory" for Western sanctions, which have so far done nothing but harm Western citizens.

What glorious digits.

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CAPPED!!!!

>It’s happening, the G7 and allies will implement a price cap on Russian oil.
Which only europe will adhere to, so who cares

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Price cap : when a jew buys oil from russia marks it up and sells it to europe

They already buy marked up ruskie gas from India and China. I doubt they can tell India and China to cap the price.

I for one, welcome 500$ per barrel oil prices!

So the gas now will explode after December.
And I mean this in conjunction with the retarded insurance ban and what? $300/barrel?
This is so ridiculous. It isn't funny though. It will lead to a violent revolution across the West. I hope the revolt is very violent and gets rid of these people because otherwise we are fucked.

>It isn't funny though.
What are you talking about? This is fucking hilarious.
People are going to die left and right, politicians will be literally hanged, mass starvation will begin to set in, mass immigration will start to happen when countries no longer have the resources to protect their borders, it's going to be FUN.

Except Russia has no capacity to transport gas from western fields to China and India in any meaningful amounts. This "sale through India" argument was always bullshit, gas is a non-fungible good.

>Russian products will be price capped

Russia will now block oil too. Only morons working for the EU.
>not only gas will not flow. Winter of death of the Unwarmeth

sure we do, you know, you werent the only ones building LNG terminals

No I highly doubt that.
It is done in conjunction with the insurance ban. That is: no Russian tanker will be insured in London(the monopolist of oil tanker insurance) if the oil they are carrying is not "capped".
Which means 2 things: oil is going to skyrocket in price since officially the Russian oil will be considered not part of the system.
It will absolutely destroy the Londons monopoly on said insurance and will push it to move to China or somewhere else BRICS related.
Which also means that after the nickel blunder in London all of the commodity and oil services and markets will move to BRICS nations.
It's as if the West is simply giving away all Its power to China and their allies, without them even asking.

won't Putin just sell the oil through India, like he's been doing? Biden got bamboozled, smeckledorfed if you will.

Nah, nothing ever happens.

Not my idea of fun but have at it user.
I'm prepared for a Venezuela to happen but not for Mad Max (nobody is that prepared).
So to me it won't be amusing. This winter is also going to be brutal imo so this will just speed things up.
Fuck I don't want to live in this kind of apocalypse but apparently have no say in it.

Fuck off, NPC.
Take a look around you.
Things have been falling apart since at least the last decade.
I have absolutely no love for the soulless, spirituality lacking dystopia we currently live in.
If it needs to completely burn down for something better to arrive, I say let it fucking burn.

notice a pattern they always choose is to isolate china and india further

> for Mad Max (nobody is that prepared)
lots of people are prepared for mad max world
it's not even a question of gear at that point, just mentality and survival skills

Except the EU are the ones depending on Russian Exports. Meanwhile Asia has plenty of demand to fill the gap.

EU are such fucking retards.

good luck enforcing that, the only thing this will achieve is LESS available oil and gas in EU - and they are doing it to themselves before winter lmao

Yes since the buyer is the one who decides the price not the seller.

Oy Vey delete tis

Yes. The Bolsheviks are now in control of the West via their control of the USA. They are working hard to destroy the West's family, church and economy just like they did when they gained power in the Soviet union.