FYI

 

U.S. Treasury official heads to India to discuss Russian oil purchases

Russia jumps to fourth position as oil supplier to India, tanker data shows

Chinese efforts to replenish reserves with Russian oil would not violate U.S. sanctions -White House

"India, the world's No. 3 oil importer, boosted Russian oil imports in April to about 277,000 barrels per day, up from 66,000 bpd in March as refiners buy the discounted crude shunned by many Western countries and companies."

"China's efforts to replenish its strategic reserves with Russian oil would not contravene U.S. sanctions, White House officials aboard Air Force One said on Thursday.

China is in talks with Russia to buy additional supplies of oil in order to add to its strategic crude inventories, according to a Bloomberg News report on Thursday.

Were reducing strategic inventory...remember?. I remember somebody saying a while back that it was a mistake at this juncture.

"The world is gonna need their oil and minerals more than it cares about Ukraine."

I remember somebody saying that a while back as well, we are only at the tip of the iceberg on this thing.