If the war goes on for a few more weeks, we should see some naked exposures. And none starker than the mention of ammos. Which is why someone is desperate for an exit strategy with some face-saving built in.
China and Russia are playing coy when they have cards to play. But why stop the game when both are winning and laughing all the way to the bank. Russia is reaping a bonanza with high energy prices while China still gets its oil on top of having Iran to test its weapons. China has enough oil stockpiles to cope for a few months.
What is even becoming atrocious is Trump begging countries to buy Russian oil to keep oil price down. That has not gone down well with Europe and especially Ukraine. Four years of oil sanctions just gone in a jiffy. And the move that really takes the cake must be allowing Iran to move its oil, said to be for 30 days only. Remember, all to be paid in Yuan. This is what we call cutting the nose to spite the face.
Anonymous
No comments:
Post a Comment