comment: >
  
  India is still going to buy it all, even if it's "normal" price because others will charge more due to increased demand.
  India gains nothing long term, but if they'd take the short term lose we'd all be better off in the long run
context: None of the countries that imposed the cap buy Russian oil though. Wait why am I expecting anything Russia does to make any sense >
  
  On paper they don't but there are a huge number of off shore ship to ship transfers of oil happening these days which allow circumventing of the rules. >
  
  The insurance issue is going to bjork that up royally in January. Ships holding Russian crude will basically be barred from having the required insurance needed to dock in any major western port.
  Also, ship to ship transfers are high risk when in port. Doing them on the high seas off the coast of Portugal is a disaster waiting to happen. You could see said countries militaries seizing those vessels WHEN this happens. >
  
  Don’t that just have to switch insurers to someone who doesn’t give a shit Ie India >
  
  There aren’t many non-Western insurers, and for those that exist their insurance is often not considered sufficient/creditworthy by western ports where these ships could dock. >
  
  India just hit the news because they were considering doing this >
  
  "Comes into force on Feb. 1, 2023". That's... optimistic planning horizon. Accidents happen. >
  
  You can’t fall from a window if you are in a basement. >
  
  Well not with that attitude you can't >
  
  altitude >
  
  Only countries that have the ruling rings can buy their oil >
  
  "...neither living nor dead..." >
  
  Seems like Russia should be worried about having to cap wells that will be too expensive to restart. >
  
  Indeed a bad time to have to reduce production during winter, where the damages will be maximized. >
  
  The desperation is delicious. >
  
  So nice of them... thats gonna make sure the money i spend on gas wont end up in russain hand, thanks putin! >
  
  My man has got 6 months tops >
  
  I ban selling oil... to countries that aren't buying! >
  
  I do you one better! I ban women from my life! >
  
  Banning all the countries that don't want to buy from you anyway >
  
  Tuesday it is..... >
  
  Welp guys he got us, Putin playing that 4Dfchess by sanctioning Russia himself... 🤣🤣🤣
  What's next on the list, Russia blowing us it's own airbases lmao