Yeah, they were buying a ton from Russia before Ukraine, then they sourced more from the US and India, then some dipshit started a war in Iran causing problems with supply chains.
India refines it’s own diesel using imported oil from a range of regional sources. Russia being a major source, and source of contention since the Ukraine conflict began.
Right, so Europe went from buying Russian oil at market rates to buying it at a premium. I’m Indian, so I’m not exactly complaining about some companies here getting a little surprise profit, but I just don’t understand the logic.
I mean Europeans are already buying most of their diesel from the US aren’t they?
Yeah, they were buying a ton from Russia before Ukraine, then they sourced more from the US and India, then some dipshit started a war in Iran causing problems with supply chains.
Where do you think India gets its diesel from?
India refines it’s own diesel using imported oil from a range of regional sources. Russia being a major source, and source of contention since the Ukraine conflict began.
Right, so Europe went from buying Russian oil at market rates to buying it at a premium. I’m Indian, so I’m not exactly complaining about some companies here getting a little surprise profit, but I just don’t understand the logic.
The logic of not buying oil from a country you’re supporting a war against?