Translation in English: The U.S. price cap order has failed! The attempt to inte

The United States and other Western countries have escalated and intensified their price cap measures.

However, it can be affirmed that this has been to no avail.

This is because the Western countries are undermining their own foundations, such as New York secretly purchasing energy from Russia.

01, Escalation of the Price Cap

In December last year, the price cap imposed by the United States on Russia was related to crude oil.

The United States had proposed a price cap on Russia as early as the middle of last year, but due to the difficulty in implementation, it was delayed for several months before the cap was initiated in December.

However, the initial price cap by the United States was limited, for instance, it only capped the price of crude oil, transportation was limited to maritime shipping, and the price cap was set at $60.

It is evident that the first price cap by the United States was somewhat hasty, and these restrictions can be easily circumvented with some effort.

Firstly, the limitation to only crude oil can be bypassed by simply processing the crude oil; secondly, countries other than those that have imposed the price cap on Russia can still freely import Russian crude oil.

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Furthermore, even if the price exceeds the cap, it is still possible to continue importing Russian crude oil; at worst, it just means not using the transportation services of these Western countries, and alternatives can be sought instead.Previously, British media reported that some crude oil without specific country of origin registered appeared in UK ports, which is very likely to be Russian crude oil, imported into the UK through third parties.

02, New York Undermines Its Own Position

In February of this year, the United States took action again, imposing a price cap on Russian fuel oil. This time, the US may have really dug a pit for itself to jump into.

In the past, the US relied heavily on importing a large amount of gasoline from Europe, but now with the price cap on Russia, the US can no longer easily import oil.

The East Coast of the US, which wanted to obtain gasoline, chose to import from Europe as the most convenient route, but the US has blocked this path with its own hands. In response, the US is not without solutions, turning its attention to the Gulf Coast, but the transportation costs are very high.

The US may have to watch helplessly as the risk of oil prices soaring on the East Coast, and once it happens, it will be beyond remedy.

However, New York has recently found a shortcut, continuously importing a large amount of gasoline from India, and the sales volume of Indian gasoline has broken a record high that has not been seen in four years. On average, New York has to purchase nearly 90,000 barrels of gasoline and diesel from India every day.

03, India Makes a Killing

But where does India get so much gasoline from?

After the Russia-Ukraine conflict last year, Russia and many Western countries stopped oil transactions, and for nearly a year, Russia has only exported crude oil to friendly countries, with India being one of them.It is quite possible that the gasoline exported by India originates from Russian crude oil. India first imports crude oil from Russia, processes it into gasoline, and then exports it in large quantities to the United States.

In this way, Russian oil still ends up being sold to the United States after a detour, with India acting as a middleman and making a significant profit from the transaction.

As is well known, there has always been an extremely high demand for Russian fuel and crude oil resources worldwide, and Europe and the United States are no exceptions.

Ultimately, the United States is still importing from Russia. Despite the price cap being repeatedly tightened, it seems like a farce.

How the United States will proceed in the future is something everyone can continue to watch closely.

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