UNSTOPPABLE: India Buys More Russian Oil, IMF Upgrades Putin’s Economy, Fleeing Russians Return

UNSTOPPABLE: India Buys More Russian Oil, IMF Upgrades Putin’s Economy, Fleeing Russians Return

all right guys so let’s talk about the Russian economy and Russian oil so for nearly two years now the West has guaranteed us that mow will collapse and the main strategy they had was imposing a price camp on Russian oil we know that didn’t work because Russia still sells their oil above $60 exported Euros are still fetching around 75 when they leave the ports in Russia and that’s $15 more than the price cap a higher oil price translates to higher revenues now if countries didn’t want to buy Russian oil the selling price would drop but the numbers tell us the exact opposite the world today still runs on fossil fuels and the number one priority around the world is to fight inflation now inflation takes away wealth it makes consumers angry and Afraid and no amount of sanctions can change this fact and a great example is India’s purchases of Russian oil for over a month we’ve heard rumors that New Delhi has been buying more us crude because of the tightening the sanctions of Russian vessels India has got cold feet but it would surprise you that the Indians have done a big U-turn they are buying record volumes of crude from mosow because it simply helps their economy India’s top Refinery Indian oil has resumed trade they are buying more oil from softcom flood with a million barrels already delivered by the shipping company now if you haven’t heard of softcom flood is Russia’s state-owned oil tanker company it’s under heavy us sanctions to stop the flow of cargo so it’s quite surprising that a country as big as India directly buys oil using D services and this is a signal to everyone that us sanctions don’t have teeth you can be sure other refiners in the country and around the world they taking note of this since February this year India’s Imports have started flying up the buying has gone from 1.5 million barrels a day to nearly 2 million and that’s an increase of over 30% volumes from Russia have easily exceeded India’s imports from Iraq and Saudi Arabia combined thanks to India buying more this adds Global competition for Russian barrels is basic supply and demand here this allows Russian revenues to stay high it refills the war chairs and allows the Kremlin to keep fighting on and it poses a big challenge to the West who desperately want Putin’s volumes to crash down to earth now China for example sees the value of Russian oil in March this year their Imports flew up by over 12% at the same time they imported less from the Middle East and the US and it’s all about prices because of Russian discounts China needs those volumes to power their industrial growth countries like India they are seeing this and they know the advantage Russian crude really gives because of the supply India is saving a ton of money in the first 11 months of their financial year they save an estimated $7.9 billion in their oil import Bill and in the year before the savings was over $5 billion in other words if India didn’t buy the crude inflation will be higher and Industrial growth would be lower India is a very ambitious country they want to grow their economy and the big goal of D is to catch up with China but that will mean firing on all slenders you have to get every single piece of the economic puzzle fitted just right from this year to 2029 China’s expected to account for 21% of the world’s total GDP growth the second place is India at 14% And the third place is the us at 12% the advantage China has is a vertically integrated supply chain this makes them a stronger manufacturing export Hub than India and anywhere else in the world and if your company moving to China still makes more sense and if you need more evidence just look at Tesla there’s a reason why Elon Musk canceled his trip to India for China despite the hype in the media about India replacing China tomorrow it simply isn’t the case yet you get the raw materials cheap energy expertise technology and Export links to the rest of the world and to plug this Gap India needs a lot of money to make this happen there’s a lot of investment needed to bridge the gap you have to build up the energy networks improve the railway systems and build better roads across the country in short there needs to be a big infrastructure overhaul to make it happen and this year alone India plans to complete 20 trillion rupees worth of projects that’s around $240 billion US worth of improvements the money has to come from somewhere and this is why the trade with Russian oil simply won’t stop $8 billion in savings is a very substantial amount it allows Modi to borrow less and spend more to build up India’s economy he has a plan to make India a developed country by 2047 and that’s a really bold claim it’s extremely ambitious and the only way it can be done is to keep GDP growth astoundingly High to make this happen India needs to maintain a 8% growth rate every single year from now until 2047 the economy must grow by 8% non-stop year after year this isn’t an easy target for any country in the world to achieve this is why India can’t afford to decapo from Russian oil despite the threats and sanctions from the US crud from mosow is very important it allows Modi to drive better economic growth when the G7 slap sanctions on Russian crude they made a very big miscalculation they assumed that the world will play ball and sacrifice their economies to punish Russia but apart from the Euro Zone most countries are practical they won’t stop trading with Russia because it doesn’t make sense it is too big of a commodity producer to be stopped now the G7 prize C has a very big problem it centers around Banning the vessels transporting the oil If you hired a G7 tanker to move Russian oil you need to buy the oil at $60 off or below that’s the only way the ship will get insurance coverage but the situation today has completely flipped a key insurer has admitted the truth that we knew all along that the Russian oil price cap is becoming un enforceable just 16% of all Russian oil flows had Western insurance coverage in April not only does mow have their own State Fleet but private ships are moving away from the G7 the money transporting Russian oil is just too lucrative you could be making double or even triple your margins moving cre from mosow to the world many are willing to make the switch towards the shadow Fleet when the price cap started around 48% of caro was moved by tankers with Western Insurance it has been dropping every single quarter and has now reached 16% this is astounding and it’s a complete failure of the sanctions by imposing the price cap you effectively create two markets for Russian oil the Western option where you earn less and the black market option where you earn a lot more and as evidence shows the vessel are moving towards the second option this is called a price Arbitrage and demand always flows to where the money is things also getting very hilarious on Russia’s end to confuse the US and to increase the paperwork softcom fla is starting to rename their vessels four tankers have been given new names Columbus is now Camaro Bravo is now belgrod handy ships are flying under the Russian flag the West is playing an endless game of wacko on the high seas with Russia this m Time battle to stop Russian vessels or the shadow Fleet growth isn’t working out well can expect more tankers to switch to the black market in the months to come the only measure left is to sanction those companies and the buyers but that’s likely a step too far even for the G7 it will completely break the oil markets and drive inflation up much higher just because you demand the world buy oil below $60 doesn’t mean Russia has to play ball they can simply divert flows to China and hurt the West even more the US themselves have admitted that oil from Russia has to flow to the global markets that India was never expected to stop buying from Russia on a trip to India the US Treasury admitted the truth the US wants Russian oil to keep flowing to prevent any Supply shocks the agenda is to reduce Russian revenues however the main objective isn’t working out either because of the production CS the shadow Fleet and other strategies money coming in from oil is still staying resilient it’s important we look at the income Russia is bringing in it tells us a lot about the state of di economy comparing q1 over the past two years the total budget income has risen but pay attention to the oil and gas income has recovered from 1.6 trillion rubles to nearly three trillion other Industries are also growing fast and this allows Russia to spend more not just to fight the war but to grow their overall economy as well while the price caps can limit oil revenues other parts of the economy are growing because because trade with China is expanding cheap energy might be flowing to Beijing but in return Russia is getting a ton of cheap Chinese Goods as well trade reached around $240 billion last year and it is still growing M go is getting cars machinery and electronics in return for their oil and gas the sanctions are obviously not working it does not limit the economy in any significant way and we are beginning to see evidence of this the IMF for example has upgraded Russia economy yet again they expect Russia to grow by 3.2% this year and that’s higher than the UK France and Germany even the US comes in at just 2.7% the reasons the IMF gave are clear oil exports have held steady and government spending has remain high and this should come as a shock to the G7 who has essentially thrown the book at mosow Russia Central Bank is also saying the country has a shortage of workers there’s just so much demand in the country that employment just can’t catch up the supply of workers is just too little and this is a good problem to have even the IMF has agreed with Putin’s outlook for Russia that a strong job market and Swift wage increase are helping to power consumer spending so the narrative we are seeing is starting to collapse when you are fighting a war having a strong domestic economy is very essential it helps keep people happy andure social stability and funds the war machine as well now when the war started there was The Exodus of Russia Russian citizens living the country estimates put the number at over 300,000 people and this is based on the number of residents permits issued to Russian citizens in 2022 it might be higher it might be lower however this flow of people is starting to reverse the Russians who fled are starting to come back around half are heading back to the country because the economy is recovering there’s Economic Opportunity and money to be made there when people comes back it solves quite a few issues that jobs get filled and consumption gets stronger Industries especially the highly valued ones gets to grow even further but more importantly the money earned stays and circulates in Russia and that prevents Capital outflow it allows the domestic economy to power itself and drive growth and this is especially important when the West is trying to isolate MCO from the world and as a whole reverse migration has real economic benefits it added up to oneir of Russia’s GDP growth in 2023 the reverse migration generated enough economic activity to add 1.2% of GDP growth and this is very astounding in essence Russia has taken big steps to fight against the sanctions as a result the middle class is growing and people are flocking back now if opportunities in Russia are better than those in Europe it really calls into question everything we are being told who is winning on the ground here it’s key to realize that Russian oil is simply Unstoppable and just because they’re selling oil at a discount doesn’t mean it’s a net loss they’re still driving economic growth in other areas the loss of Revenue is being channeled to China who’s also supporting Russia in various ways and all this results in the economy staying resilient and on their part India will keep buying Russian oil as well they part of the breaks and the relationship goes back all the way to the Soviet days you can’t break this partnership de easily most importantly the cost savings from Russia is just too lucrative for over 2 years Russian oil has been cheaper than Supply from Saudi Arabia and even Iraq almost $10 cheaper versus the Saudis and a dollar below Iraqi Supply based on this alone it doesn’t make much sense for them to avoid Russian oil they can keep saving billions a year to grow their economy further while the G7 can try their best to stop the flow it simply won’t work you will just help certain countries like China and India at the expense of others but let me know what in are the US sanctions working is Russian oil really Unstoppable let me know in the comments below stay safe be sure to smash the like button and subscribe as we navigate through these crazy times

In a big twist, India has bought even more Russian oil using the heavily sanctioned Sovcomflot fleet. This is a sign that the price cap is collapsing and even the threat of US sanctions isn’t effective. Meanwhile, the IMF has upgraded the Russian economy in a sign of strength. This is further confirmed by reports that Russian citizens who fled are returning back for economic opportunities.

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✅ Timestamps & Chapters:
0:00 India Russian Oil Record Buying
2:47 India Needs Russian Crude For Its Economy
5:47 G7 Price Cap Is Collapsing
8:28 IMF Upgrades Russia’s Economy
11:56 Russian Crude Is Unstoppable

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