INSUBCONTINENT EXCLUSIVE:
Its oil exports have proved more resilient, however, and now account for 60% of the country's fossil fuel revenues.Western attempts to go
after Moscow's oil revenues by denying services to all trades involving Russian oil at more than $60 a barrel have not dramatically changed
analyst Sergei Vakulenko, have suggested that Russia could actually be selling oil to China or India for more than the estimated Urals price
not imposed an outright ban onRussiangas deliveries, further restrictions such as an LNG price capare being touted by analysts as possible
to its new oil customers in Asia, who had gained new market power as Russia's main customers after the partial European embargo and price
May report by India's Financial Express, discounts on Russian oil compared to global price declined to 8% in the period of September 2023
for Russia for the whole of 2023 compared to a situation with no restrictions
on the shadow fleet and losses at over $11 billion as of November 2023
The sum included $2.3 billion in expenses on the tanker fleet and another $9 billion on alternative insurance arrangements for vessels in
hurdles.For example,Novatek, Russia's largest LNG producer, faced repeated problems with the construction of its Arctic LNG 2 plant due to
sanctions designations help stem the flow of Russian oil, but there is a limit to that, George Voloshin, a global anti-financial crime
designate only about 10-20 every few months, while Russia's shadow fleet can number up to 1,500 or even 2,000 ships, Voloshin
pertinently, radical restrictions on the acceptance or facilitation of Russian oil cargoes might limit the energy supply on the world market
Sea for Russia, experts say this would put Moscow on the brink of military confrontation with NATO.According to oil analyst Sergei
agrees Voloshin, adding that freedom of commercial navigation through the Danish Straits is recognized under the 1857 Copenhagen
measures, but a progressive refinement of the current gradual "middle ground" approach to limiting Russia's profits without jeopardizing
the Kremlin and chipping away at its market power is still realistic in the long term if there is a political will for a more patient
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