Your article's a total load of bullcrap.
Russia keeps revising it's numbers upwards, so it's not true, your Chief Sanctions Economist for the Fed is lying, 12 sanction packages aren't working.
Russia is a commodity producer, the world needs what it has.
The West has sanctioned itself, harmed itself.
'Unnecessary damage'
ffs, they blew up Nordstream, and expanded their own US markets selling gas to Europe at 4 times the price
Europeans precious car industry, steel makers etc its all finished
Can't compete with China now, too cheap and too good quality.
The garden will again become the jungle.

The west has not succeeded in achieving anything.
Cost of living is not cheaper and the world is not a safer place.
The West has completely cocked things up this time.

Obsessed with expanding NATO, removing Putin, and ring-fencing China.
The US has completely failed and is plans, and is becoming a crumbling decaying 3rd world shitehole itself full of homeless people and dying drug addicts, and a toothless tiger military that wouldn't have a chance in hell of taking out Iran, let alone Russia or China, or Russia and China together.

The US will be lucky if it can continue selling bonds to pay it's debts for much longer.
There's been a huge decrease in the global use of the US dollar for trade.

Baldrick,

Now you are just lying.

http://tradingeconomics.com/commodity/urals-oil

"The price of Russia’s flagship Urals crude fell to $56 per barrel in December, the lowest since late June, and is now below the G7-imposed cap of $60 per barrel for the time since July. It reflects a plunge in international oil benchmarks amid concerns about an excess supply, slowing demand, especially from China and uncertainty surrounding the ability of OPEC+'s output cuts to stabilize the market. Russia extended its voluntary crude oil export reduction of 300,000 barrels per day through March 2024 and introduced an additional 200,000 barrel-per-day cut in fuel exports. While these measures reduce Russian oil in international markets, they coincide with recent laws encouraging domestic fuel sales, responding to capacity challenges faced by Russian refiners."

Russia is selling less oil at a lower price and only about 20% of the gas it used to sell.

Russia's men and materiel are being destroyed at a record rate, and EU aid has grown exponentially. US aid will come.

I can't remember which article or video I saw that said India had been paying $84, but I see the oilprice is $72 for WTI and as you say for Urals, though I'm not sure that some customers are paying the rate listed for Russian oil.

In any case...

The sinking feeling will be all yours soon...

But as for this thread,

I think its finally sunk, like the Moskva.

http://economictimes.indiatimes.com/industry/energy/oil-gas/india-bought-russian-oil-at-84-2/bbl-in-october-highest-since-december/articleshow/105935792.cms

Ner ner

Baldrick,

There was a spike in oil prices in October. However, the US and EU are now starting to punish and impose heavy fines on ships and shipping companies that break the price cap.

This will give you some financial background.

http://www.youtube.com/watch?v=craSROxu-tc&ab_channel=JoeBlogs