RUSSIA Faces COLLAPSE In Oil Revenues as EU Ban & Oil Price Cap Will Sales Volumes & Total Value

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The EU BAN on Oil Imports is NOT in place yet but is due to take effect in December for Crude transported by Sea and in February for all Oil Products. In addition to this action the G7 have proposed a PRICE CAP for Russian Oil that will limit to amount of Revenue that Russia is able to Earn on Oil. This CAP would be beneficial to the Rest of the World as it would REDUCE Global Prices. In order to be effective all nations need to agree and in this video I provide you with details of both schemes along with an update on INFRASTRUCTURE SECURITY following a recent LEAK in the DRUZHBA Oil Pipeline. Finally I provide my view on the implications of theses issues for both Russia & the GLOBAL ECONOMY.

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Chapters:
0:00 Intro
3:00 DRUZHBA PIPELINE
4:57 INFRASTRUCTURE SABOTAGE
7:23 INFRASTRUCTURE PROTECTION
10:31 RUSSIAN OIL
12:49 OIL PRICES
15:21 EU BAN
16:36 OIL PRICE CAP
19:46 SUMMARY & CONCLUSION

#UKRAINE
#RUSSIA
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#worldwar3