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skydivingbear t1_j1v0pqg wrote

None of the countries that imposed the cap buy Russian oil though. Wait why am I expecting anything Russia does to make any sense

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pete1901 t1_j1v2g08 wrote

On paper they don't but there are a huge number of off shore ship to ship transfers of oil happening these days which allow circumventing of the rules.

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The-link-is-a-cock t1_j1vfaqe wrote

Oil laundering

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Nargodian t1_j1wodau wrote

I feel for the poor sod who has to file off the oil molecules' serial numbers.

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Acewrap t1_j1wqsx2 wrote

It's not much, but it's dishonest work

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sudo_rm-rf t1_j1wv3xl wrote

You joke, but oil has a distinct molecular fingerprint that’s hard to obfuscate.

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Nargodian t1_j1wwc7h wrote

Distinct in what context? Is it which oil field it was drawn from? If my GCSE chemistry is correct: crude oil is just a bunch of different hydrocarbon chains. I suppose there may be other molecules kicking around. Is it just the composition of theses molecules in the crude that demark it.

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sudo_rm-rf t1_j1wwodm wrote

Correct. Trace elements. I’m less certain about refined products since at that point you’re essentially doing purification.

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valeyard89 t1_j1xggfm wrote

whjy do you think they kidnapped all those kids?

0

rubywpnmaster t1_j1vpii9 wrote

The insurance issue is going to bjork that up royally in January. Ships holding Russian crude will basically be barred from having the required insurance needed to dock in any major western port.

Also, ship to ship transfers are high risk when in port. Doing them on the high seas off the coast of Portugal is a disaster waiting to happen. You could see said countries militaries seizing those vessels WHEN this happens.

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JimmyEDI t1_j1vsrmn wrote

I don’t know about STS out the coast at Portugal, can you link me a source to these? The frequency of the STS are higher in the Med, The gulf, and the Indian Ocean. They are nutters but they do care for themselves. Also the military can’t seize a tanker if they are not readily visible/transponder is off.

The insurance aspect is however something that does stop them offloading. Which is what was seen by Istanbul.

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Tony2Punch t1_j1vrkhu wrote

Don’t that just have to switch insurers to someone who doesn’t give a shit Ie India

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putsch80 t1_j1vx5za wrote

There aren’t many non-Western insurers, and for those that exist their insurance is often not considered sufficient/creditworthy by western ports where these ships could dock.

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Tony2Punch t1_j1wc7cz wrote

India just hit the news because they were considering doing this

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rubywpnmaster t1_j1xudt9 wrote

Yep the insurer has to be able to prove that they can cover what they are insuring against to be worth a damn.

US insurers only hold 8 trillion in cash and investments to be able to cover their asses. Totally easy industry to jump into.

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isysdamn t1_j1we3d3 wrote

It would probably also block them from using any of the canal systems; they are going to end up massive costs attached to their oil industry.

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dogerell t1_j1vfzo7 wrote

Im wondering why you're mentioning this since in the rare event a country imposing the cap buys rus oil illegally, ship to ship, is already banned from doing so.

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JimmyEDI t1_j1vhkpi wrote

There are ways to circumnavigate Ship to Ship transfers. Most notable of which entails putting the ship at danger by switching off the transponder or ghosting its location to somewhere else. STS transfers are down but the consequence for everyone is high, not just the Russians. It’s a difficult ecosystem, you have refineries, tankers, consumers all vying for the stuff. Russian oil will be used by Ukrainians in their vehicles and they won’t even know it.

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Dancing-Wind t1_j23zx7k wrote

The goal is not to embargo Russian oil - the goal is to reduce its profitability, hence the price cap. Sure 3rd parties will try to bypass the cap but not for free. Despite all the pleadges of friendship chinese and indians are buying russian oil below market price - and that is fundamentally the goal. Also 60 cap is quite high so I imagine ppl will not bother to doge caps if its already trading at around that.

of course Russians might try to still bypass it and accept sub 60 final price for the principle of it and/or to be ready when the cap drops to 50 or 40$

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Omgbrainerror t1_j1w233h wrote

"huge numbers"?

Source to your statment please. Twitter isnt a source.

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JimmyEDI t1_j1w4j7r wrote

Tankertrackers.com take out a sub as Data isn’t free.

1

younggundc t1_j1ydwet wrote

So in other words it’s just for optics, so he can make headlines and appears to be disciplining those westerners!

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anonk1k12s3 t1_j1weqt4 wrote

Oh they do.. EU is still buying Russian oil, even the US is.. it’s well documented.. they just don’t buy it direct.

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grumbly102 t1_j1v80ne wrote

"Comes into force on Feb. 1, 2023". That's... optimistic planning horizon. Accidents happen.

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JimmyEDI t1_j1vhp3g wrote

You can’t fall from a window if you are in a basement.

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qainin t1_j1vls19 wrote

Absolutely not.

Here, have a nice cup of tea...

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dorkcicle t1_j1wwgik wrote

that tea gonna give me a heart attack?

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qainin t1_j1x1g7l wrote

No, but you'll probably glow in the dark.

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PloppyTheSpaceship t1_j1w1y9z wrote

Basement may have a little window at the top, and you fall upwards...

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JimmyEDI t1_j1w2lep wrote

Well if you’re not going to fall you may as well rise.

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LewisLightning t1_j1xhpkf wrote

Ah, but you're forgetting about the elevator shaft to the sub-basement. And for some reason they put a window on the doors.

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WanderingPickles t1_j1xxhul wrote

You say that but those crafty Russians are wizards at falling out of windows. It’s like magic.

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Durris t1_j1xycuj wrote

"He fell up three flights of stairs"

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BLRNerd t1_j1w4w62 wrote

Either they've likely gotten a lot more delusional (Check this Russian Official's tweet thread about the collapse of the EU after the UK is let back in and the US. https://twitter.com/MedvedevRussiaE/status/1607487338401206273?t=0OwUFMwE2pPsclmPpSfJSQ&s=19) or they know something we don't

Probably the first one given the rouble is now 70 to a dollar

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sicKlown t1_j1w6ddt wrote

That's some low energy trolling. Of course Elon Musk licked it up enthusiastically

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Hal_Fenn t1_j1w9wph wrote

That's president in waiting Musk to the likes of you!

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Jessica65Perth t1_j1xcsbp wrote

He would need a coup for that as he is not Anerican born

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Hal_Fenn t1_j1yiov6 wrote

Maybe read what I was replying to? It was literally about a coup/break away states lol.

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Mental-Cat-5561 t1_j1xmsh5 wrote

Sorry musk butt licker. Someone born in South Africa can’t be president of the United States of America. Your ignorance is on public display.

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Tack122 t1_j1xt230 wrote

You clearly didn't read the post they're discussing where Dmitry Medvedev tweeted that Elon would win the Presidency of a new GOP post-civil war state that will exist by the end of 2023.

Now who's ignorance is on public display?

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Hal_Fenn t1_j1yijbd wrote

Lol thanks for the laugh, did wonder how many wouldn't get the sarcasm without the /s.

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MerryGoWrong t1_j1xdt1t wrote

These are the same guys who thought they could roll in and take over the entire country of Ukraine in 3 days while being greeted as liberators. Accurate predictions aren't really their thing.

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snowhawk1994 t1_j1xibqf wrote

In a world without nukes the NATO would most likely take over Russia within 3 days...

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equalsolstice t1_j1ze91z wrote

Bro did Elon musk really reply “epic thread!” To that

What the fuck

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Kiboune t1_j1xw5qv wrote

It's only 70. It was 100 at the start of the year

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Melodic-Hunter2471 t1_j1ysne4 wrote

You’re right, accidents do happen, to them.

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kigor1988 t1_j1uzs67 wrote

So nice of them... thats gonna make sure the money i spend on gas wont end up in russain hand, thanks putin!

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holy_drop t1_j1v3b0j wrote

Only countries that have the ruling rings can buy their oil

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comeonwhatdidIdo t1_j1vakz4 wrote

I ban selling oil... to countries that aren't buying!

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SaintJeremy96 t1_j1xfzmf wrote

So why they put a price cap if they are not even buying?

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EdenG2 t1_j1vq7hp wrote

Seems like Russia should be worried about having to cap wells that will be too expensive to restart.

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FrozenInsider t1_j1w0vgh wrote

Indeed a bad time to have to reduce production during winter, where the damages will be maximized.

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Jaded_Prompt_15 t1_j1v1rpi wrote

India is still going to buy it all, even if it's "normal" price because others will charge more due to increased demand.

India gains nothing long term, but if they'd take the short term lose we'd all be better off in the long run

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der_titan t1_j1va7lu wrote

>India gains nothing long term...

They save billions of dollars of USD equivalent every month - that's a lot more important to India than Russia's claims on Ukraine.

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geon2k2 t1_j1vlldx wrote

Why would india buy at normal price? They'll buy it even cheaper than the price cap. Russia cannot stop the oil coming from Siberia as they cannot restart it, if they stop it. Everything will freeze and will become a thick gel. It took western companies nearly 30 years to restart production after they stopped it in the 90s.

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No-Environment-5762 t1_j1ypbij wrote

But india is already buying under price cap. Russia is giving discounted prices to India.

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LessWorseMoreBad t1_j1vtyby wrote

From a "whatever is good for India" perspective, India needs to realize that they have Russia by the short and curlies. They should stop buying for a month and then see how much lower they can get the price.

But, they wont do that b/c going by their choices over the last year Modi has the forward-thinking capability of a goldfish.

0

NaCly_Asian t1_j1vmk4v wrote

if Russia stops production completely and takes all their oil off the global market, it would cause the oil price to jump drastically. If India pays 'normal' prices now (say, 80 dollars), it would be cheaper than the elevated prices with messed up supplies (maybe 150+ dollars).

−2

Kneepi t1_j1vn9f7 wrote

That's not how oil wells work, well they do, but it would be a disaster for Russia's future.

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Consistent_Box908 t1_j1vo09w wrote

You are right. You stop using the well and you simply killing it. It’s not something that can be just stopped and started once in a while. The whole infrastructure would be devastated. If this were so simple they would have stopped by now. They simply can’t.

Btw it’s British/Americans companies that provide insurance for the ships. So if India doesnt have a pipe that covers 90% of their demand they will pay higher price anyways cause someone needs to ship it.

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bigcaprice t1_j1xkxir wrote

> it would be a disaster for Russia's future.

In that case I'm going to assume that's exactly what they'll do.

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geon2k2 t1_j1vomw8 wrote

Why the downvote though. What i said its true, do your checks. If russia stops producing, yes international price will increase but russia will be in even a bigger hole that they are now. Also did you knew they cannot stop production for siberian oil? If not and you learned something from that post, why the downvote?

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NaCly_Asian t1_j1wluar wrote

My thinking is that if the EU has to back down from the price cap due to the effects on their economy, Russia can dictate terms on restarting the oil deal, which I would assume would cover the fines from the breaches of contracts and other compensation. It comes down to who blinks first. Also, OPEC could also tighten the supply even more.

also, I did not know about the oil industry and the effects of stopping the oil drilling. thanks for the info :)

1

Arrow2019x t1_j1vdwod wrote

Banning all the countries that don't want to buy from you anyway

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ImaginaryRoads t1_j1v3q46 wrote

Wait, just two days ago, he was telling Europe that Russia could resume pipeline deliveries for them at any time. I swear, this guy gives me whiplash so bad!

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TimaeGer t1_j1vej7j wrote

The cap doesn’t apply to oil via pipelines so maybe Russia makes an exception there too

1

akuma211 t1_j1vmb1c wrote

Welp guys he got us, Putin playing that 4Dfchess by sanctioning Russia himself... 🤣🤣🤣

What's next on the list, Russia blowing us it's own airbases lmao

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LewisLightning t1_j1xi6gj wrote

They are already the number one donor of weaponry to Ukraine. Which is being used to fight the Russians in this war...

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b3iAAoLZOH9Y265cujFh t1_j1wv45v wrote

Don't forget to read Putin's new book: "The Art of Self-Sanctioning"

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Shultzi_soldat t1_j1w7f6k wrote

He is selling under cap just becouse he doesn't want it to look like he is complying....4d chees.

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MegamanD t1_j1woiav wrote

Thanks for making that cap $0 Vlad.

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Dash_Harber t1_j1x0hgg wrote

Yeah, that'll save your economy, banning potential customers.

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aamartt t1_j1wfncy wrote

No way! So clever!

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OldDefinition1328 t1_j1wmazi wrote

Poopin just can't seen to get enough of shooting himself in the foot.

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mskyfire t1_j1wwlre wrote

That's actually good

2

VanillaIcedTea t1_j1xft9k wrote

Russia can try and outlaw the price cap as hard as they damn well please. The two biggest remaining markets for Russian oil (China and India) are both already buying well under the cap price anyway, and that's to say nothing of the utter lack of capacity in the shipping industry that is neither flagged in a country that agreed to the price cap, or covered by an insurance company based in a country that agreed to the price cap.

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Mental-Cat-5561 t1_j1xmzc1 wrote

Can some brave Russian take this pos out and go down in history?

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prtysmasher t1_j1xylea wrote

Oh no, it hurt itself in it’s confusion.

2

Hulkman123 t1_j1yffir wrote

Russia seems like one of the countries that is just cursed to have bad leadership. They couldn’t keep having royalty, communism was a giant mistake, now Putin

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dudeonrails t1_j1x1kw2 wrote

Someone’s falling out a window over this.

1

SearcherRC t1_j1xfqea wrote

I'm pretty sure those countries were already looking elsewhere anyways. This is just Putin puffing his chest and trying to act tough.

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AnthillOmbudsman t1_j1xp0ly wrote

wtf is a "price cap-decree"?

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vrenak t1_j1y57rg wrote

EU and a few others imposed a price cap, saying you can't pay more than a certain price for russian oil, also they in reality can't move oil to other customers further away at a higher price as it also applies to the ships and their insurers.

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HellBlazer1221 t1_j1y8rkt wrote

Ah, the master negotiator and busiessman at work.

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sim642 t1_j1yc4h1 wrote

Putin likes to self-sanction.

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Melodic-Hunter2471 t1_j1ysj5e wrote

Ah yes. The international policy equivalent of stomping your foot down, crossing your arms and screaming “you can’t make me!”

1

Stock_Rush2555 t1_j1zwrxr wrote

Wasn't there also just a statement made that Russia is ready to pipe gas to Europe again, I think from Yamal?

I'm on shitty mobile or I'd look it up, but this was within the last week, and it had a definitive desperation to it

1

autotldr t1_j1v7wc7 wrote

This is the best tl;dr I could make, original reduced by 82%. (I'm a bot)

> Finding an antibody that attaches to the M protein - which flags it to the immune system - can stop the bacteria from infecting the body's cells - but these antibodies have proven hard to locate.

> The researchers therefore focused on examining antibodies in patients who had recovered from Strep A infection and identified three so-called monoclonal antibodies.

> Monoclonal antibodies are identical copies of each other, and in this case target a single protein of Strep A. The researchers then investigated in animal studies whether it is possible to use the antibodies to strengthen the immune system in its fight against the bacteria.

Extended Summary | FAQ | Feedback | Top keywords: antibody^#1 Strep^#2 protein^#3 bind^#4 infection^#5

−12

autotldr t1_j1v7vr2 wrote

This is the best tl;dr I could make, original reduced by 82%. (I'm a bot)

> Finding an antibody that attaches to the M protein - which flags it to the immune system - can stop the bacteria from infecting the body's cells - but these antibodies have proven hard to locate.

> The researchers therefore focused on examining antibodies in patients who had recovered from Strep A infection and identified three so-called monoclonal antibodies.

> Monoclonal antibodies are identical copies of each other, and in this case target a single protein of Strep A. The researchers then investigated in animal studies whether it is possible to use the antibodies to strengthen the immune system in its fight against the bacteria.

Extended Summary | FAQ | Feedback | Top keywords: antibody^#1 Strep^#2 protein^#3 bind^#4 infection^#5

−14

Pilotom_7 t1_j1vfp8v wrote

Wrong summary - unless You’re trying to Tell us something …

4

trextra t1_j1wbrf0 wrote

This is unintentionally very funny.

1

Accomplished_Line_67 t1_j1vkglr wrote

Y’all don’t even know that even the US still buys Russian oil.

−20

qainin t1_j1vlzry wrote

Not now. That has stopped. Europe will stop everything within four days.

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