- Jan 17, 2017
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Energy crisis - the structure of the moment
USA: 30% increase in gas prices in April and 18% over the past 3 days. Amid a record release of strategic oil stocks designed to lower the price of gasoline, gasoline prices resumed their growth and reached $4.2 per gallon
EU: 38% rise in energy prices in April. $1,079.5 per thousand cubic meters - gas futures in the EU at auction on Wednesday - according to data from the London ICE exchange
India: sharply increased supplies of Russian oil since February and increased them by 20% by today compared to the entire volume of purchases for the whole of 2021
China: 60% growth in gas supplies from the Russian Federation through the "Power of Siberia" since the beginning of the year. Independent refineries in China have increased purchases of Russian oil, state-owned companies PetroChina, Sinopec, Sinochem and CNOOC maintain current purchase volumes
Germany: German Economy Minister Robert Habeck said today that the imposition of an embargo on Russian oil by the EU will lead to a further increase in oil prices
Hungary: EU embargo on oil imports from Russia will destroy Hungary's economy, Foreign Minister Peter Szijjarto said today
Slovakia: Slovak Ministry of Energy Karol Galek said today that the ban on Russian oil will destroy the economy
Latvia: firewood prices almost doubled compared to 2021, the price of 2 cubic meters rose to €220
EU: EU Permanent Representatives on Wednesday failed to reach an agreement on an embargo on Russian oil imports
OPEC: Cartel Secretary General said today that there is no free capacity to replace Russian oil in the world
And Russia has not yet begun to impose retaliatory sanctions.
Hi @N-i-k-s-o-n
So, Russia is doing well with this "let's attack our brothers in Ukraine .. "
Attack On Europe: Documenting Russian Equipment Losses During The 2022 Russian Invasion Of Ukraine
Russia - 3420, of which: destroyed: 1862, damaged: 63, abandoned: 266, captured: 1229
![1651768657493.png 1651768657493.png](https://ipcamtalk.com/data/attachments/127/127266-c72ec5f9c9fbca3463961c798a032f98.jpg?hash=xy7F-cn7yj)
ref:
Putin's war is taking Russia down .. GDP projected to drop 8.5% .. consumer prices up 21% .. @N-i-k-s-o-n this should make you very upset at Putin .. this war DID NOT need to happen ..
2022 Projected Real GDP (% Change) : -8.5
2022 Projected Consumer Prices (% Change): 21.3
![1651769102538.png 1651769102538.png](https://ipcamtalk.com/data/attachments/127/127267-164494095cb3555310bdc522e8082ab7.jpg?hash=FkSUCVyzVV)
ref:
Russian Federation and the IMF
www.imf.org