The editors of the Washington Post are chagrined that the economic sanctions imposed on Russia are not working particularly effectively:
Longtime visitors to Moscow and other cities report that shelves are full and daily life is visibly unchanged, thanks partly to huge state subsidies. It is now clear that the West’s campaign to weaken Russia’s finances in hopes of dampening Mr. Putin’s resolve and popular support will be a slog, not a sprint.
Still, Washington and its allies retain potent ways to undercut the Kremlin’s war-making capacity over time — if they are honed and intensified. Better coordination and tighter enforcement of existing restrictions hold the key to sharpening the war’s costs for Russian industry and consumers, and to further sapping Russia’s ability to continue manufacturing high-tech weapons.
A report by Shweta Sharma in The Independent explains why that might be:
The European Union is still the largest importer of oil products from Russia among the countries that have imposed some of the strictest sanctions on Moscow since the invasion of Ukraine, new data has revealed.
It is because the EU indirectly imported oil from countries that have become the main buyers of energy from Moscow undermining its own sanctions.
Five “laundromat†countries that export Russian crude to the EU were identified by the Centre for Research on Energy and Clean Air (CREA) in its new report.
The countries ramp up their imports and sell the refined products to Western counterparts that have imposed sanctions to whittle down the Kremlin’s revenues that fund the Ukraine invasion.
The five countries are China, India, Turkey, the United Arab Emirates (UAE) and Singapore.
And guess which country is the biggest importer of oil products from India? The United States, of course:
But the surprise is that the United States has emerged as the biggest purchaser of refined oil products from India, despite protestations periodically about India continuing to trade with Russia in defiance of Western-led sanctions imposed in the wake of its invasion of Ukraine.
U.S. and EU sanctions on Russian oil exports “do not apply to refined products produced from Russian crude exported from a third country as they are not of Russian originâ€.
“People were asking where all the Russian Urals crude could go if Europe wasn’t buying. When India took 1.2 million bpd in December, they said surely India cannot do more. And in January, it is 1.7 million bpd,†Viktor Katona, lead crude analyst at Kpler, a data and analytics firm told The Telegraph. The newspaper says that India’s purchases of Russian crude oil have gone up to 1.7 million barrels per day in January this year.
Doubling down on sanctions against Russia and, particularly, limiting exports to Russia more severely as the editors propose, is mere theater. To have any real impact the reach of the sanctions must be extended to include China, India, Turkey, the UAE, and Singapore. Need I point out that if you do not will the means you cannot will the end?







