Russia has successfully evaded Western sanctions following its 2022 invasion by redirecting trade flows and engaging in diplomatic efforts, as detailed by Michael Corbin. The country has increased oil exports to China, India, and Gulf nations, circumventing sanctions and boosting its economy.
In the midst of escalating shipping disruptions in the #RedSea, a new report has shed light on #SaudiArabia’s Aramco circumventing the #Houthi-led crisis, showcasing the oil giant’s resilience and strategic advantage. https://t.co/9okylwa0rC
Russia’s exports to India were $52 billion in the first nine months of 2023, a sharp jump from $8 billion for all of 2021. More from Michael Corbin: https://t.co/Lgsv8nMdGS
Michael Corbin: Russia has actively engaged in a wide array of diplomatic activities to save its economy from sanctions, ranging talks with India and Iran to efforts to expand BRICS and the Eurasian Economic Union (EEU) https://t.co/Lgsv8nLFRk
Michael Corbin: The data clearly underscores the momentous redirection in Russian trade flows in the two years since Russia’s invasion of Ukraine. This, above all, has allowed Moscow to avoid the expected 'crush' from sanctions. https://t.co/Lgsv8nLFRk
In 2023, Russia beat Saudi Arabia as China's top oil supplier, providing 107 million tons, equivalent to 2.1 million barrels per day. This transition was driven by Western oil bans, prompting Russia to pivot towards Eastern markets. China and India eagerly purchased Russian…
Watch: A fleet of shadow tankers is carrying Russian crude to oil-rich Gulf nations, helping the Kremlin to skirt Western sanctions. Here’s how countries including the U.A.E. and Saudi Arabia profit from the trade. https://t.co/kY0ISZNmYA https://t.co/kY0ISZNmYA
While Western sanctions intended to hamper Russia’s war effort and foment domestic economic and political instability, most have not achieved these objectives, writes Michael Corbin https://t.co/Lgsv8nLFRk
Russia not only did an end-run around sanctions but has been feeding an evolving alternative framework that "has the potential to disrupt the traditional 'rules-based global order' if not undermine it," writes Michael Corbin. https://t.co/Lgsv8nMdGS
NEW Michael Corbin breaks down, in detail, how Russia has thwarted Western plans to "crush" its economy following the 2022 invasion. https://t.co/Lgsv8nLFRk