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Western countries declared an economic blockade on Russia as they say in the media. The entire civilized world decided to ban imports of Russian oil to cut the state budget. But guess what? Despite the oil embargo, Russia continues to replenish the budget with oil revenues. Let's dive in and see how that’s possible. I’m The Researcher. This channel tells a straight story about economics and politics, how policy choices, central banks, budgets, trade, and geopolitics move prices, jobs, and our lifes. Why inflation rises or falls, how elections shift markets, what energy shocks mean for your wallet. If you think about any of these things at least once a week, welcome to the channel. Looking ahead to technology and the technological singularity? AI, automation, chips, and quantum and what they mean for jobs, security, and sovereignty? Welcome as wellI also keep the curiosity switch on with accessible science popularisation across social science, biology, and statistics, always anchored in evidence and critical thinking. Subscribe for clear, forward-looking insight you can act on. WATCH THE VIDEO "How WhatsApp led to tragedies in India" - • How WhatsApp led to tragedies in India =========================================== Support us on Patreon - / theresearcher The voice of The Researcher - https://www.voiceofgeorge.com/ =========================================== More about global economy - • Global Economy & Finance Sources - https://docs.google.com/document/d/1D... =========================================== Navigation: 0:00 – Intro 1:07 – Friendship pipeline 2:41 – Russia-West Trade 6:47 – 3 billion friends 14:21 – Breaking the price ceiling 17:00 – The shadow fleet 20:15 – Not a Disaster, but Far from a Walk in the Park 23:03 – Is Russian doing well? #russia #china #west #oil #sanctions #putin #xijinping