In the USSR,
It's cute that you think I care about USSR or Russia for that matter 1. Yesterday's news - Saudi Crown Prince Mohammed bin Salman, at the request of the United States, announced an increase in oil production to 13 million barrels per day (currently at 10 million). That is, the market will receive 3 million barrels more daily. Is it a lot or a little?
First we have to see if they actually increase production that much and if Aramco is going to blow up again cutting the current production by another 50% dropping 10 million to 5!By the way EU imports between 13 to 15 million barrels of oil per day.
Quote
2. Iran. Southern Azadegan. Who does not know - a large oil field in Iran, separated from the Azadegan field in 2006. Recoverable oil reserves in Azadegan are 9 billion barrels (about 1.2 billion tons), or 1/8 of ALL RESERVES of Russian oil (mostly difficult to produce). Now the field is already producing oil and is actively developing.
None of it will go to the West though.Iran is selling some small amounts to the West which there is no plan to increase it in near term. For example we recently learned from the US senator that the US Navy, the same Navy that idiot called Trump threatened Iran with, has been running on Iranian fuel LOL.
Quote
By the way, the daily production of natural gas at the 11th phase of the South Pars field will be 14 million cubic meters!
Same with gas, none of it will go to the West.Quote
At the same time, I do not exclude at all that such countries as Venezuela, Iran - can make a "deal with the investigation", or rather with the United States and in exchange for oil supplies to the US market (primarily Venezuela), and the EU (more likely Iran), and gain more loyalty and lift some sanctions....
Although when it comes to politics we can't talk in absolutes but this is not possible. You see the problem is that more than 60% of the world is under US sanctions one way or another. So at some point it is US that is under sanction by the majority of the world.What you are also forgetting is that the current war is between East and West not between Russia and Ukraine.
In this face off, Iran is in the Eastern bloc and is becoming the center of all trades. In other words there hasn't been any need to export anything (more than what existed for years) to the "West".
South America is also a region that US has been losing for some time, almost all countries there are moving to Anti-US governments and most of them are playing with the Eastern bloc too. Fun fact: for the first time in history a foreign super power (Iran) is going to hold military drills close to US waters next month with Venezuela (bye bye Monroe Doctrine haha).
Quote
1. Russian oil exports will irreversibly lose the European market. At what without harm to the EU but with huge losses for Russia.
Russian economy is harmed and will be harmed but nowhere near as much as EU economy is and will be.Remember the Iranian tanker that Greece seized and was later forced to give back? That is carrying Russian oil to Western Europe.
In other words EU will continue funding the Russian invasion.
Quote
2. Will the active development of production in Iran lead to increased price competition in the Chinese and Indian hydrocarbon markets?
No because there is an alliance between Iran and China which India also wants to be part of. Not to mention that the increased production is because of increased demand, all of which came from the East not the West since Iran is still under Western sanctions (or as I said West is under Iranian sanctions, yesterday alone 61 Americans were sanctioned by Iran).Quote
I understand perfectly well that these countries have no other buyers,
Iran has been selling its energy to more than a hundred different countries including United States.Quote
3. Countries dependent on Russia's "antics" in the hydrocarbon market will very quickly find adequate suppliers, and in the short term the problem will be solved.
It's been 5 moths bro, how much longer is "short term"?