U.S. and NATO sanctions on Russia have failed, Western media admits.
Sanctions have not been able to curb the flow of cash from the Kremlin's most valuable
asset, oil.
Russia is the third largest producer in the world, and this year its oil and gas revenues
are expected to increase by 2.6%, reaching nearly $240 billion.
Despite all the sanctions, the Kremlin is still making so much money from its oil.
Now there's a video here from 60 Minutes, it's almost 4 minutes long, it's a great
video, this guy basically summarizes how Russia is able to sell its oil anyways, despite sanctions.
Effectively, it's sort of disguising the ships that's carrying the oil, transporting
them, changing ships like in midstream, you know, mid ocean, and selling a lot of it
to India.
And then India is supplying other parts of the world.