According to Bloomberg, China and India are buying Russian crude at a 40% discount, and Moscow may be losing $4 billion in energy earnings every month as a result of its war in Ukraine.
The Easternmost members of the European Union, including Poland, Estonia, Latvia, and Lithuania, argued that the proposed $60-$70 per barrel for Russian crude is too generous and significantly higher than the prices Russia currently sells crude, which prevented the EU on Friday from reaching an agreement ...
