Russia Could Still Export Its Oil

The video discusses the impact of oil pricing on Russia, highlighting that Russia's production costs are low, allowing it to profit despite sanctions. It compares Russia's situation to Iran's under sanctions, noting that Russia can still export oil through pipelines. The video explores potential shifts in the oil market, with countries like China and India buying Russian oil at discounted rates. It also examines Russia's possible responses to price caps and the uncertainties these create in the market. Finally, it considers the future of sanctions and the potential for resuming free trade.

What role do China and India play in the current dynamics of Russian oil exports?

What uncertainties are affecting the oil market as mentioned in the text?

Discuss the potential for a resolution regarding sanctions and free trade with Russia in the future.