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Kneepi t1_j1vn9f7 wrote

Reply to comment by NaCly_Asian in Putin bans Russian oil exports to countries that imposed price cap -decree by PatientBuilder499

That's not how oil wells work, well they do, but it would be a disaster for Russia's future.

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Consistent_Box908 t1_j1vo09w wrote

You are right. You stop using the well and you simply killing it. It’s not something that can be just stopped and started once in a while. The whole infrastructure would be devastated. If this were so simple they would have stopped by now. They simply can’t.

Btw it’s British/Americans companies that provide insurance for the ships. So if India doesnt have a pipe that covers 90% of their demand they will pay higher price anyways cause someone needs to ship it.

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bigcaprice t1_j1xkxir wrote

> it would be a disaster for Russia's future.

In that case I'm going to assume that's exactly what they'll do.

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