Russian Oil Sells for $79 in Asia

So, my initial reaction in a conversation to EU’s newly rolled out policy of price caps on Russian oil was this:

The Russians will sell the oil to the Indians for $75 and then will ship the oil to Europe at market prices and will pocket the difference…

Sheeit, I am a prophet, look at what is happening:

Source

Price controls are the stupidest policy in the history of economics…

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