Oil rocker. File photoMOSCOW, May 10. The European Union is trying to influence Moscow in the Ukrainian conflict by giving up Russian oil. But the profits here are purely political — the damage from this decision for the economies of the Russian Federation and the EU is very tangible. Only a third party benefits, Igor Galaktionov, an expert on the stock market at BCS World of Investments, told the Prime agency. For example, diesel fuel from the Russian Federation accounts for up to 70% of imports. Local oil refineries and transport infrastructure have been tuned for Russian supplies, and the logistics of supplies have been worked out. All this needs to be transferred to a new track, such work cannot be done in a matter of months,” he pointed out. LNG, the media said, means the timeline for failure could stretch for months, if not years. At the same time, no one can yet replace Russian oil — most countries are reducing production, and by throwing in additional volumes from US reserves, you will not tighten the “hole”. The only winners will be the Persian Gulf countries, which will receive huge incomes from the sale of oil at high prices, and China and India, buying up Russian “black gold” at a discount, the expert summed up.
