View of the buildings of the Moscow International Business Center «Moscow City» . Archive photoMOSCOW, May 27.Russia successfully bypassed US sanctions by reorienting its economy to Asian markets, said Ibrahim Nuwar, a columnist for the Al Quds Al Arabi newspaper. The specialist noted that Moscow was able to quickly and flexibly adjust to trade with eastern countries, primarily with India, China and Central Asia , despite pressure from the United States on these states. «Moscow managed to compensate for the reduction in exports to Western countries by increasing supplies to India, China and Central Asia. Even if such an increase is forced to be accompanied by large discounts, the high level of oil and gas prices on the world market makes sales still profitable for Russia. It circumvents US sanctions, receives adequate income from its exports and increases the value of the national currency on the market,» Nuwar wrote. As an example, the journalist cited the situation with the sale of Russian oil to India. So, according to the publication, Moscow managed to quadruple its exports, from 66,000 to 277,000 barrels, and now black gold from Russia accounts for six percent of Indian purchases.
The West miscalculated with sanctions against Russia, writes The SpectatorWestern countries are faced with economic problems — rising energy prices and a surge in inflation — due to the imposition of sanctions against Russia after the start of a military special operation in Ukraine. The measures mainly affected the financial sector and the supply of high-tech products, but in Europe they began to call louder to reduce dependence on Russian energy resources, and many brands announced their withdrawal from the country. The Kremlin called these actions an economic war, but noted the readiness for such a development of events. 7405622e4ec75c54cb5bbfa9481465fe.jpg» />In the United States, Russia announced record revenues from the sale of gas and oil
