Moscow's newly minted friend, Iran, is preparing to flood Europe with its oil, in place of the departing Russian. Another blow in the back for the Russian Federation

Moscow's newly minted friend, Iran, is preparing to flood Europe with its oil, in place of the departing Russian. Another blow in the back for the Russian Federation

By:
YURIY ROMANENKO

Yuriy Romanenko: Iran plans to increase oil production by 2.5 million to 3.8 million barrels per day. Another development of events could not be expected: the isolation of Russia will benefit the countries that were previously in a similar situation themselves, but thanks to the "special operation" drew the lucky ticket.

Photo: UKR Life screenshot

Iran is preparing to flood Europe with its oil in place of the departing Russian energy carriers: Moscow's new friend has accumulated 100 million barrels of oil that can go to the West at any moment. Tehran is just waiting for the green light.

According to Goldman Sachs, due to the embargo on Russia, a niche of 1.25 million barrels per day is opening up in the European market, which is being targeted in Iran. Current oil reserves will reach Tehran to close the vacated niche in two and a half months. In total, after the lifting of the embargo in Iran, they plan to export three million barrels per day.

Along with this, Iran plans to increase oil production by 2.5 million to 3.8 million barrels per day. Another development of events could not be expected: the isolation of Russia will benefit the countries that were previously in a similar situation themselves, but thanks to the "special operation" drew the lucky ticket.

The lifting of the embargo on Iranian oil will become a real fiasco for Russian diplomacy and foreign policy strategizing, which will be handed over to domestic consumer information, "chewed" as another blow in the back. The irony of the situation is that around the besieged fortress, as the system elders try to present the Russian Federation, there is a 360-degree "back", which is why the blow always hits it.

Source: Romanenko Dreams&Nightmare Show / Telegram

Yuriy Romanenko is the editor-in-chief of the information and analytical portal "Hvilya", journalist and blogger, co-founder of the Ukrainian Institute for the Future.