Russia vs. the United States: The Battle for India's Oil Market. Trump's Ultimatum

Will the US be able to force India to abandon Russian oil, and what's really behind Donald Trump's pressure? Boris Martsinkevich analyzes why this is purely geopolitics, not economics, and why American oil is technically incapable of replacing Urals crude at Indian refineries. Learn about India's technological dependence on Russian supplies and why attempts to find an alternative are doomed to failure. Why do political statements often diverge from reality? We'll find out in a new video from Geoenergy Info. At 00:00 the video discusses US sanctions on Russian oil: politics or economics? At 01:10 it covers gas supplies and where Russian gas is going now instead of Europe. At 02:51 the impact of sanctions on gas production and Russia's budget is examined. At 03:56 the video explains what is made from gas, from fertilizers to plastics. At 04:51 it compares LNG vs. gas chemicals and the future of gas processing in the Far East. At 05:29 it discusses oil refinery equipment and how Russia is solving the import substitution problem. At 06:48 it highlights import substitution successes: 100% Russian technologies in oil and gas. At 09:56 it explains why the Ministry of Finance is blocking deep processing. At 10:42 it covers Russian LNG technologies and how the Arctic Cascade works. At 12:28 it explains gasoline prices and how the 'Damper Mechanism' actually works. At 13:44 it discusses why gasoline prices will go up again, noting that 72% of the price is taxes. At 15:15 it covers tax reform and why the president's orders are not being implemented. At 16:02 it explains tax absurdity and how the British calculate the price of oil for the Russian budget.