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So oil dropping is like reverse tariffs


That's why China, India, and Vietnam have continued to purchase Russian oil, even if resorting to barter agreements such as Vietnam's procurement of the SU-35 [0] and India's agreement for a JV to domestically manufacture the SJ-100 [1] (which also helps their French partner Safran recoup costs, as Safran is part of India's domestic jet engine program and was a partner in the SJ-100 project before sanctions began).

And it's not like Asian countries are purchasing less from other sources either - they're just using the Russian barter to force MFN deals and discounts from other suppliers.

[0] - https://defencesecurityasia.com/en/vietnam-russia-su35-fight...

[1] - https://www.reuters.com/world/india/india-signs-pact-with-sa...




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