RE:RE:RE:Trudeau plan to ban Russian OilA statement not to buy Russian products is symbolic mostly, much as the Americans put a nix on Cuban cigars. Most of the Vodka people drink does not come from Russia and any Crude that ever came from Russia would have been of very limited volumes. The first victim in the event of war is always truth. For instance nat gas inventories in Europe versus the 5 year average have been rising for over a month now and continue to rise. Also SWIFT payments for Oil and Gas are usually made through correspondent banks which are neither Russian or Canadian or even American. The majors such as BP , Shell, Total etc. Do not use L/C 's to transact business . Neither do any other government backed trading entities. I would also surmise that the major trading houses who have been dealing with Russia for decades do not need L/C's
Western leaders have given Russia the opportunity on a plate , by weakening their own energy self sufficiency, Rather than atoning and making real plans to avoid worsening the situation , they now stand up on their hind legs and bark !!