3min chapter

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Radio War Nerd EP 383 — Economic/Ukraine War Update, feat. Ben Aris

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CHAPTER

The Russian Oil Price Cap and the International Insurance Club

The West overestimated their power here in so much as they thought over this 5% is insignificant. But it turns out it's not insignificant. The Russians have, through Rosco Strach, the Russian insurance agency, they've ensured their own ships. And then all the people who are not complying with sanctions, they're like, fine, you've got insurance. They really know what to do. It's one of their strong points. I mean, the Russians, you know, Russian-Machia, financial scams,. You know, show companies, they're really good at this. Yeah.

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