The Long Term Effects of the Russian Oil Market?

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As china buys more russia, it will buy less from other places. And at the same time, you're going to see europe scrumbling for supplies. The shifts in floes are likely to last because there is a certain rigidity to the oil market and refineries generally set up to accept certain types of oil which have a certain sulphur content.

Prime Minister Imran Khan seems to be trying everything to avoid an ouster. The powerful military brass may simply want a new leader who is less hostile to the West. Calls for tough sanctions on Russian oil are multiplying. But demand for it has already plummeted—and China and India sniff a bargain. And the earthworm invasion beneath North America’s soil. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer