The Euro's Price Collapsed to $35 a Barrel

Before the war, it had a $2 discount to Brent. The Euro's price is very specifically on this European route. And with the self-sanctioning that went on, the volume of that oil has collapsed. But Russia was still selling to India and China and getting $75.80 a barrel for it. Why? How are they able to do that? It's not because they're in competition with other oil. Indians, the Chinese, they're imported. No one was expecting that to happen.