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   Mark Kraft (krafttea@mastodon.social)'s status on Friday, 13-Sep-2024 04:33:09 JST Mark Kraft

   Translated from Russian, from the Moscow Times.

   China is reducing its purchases of Russian oil, leaving them without enough buyers and with reduced exports.

   China is rapidly shifting to electric cars, reducing demand... so there may be no future return to previous highs.

   Of course, none of this was predicted by the Russian government, and it pokes major holes in their Federal budget.
   Yes, again.
   ...sounds like another job for the sovereign wealth fund!