Indian buyers went on a shopping spree last month—Russian crude imports jumped 20% as traders scrambled to fill tanks before sanctions hit. The rush is over now. Shipments have dropped off sharply since then.
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SatoshiNotNakamoto
· 4h ago
Haha, this rush to buy is so ironic, I even took off my pants for nothing.
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RadioShackKnight
· 12-08 14:00
The bottom-fishing rush is over, now it's just a matter of seeing who needs to cut their losses.
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GateUser-e19e9c10
· 12-08 13:57
Isn't this Russian oil buying frenzy just a classic "pre-deadline rush"? As soon as the sanctions take effect, orders will freeze up.
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NotFinancialAdviser
· 12-08 13:54
A typical buying frenzy. When sanctions hit, everyone panicked. Now that no one is buying, of course the price will drop.
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ContractBugHunter
· 12-08 13:52
Haha, a classic rush-to-buy scenario. When the sanctions hit, everyone panicked, and now things have cooled down again... The Indians really played this move cleverly.
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CryptoHistoryClass
· 12-08 13:40
ah, the classic front-running panic followed by immediate capitulation... *checks historical oil import charts* this is exactly the playbook we saw in 2008 when everyone rushed to lock in prices before the crash. the pattern never changes, just the commodities do. fascinating how mass delusion operates on schedules
Indian buyers went on a shopping spree last month—Russian crude imports jumped 20% as traders scrambled to fill tanks before sanctions hit. The rush is over now. Shipments have dropped off sharply since then.