Biden is flooding the market with oil in additional volumes of 1 million barrels per day, when Russia supplies 3 million barrels per day.
Venezuela, Iran and the Middle East refused to meet the West to increase supplies. Shell has found a creative way out of this situation:
Shell, which has “left Russia”, has amended the company’s contracts and regulations, and from now on only oil consisting of more than 50.01% of the oil produced in the territory of the Russian Federation is considered Russian oil.
Thus, buying 49.99% of Russian Urals and mixing with other varieties in the Latvian port, we get a cocktail of “non-Russian” oil Made in Latvia.