Stalled in Brazil? Oil imports soared, and Russia became the largest diesel supplier in Brazil!
Recently, an unexpected news has gone viral on the Internet: Russia has become the largest diesel supplier in Brazil, and Brazil has become the largest importer of Russian diesel. The twist is jaw-dropping. Brazil, once a major oil country, has fallen into extreme dependence on Russian diesel.
What is the reason for Brazil to sign a large number of diesel orders with Russia? Unexpectedly, India is closely related to this matter. Under the influence of the Russia-Ukraine conflict, Russia's economy fell into turmoil after being sanctioned by Western countries, so it looked for a new partner. India has seized the opportunity to buy large quantities of Russian oil, but it has pressured Russia at low prices and caused it to suffer huge losses.
This situation forced Russia to look for a second largest customer, and Brazil came into view. Brazil has emerged as a new buyer of diesel fuel in Russia. What is the reason behind this unexpected development?
India reaped huge profits at a time when Russia was in crisis, while Russia had to face a difficult situation and needed new partners. Russia, which has a deep foundation in China's oil **, has found that it is not feasible to expand the amount of oil ** with China in a short period of time. So they set their sights on another fast-growing country: Brazil. Brazil has risen in recent years to become a member of the BRICS organization, along with Russia and India, and the convenient conditions have made Russia choose to conduct a large amount of oil with Brazil.
For Brazil, access to cheap Russian oil is an excellent development opportunity. Petroleum resources are essential to the development of the country's industrial system, as China has demonstrated over the past few decades. A stable supply of petroleum resources is the cornerstone of the country's production of various products. In the face of the advancement of the energy revolution and the gradual shrinking of the oil market share in the future, although Russia is reluctant to sell oil to India at a low price, it can only sell its own resources at a low price in the face of Western sanctions and the need for capital development.
Brazilian and Russian oil** are gradually climbing, with total imports of Russian oil products surging by 400% in 2023 compared to the previous year. In some cases, more than 90% of the imported diesel products used in Brazil came from Russia. Russian energy companies are also offering discounts to Brazil to encourage it to continue buying Russian oil.
However, the problem remains. Why is Brazil** so keen to buy Russian oil? What are the details worth paying attention to behind this oil?
In the eyes of Brazil, by purchasing Russian oil, it can provide petroleum products to the Brazilian people at a cheaper price, improve living standards, and achieve the goal of improving national happiness. Especially for the current Brazilian ** Lula, this is a political opportunity. As a left-wing political leader, he campaigned for the protection of the rights of workers and ordinary farmers, and oil resources are essential to social life.
How to skillfully use the advantages of the "small circle" in this oil transaction, buy Russian oil cheaper, win political capital for himself, and achieve a double harvest of the country's economy and society has become an important topic.
At the same time, countries such as Brazil and India import oil from Russia not only for their own people, but also use this channel to secretly earn some extra money. Behind this kind of operation, there are often some unknown business practices, such as the smuggling of Russian oil involved in British cruise ships. Constrained by the West's long-term blockade of Russian energy**, some countries can only buy Russian oil through such abnormal channels to seek more profits for themselves.
The development of the whole event reveals the huge demand for energy in the world. Some Western countries have imposed a prolonged blockade on Russia in pursuit of their own interests, while ignoring the livelihoods of ordinary people. In the cooperation between Brazil and Rosneft**, the global political landscape is undergoing multipolar changes, and the balance of power is being adjusted.
This may be the prelude to a new era, in which every country and every person will become a witness and participant in this great era. Behind Brazil's emergence as the largest importer of Russian diesel is a huge political and economic change in the world. How to find one's place in this era will be a common challenge for every country.