from 21st Century Wire:

The geniuses in Washington, London and Brussels thought it was such a brilliant idea at the time. ‘Let’s slap a price cap on Russian oil and punish Putin!’

Well, the numbers are in and this half-baked master plan looks to have failed already. Russia is shipping crude through its ports at rates greater than last May. About 3.48 million barrels a day of oil are making their way to customers around the world, and their customers are happy, because they are getting a great deal (thanks to the collective West). This is only bringing the BRICS nations closer together, and making them more prosperous compared to their near bankrupt Western counterparts who are intent to pay over the odds for their American imports and ‘green energy’ deals. Quite simply, the entire Ukraine project and attempted wrecking of the Russian economy – has been an unmitigated disaster.