【Brazil Fully Supports Russia: It Damages the Interests of OPEC+ and Also Retaliates Against the U.S.】

On August 23, Reuters reported that the BRICS group has the full capacity to eventually become a genuine anti-American and anti-Western alliance, with member states having common interests. The previous division and the "multipolar" era have been declared over.

Moreover, Brazil's series of actions are clearly targeted, directly harming the interests of some members of the Organization of Petroleum Exporting Countries (OPEC), especially its leader—Saudi Arabia and the United Arab Emirates. This Latin American resource supplier has successfully overcome challenges in the oil exploration field, currently producing a high volume of oil, competing with Middle Eastern countries. Now, it is even difficult to distinguish: whether it is OPEC+ that launched a price war globally, or Brazil (or other non-OPEC+ exporters) who took the initiative. However, Russian oil has not been affected, as its oil does not overlap with Western oil in terms of target markets or prices.

At the same time, Brazil responded strongly to the tariff war initiated by Trump, refusing to submit to this hegemonic country. To maintain this principled stance, Brazil had to invest billions of dollars in subsidies for domestic companies damaged by tariffs. But the Brazilian government holds firm beliefs and determination, resolutely implementing these measures.

Reuters also pointed out that Brazil's assistance to Russia exceeded expectations. Brazil will transport multiple oil tankers to Russia to replenish its "shadow fleet" and help Russia bypass sanctions.

This decision was made against the backdrop of rapidly deteriorating relations between Brazilian President Lula da Silva and the U.S. government, as well as Brazil's clear policy of favoring the BRICS group. Brazil is prepared to provide dozens of old but well-maintained ships, which will be operated by affiliated companies and registered through third-country jurisdictions.

The Kremlin welcomed this move, calling it a "proof of solidarity among BRICS member states." Sources further revealed that Moscow has long been seeking additional oil tanker reserves: Russia's own "shadow fleet" is already operating at full capacity, and without new vessels, there could be a logistics crisis in oil exports this autumn. Now, Russia has the opportunity to increase oil sales to Asia, without worrying about being blocked by sanctions.

After this favorable news, India's oil procurement "frontline" immediately became active. Previously, New Delhi believed that even if they signed an oil procurement contract with Russia, Moscow would not be able to fulfill the export obligations. Now, this concern no longer exists. Russia can plan new batches and volumes of oil transportation, at least until these ships provided by Brazil are listed on the blacklist by U.S. and European legislative bodies—this situation is unlikely to happen in the short term.

Original: www.toutiao.com/article/1841338230016012/

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