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A U.S. Air Force F-16 Fighting Falcon from the the 408th Fighter Squadron, Spangdahlem Air Base, Germany, flies a training sortie Sept. 9, 2015, over Germany.
A U.S. Air Force F-16 Fighting Falcon from the the 408th Fighter Squadron, Spangdahlem Air Base, Germany, flies a training sortie Sept. 9, 2015, over Germany.
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U.S. Army soldiers take part in a joint military drill of South Korea and the United States in Paju, South Korea, Friday, Jan. 13, 2023.
U.S. Army soldiers take part in a joint military drill of South Korea and the United States in Paju, South Korea, Friday, Jan. 13, 2023.
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Computer scientist Geoffrey Hinton stood outside a Google building
Geoffrey Hinton told MIT Tech Review about his worries over how AI tools, which he helped pioneer, will be used.
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Russian military conscription soldiers troops Grozny Chechnya
Conscripts stand at a Russian military conscription office in Grozny, Chechnya on November 17, 2014.
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Ukrainian artillery fires towards the frontline during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023.
Ukrainian artillery fires towards the front line during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023.
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A rocket is launched from a truck-mounted multiple rocket launcher near Svyatohirsk, eastern Ukraine, on May 14, 2022, amid the Russian invasion of Ukraine.
A rocket is launched from a truck-mounted multiple rocket launcher near Svyatohirsk, eastern Ukraine, on May 14, 2022, amid the Russian invasion of Ukraine.
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Ray Dalio, founder of Bridgewater Associates LP, speaks during China Development Forum (CDF) 2023 at Diaoyutai State Guesthouse on March 25, 2023 in Beijing, China.
Ray Dalio, founder of Bridgewater Associates LP, speaks during China Development Forum (CDF) 2023 at Diaoyutai State Guesthouse on March 25, 2023 in Beijing, China.
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Russian military
A military cadet stands in front of a billboard promoting contract army service in Saint Petersburg on October 5, 2022.
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Hey there market people. Phil Rosen here. 

I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels. 

The clearest takeaway is that the West's sanctions do in fact seem to be taking a toll as intended — Moscow's export revenues are down, but plenty of oil remains available as far as global supplies.