i guess the question is who can lost longer, Europe with their energy crisis or Russia with their war. iirc the transactions involving energy between Germany an

i guess the question is who can lost longer, Europe with their energy crisis or Russia with their war. iirc the transactions involving energy between Germany and Russia have been excluded from the SWIFT sanctions, or it was at least on the table, which is probably what got Germany on board. If the energy crisis deepens i bet more and more exceptions will be made to the sanctions to keep the gas pipelines flowing and flowing cheaply. "But, out of a sense of political self-preservation, they stopped short of barring energy transactions with Russia. The result is that Germany, Italy and other European nations will continue purchasing and paying for natural gas that flows through pipelines from Russia — through Ukrainian territory that is suddenly a war zone." https://www.nytimes.com/2022/02/26/us/politics/eu-us-swift-russia.html https://www.nytimes.com/2022/02/26/us/politics/eu-us-swift-r... edit: in the US, oil hit $106/bbl which is a 7 year high