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Actually EU and US is still traded with Russia
by astkaasa 5y ago
Actually EU and US is still traded with Russia
- simonh 5y agoThis is an important point, we have not cut off Russia completely because Europe is heavily dependent on it's oil and gas. What we have done is shut down almost everything except that critical oil and gas (and probably wheat). Since 2014 Europe has invested a fair bit in diversifying it's potential energy sources by building gas shipping terminals and increasing integration between national pipeline infrastructure, and this will need to be put into overdrive.