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I think because of this you'll continue to see outsized investment in not buying oil from Russia. I think they may have had the opposite effect in almost every
by jethro_tell 5y ago
I think because of this you'll continue to see outsized investment in not buying oil from Russia.
I think they may have had the opposite effect in almost every realm they wanted to play in.
They have shown they are not a military power other than nukes, they have pushed nations into fast tracking NATO and EU memberships, They have weakened the interest in turning the blind eye and buying their oil. There will certainly be countries that will buy out of necessity but I expect that to become increasingly unpopular as this goes on.
Even if they take Ukraine for oil, I do not expect them to make back even close to what it cost them, both politically and financially.