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> This is also a very negative thing for Putin and Russia This is to prepare for Russia cutting off gas entirely to the EU, which would cause harm to Russia's
by ceeplusplus 4y ago
> This is also a very negative thing for Putin and Russia
This is to prepare for Russia cutting off gas entirely to the EU, which would cause harm to Russia's O&G revenue as a result of Russia's strategic choice, not due to EU actions.
Russia is making record profits off high gas prices, there were no negative results to their energy industry from their invasion. All of the negative results were from sanctions on the rest of their economy and from freezing their USD/EUR currency reserves.