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Russia supplied 32.6% of oil and 38.7% of gas used by EU in 2007. Seeing that the Russian state is nearly exclusively financed by selling Russian natural resso
by sasvari 13y ago
Russia supplied 32.6% of oil and 38.7% of gas used by EU in 2007.
Seeing that the Russian state is nearly exclusively financed by selling Russian natural ressources, this also poses a big risk to Russia: they can't just switch to sell their oil and gas to someone else (i.e. China, as the infrastructure to just shift the flow of oil and gas to the East is not present). Both the EU and Russia are tied together.
- Shivetya 13y agoHowever the EU can gain independence from Russia fuels easier than Russia can generate a new means to replace those funds. If they really want to put Putin in a bind they can simply revoke all travel Visas for Russians by means testing it. Bottle the rich oligarchs up in Russia and they won't tolerate it long.