How to Kill Russia’s Oil Economy. More effective sanction...

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2024-01-31 06:29:18 - Translate -

How to Kill Russia’s Oil Economy. More effective sanction measures combined with Ukrainian drone attacks could bring Russia to its knees.

Russia’s economy is not particularly large, adding up to about $1.5 trillion, vacillating with the unstable ruble. It is highly vulnerable because Russia lives on commodities exports that are difficult to transport and are now subject to Western sanctions. The majority of its exports are commodities, especially when petroleum prices are high. Its total export revenues fluctuate...

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