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Effect Of EU Sanctions On Russian Oil And Gas - Politics - Nairaland

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Effect Of EU Sanctions On Russian Oil And Gas by Elbinawi: 3:17am On Sep 01, 2022
Effect of EU sanctions on Russian oil and gas:

➡️The annual inflation rate for the Eurozone's 19-strong countries has hit an all-time high amid soaring energy prices fueled by the war in Ukraine.

➡️Countries in #EU buy Russian Oil from Indian companies who buy from Russia and resell at a higher price.

➡️ Countries in EU buy Russian Gas from Chinese companies who buy from Russia and resell it to EU at a higher price.

Inference:

The debilitating Western sanctions on Russia is having the opposite effect. Instead of crippling the Russian economy, the Western economics are taking a hit.

Today September 1st Russia just closed the tap of it gas supply to Europe for the maintenance work on the pipeline. The gas prices in Europe will escalate more.

And the winter season is approaching.... Some Europeans that replied to my Tweets yesterday said they are worried about this development. Can we start the campaign "Pray For Europe!"?

#ElbinawiTweets
Re: Effect Of EU Sanctions On Russian Oil And Gas by Praxis758: 3:35am On Sep 01, 2022
The ability of Russia to survive this gang up through economic sanction has bred a new ground for political economists and diplomatic academicians to study and research on.

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Re: Effect Of EU Sanctions On Russian Oil And Gas by gaby(m): 4:01am On Sep 01, 2022
Putin wan test run the off/on switch ahead of the winter Olympic games.

Yeye arrogant dumbos...
Re: Effect Of EU Sanctions On Russian Oil And Gas by incandescentena: 5:30am On Sep 01, 2022
Putin is the right man to reset the worlds mumu order

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Re: Effect Of EU Sanctions On Russian Oil And Gas by joyandfaith: 5:36am On Sep 01, 2022
Yeye analysis. Even Nigeria survived sanctions during Abacha regime. But how did citizens fare? Even north korea and Iran are surviving sanctions. Economic war is better than military conflicts.

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