Ukraine must destroy three to four oil refineries per month to provoke a fuel crisis in Russia, said the director of the energy programs at Razumkov Center, Volodymyr Omelchenko. According to him, over 30 large oil refineries in Russia have a total capacity of 330 million tons. So far, Ukraine h... #FuelCrisisRussia #OilRefineryRussia #PetroleumProducts #RussianEconomy #RussianOil #RussiaOilRefineryDamages #RussiaProfits
Although its economy is very vulnerable, Moscow has no financial incentive to stop the war. Russian President Vladimir Putin may reconsider his position on continuing the war against Ukraine if the West can squeeze Russian oil revenues, according to a Reuters study. Despite the sanctions and... #Putin #RussianAgression #RussianEconomy #RussiaProfits #WarinUkraine
The Russian Federation’s export revenue falls by 28%. The main reason for the change in trade balance is the effect of sanction restrictions. The most painful blows to exports are a reduction in the supply of raw energy supplies and a decrease in their p... #AgroRussia #Gazprom #Russiaexport #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
Russia has not yet felt the full force of its sanctions, but in the coming years, a collapse is inevitable. Sanctions against Russia have damaged its economy and weapons production capabilities and created problems for years to come. But their impact has developed more slowly than expected. This is perhaps ... #RussianEconomy #RussianFossilFuels #RussianOil #RussiaProfits #SanctionsAgainstRussia
The Russian economy cannot win or lose the war. The dependence of the Russian economy on military spending has reached such a level that it cannot afford to win or lose a war, said Renaud Foucart, a professor of economics at Lancaster University. T... #RenaudFoucart #RussianEconomicLosses #RussianEconomy #RussianMilitary #WarinUkraine
Russian exports fell almost 30% in a year, and US sanctions have blocked their tanker fleet. According to Reuters, the total volume of Russian exports decreased by 28.3% to $425.1B. The most noticeable drop was in European supplies, which was by 68% to $84.9B. On the other hand, exports to As... #OilEmbargo #Russiaexport #RussianEconomy #RussianOil #SanctionsAgainstRussia
Russia threatens the West with $288B in losses for blocking its assets. Russian propaganda media have calculated that Western companies may lose $288B in response to the confiscation of Russian assets. The G7 leaders will agree to develop a stronger statement of intent to... #G7 #investments #RussianAssets #RussianAssetsArrested #RussianEconomy
Russia’s income from oil sales has increased to its highest point since October 2022. According to the International Energy Agency (IEA), in August 2023 Russia’s revenues from oil exports increased by $1.8B to $17.1B due to an increase in oil prices, which more than compensated f... #OilImport #OilPrices #RussianEconomy #RussianOil #RussianOilPriceLimit
Trade volumes in Russia have returned to the pre-war level. As the EP writes, Western sanctions have not caused significant damage to Russian trade. The indicators for exports and imports by the Russian Federation returned to the 2021 level. In 2022, prior to ... #Russiaexport #RussiaImport #RussianEconomy #RussianTrade #SanctionsAgainstRussia
Britain officials want an Economic Rammstein to hurt Putin’s war machine. Alicia Kearns, a member of the Parliament of Great Britain from the Conservative Party, points to data published by the chief economist of the Institute of International Finance, Robin Brooks, which i... #AliciaKearns #EconomicRammstein #RussianEconomy #SanctionsAgainstRussia
The US is preparing a blow to the Russian Federation’s economy. According to Bloomberg, Treasury and Justice Department officials will focus on efforts to legally liquidate the property of Russian oligarchs, expand financial sanctions for those who facilitate sanc... #KleptoCapture #RussianEconomy #SanctionsAgainstRussia
The war against Ukraine will destroy Russia’s economy, said IMF Managing Director Kristalina Georgieva. “If you take our forecasts for the medium term, they mean that the Russian economy will shrink by at least 7%”, she clarified. In addition, the Russian economy will eventually suffer in the long... #KristalinaGeorgieva #RussianEconomy #WarinUkraine
Ukraine is putting pressure on its partners to strengthen the sanctions on Russia. Ukraine is carefully developing sanctions against the Russian Federation to minimize the possibility of a legal challenge in court and is cooperating with its partners to further increase the sanctio... #anti_Russiansanctions #RussianEconomy #YuliyaSvyridenko
