Russia’s economy would be hit hardest by energy sanctions with little toll on EU: think tank

Published on: Friday 25 February 2022

Pressure is mounting on the U.S. and European allies to impose more pronounced penalties against Russia for its military invasion of Ukraine, with specific focus on targeting the sector most consequential to the country’s finances — energy. It argues that sanctions on Russia’s energy sector would have little resulting consequences for Western countries, but they would strike Russia’s economy. “Our calculations are of an exemplary nature, but...

News source: https://www.msn.com/en-us/finance/markets/russia-e2-80-99s-economy-would-be-hit-hardest-by-energy-sanctions-with-little-toll-on-eu-think-tank/ar-AAUjyjh

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Russia’s economy would be hit hardest by energy sanctions with little toll on EU: think tank