Russia’s weaponization of oil and gas exports to neuter Europe on Ukraine is backfiring badly

Russia’s weaponization of oil and gas exports to neuter Europe on Ukraine is backfiring badly

Anti-Russia protest in Germany

Anti-Russia protest in Germany Yann Schreiber/AFP via Getty Images

Russian President Vladimir Putin’s ploy to use oil and gas exports as “a weapon of financial war” in its campaign to conquer Ukraine “is increasingly backfiring, threatening the core of Russia’s beleaguered economy and curtailing its geopolitical influence,” The Wall Street Journal reports.

Putin had calculated that cutting off natural gas to Europe, and especially Germany, would leave Europe’s economy in shambles and its…


Source link

About search

Check Also

Hong Kong Vies With US in Bitcoin ETF Market After Crypto's Revival – Yahoo Finance

Hong Kong Vies With US in Bitcoin ETF Market After Crypto's Revival – Yahoo Finance

[unable to retrieve full-text content]Hong Kong Vies With US in Bitcoin ETF Market After Crypto’s …

Leave a Reply

Your email address will not be published. Required fields are marked *