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Moja ya vitu vinavyotukwamisha ni kuwa na rundo la marafiki, wengi wao wakiwa hawana faida kwako. In fact, ukitaka kuwa salama zaidi punguza marafiki, kwa sababu "ni rahisi kwa nyoka kujificha kwenye kichaka kikubwa." Hujachelewa: jiulize, namhitaji huyu kuwa rafiki yangu?
Given that Russia (in 2020/2021) earned almost four times more from oil exports to Europe than from gas, and given that an oil embargo is easier to cope with, both technically and economically, such a step would be the most logical by the EU.
Rabobank | The economic impact of a boycott on Russian fossil fuels.
Any import ban would come with considerable economic sacrifice. As such, the upcoming months will be the ultimate test case whether Europe is capable to operate as one united bloc.
Given that Russia (in 2020/2021) earned almost four times more from oil exports to Europe than from gas, and given that an oil embargo is easier to cope with, both technically and economically, such a step would be the most logical by the EU.
Russian economy would face a much larger hit in case of an "Iran'like isolation (GDP would contract by 21% up to Q2 2023) compared to a scenario where Russian fossil fuels are excluded from EU sanction packages (expected GDP contraction of 11% up to Q1 2023).