Sign in to follow this  
Followers 0
hemanthaa@mail.com

Rising oil and gas prices: is Russia the real loser?

Recommended Posts

Russian rouble recovery in April

Despite the unprecedented sanctions against Russia by the West, as of 20 April, the Russian currency, rouble, has strengthened significantly defying the international isolation. The revenue from oil and gas, meanwhile, in 2022 is going to be much more than what was in 2021 as well.

Since the EU now says that paying for Russian oil and gas in rouble does not violate the doctrine of sanctions - after all - the losers are going to be humble consumers who pay through their nose for oil and gas due to rising energy prices and struggle to make ends meet due to high inflation that goes through the roof.

More on this:

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0