Essay: The war in Ukraine and Western sanctions will significantly hurt the Russian economy
Western sanctions on Russian oil did significantly financially hurt the Russian economy for awhile, but using the methods in the videos below, Russian found various ways around the sanctions to significantly mitigate their effects (However, Western nations are working on countermeasures in order to attempt to potentially once again have more effective sanctions which are mentioned in the video directly below). Realistically, sanctions alone will not prevent Russia from funding the war in Ukraine.
- Why sanctions won't stop Russia, December 2023
- The Shadow Fleet Fueling Russia’s War, December 2023
The 2023 article Western sanctions didn’t stop the war. Were they worth it? indicates:
| “ | Many experts predict the real pain for Russia will emerge gradually. In the absence of Western components and technology, and limited in its ability to export, Moscow risks sliding steadily toward becoming another Iran — an internationally isolated state facing growing economic troubles.
“The sanctions are a slow-action poison, a little bit like arsenic,” the bloc’s foreign policy chief, Josep Borrell, told the European Parliament this month. “It takes time.”[1] |
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Russia/Vladimir Putin pointed out that Western sanctions have financially hurt Western countries (See: Ukraine War: Putin says sanctions have hurt Western countries, 2022).
2025 potential future oil price slump stopping Russia's war efforts in Ukraine
It is argued that only a slump in oil prices will stop Russia's war efforts (See: Only an oil slump can stop Vladimir Putin, Reuters, 2024).
Increased Saudi Arabia oil production in 2025 or in the future could shut down Russia's war efforts (Saudi Arabia has a big plan for oil that could hammer Russia’s war machine, economists warn, Fortune magazine, October 14, 2024).
