Partial or short-term embargo is a false and dangerous strategy.
Following the recent sanctions on the introduction of an embargo on coal supplies only , it seems that Europe is not sure of its ability to give up from Russian oil and gas, writes in the article the president of the Center for Global Studies “Strategy XXI” Mikhail Gonchar.
“EU foreign ministers have once again failed to reach a joint decision on an embargo on Russian gas and oil. The discussion of the sixth package of sanctions, which includes this issue, is scheduled for April 17, “the author adds.
At the same time, partial or short-term embargo is a wrong and dangerous strategy, Gonchar emphasizes.
“It could lead to a further rise in prices, in particular for gas, which apparently fully compensates for Gazprom's loss of exports, as was the case in the second half of 2021. The decision on a partial embargo without a cap on the price cap will have the opposite effect, “the expert added.
Pressure and blackmail aimed at dismantling EU laws and the free market, subordinating all sources of gas supply to their own monopolies, and tying gas issues as much as possible to political demands are the means of influencing Europeans in the Russian Federation, which is currently torturing Ukrainians. And the EU warns that there should be a strong and comprehensive response to energy sanctions, warns the expert.
Read also: Russia would lose $ 135 billion if the EU imposed an embargo on oil, gas and coal – expert
For more information on EU energy sanctions, the most effective impact on the Russian economy, read Mikhail Gonchar's article “ Europe in Russia's energy trap: how to overcome dependence? ”.
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