Yes we do. Make oil super cheap again. We need to get it under $40 per barrel. That is probably the next step here since the ceasefire is not happening.
That takes many moons to accomplish. Infrastructure to extract oil is not available at fast shopping convenient stores.
“Yes we do. Make oil super cheap again. We need to get it under $40 per barrel. “
US producers require $50/bbl to keep pumping and $65/bbl to drill/explore/open new wells.
No leverage there.
Oil is the US top export right now. Russian economy is revolving around manufacturing at this point.