[Owen]

Just did some AI queries.

Rosneft and Lukoil were already under UK and EU sanctions. Doesn’t seem to have meant anything then or now. Hong Kong remains the banking center of Asia and that is where the assets will live.

[marcusmaximus]

Biden never sanctioned them.

[blitz128]

Ukrainian “sanctions” are being implemented and effective

[unclebankster]

Rosneft and Lukoil were already under UK and EU sanctions. Doesn’t seem to have meant anything then or now. Hong Kong remains the banking center of Asia and that is where the assets will live.

***************

Sanctions against Russia are a “feel good” measure for when the Western Ukraine Project went sideways for the West.
Same with “Tomahawk Talk” which is intended to keep the war going longer than necessary.

Russia’s exposure to economic leverage from its opponents is very small.