—> Long term, it will hurt Russia more.
“Honey Badger don’t care.”
• 85% of world is not sanctioning Russia
• the western world is busy converting from real energy to imaginary unicorn dust
• Russia will be in good shape with a strong hand in energy, fertilizer, a history of doing without.
As the saying went in the space program, we spend billions and they shoot guys into space in a tin can.
“85% of the world isn’t sanctioning Russia…”
I’m sure they’ll do great exporting oil and gas to Ethiopia, Bangladesh and Peru over their non existent pipelines or in their non existent fleet of oil and LNG tankers. Supply has never been a problem in oil and gas. Transportation and distribution are always the issues - and that’s where Russia is really screwed. They can’t even export that much to China, a country they share a massive border with. Sad!