Russia's economy worried: dependence on China will be Putin's downfall. In addition to India, Russia could lose an important trading partner with China.

In its latest sanctions package, the US also blacklisted Russia's blacklisted fleets. The US has been using so-called secondary sanctions for decades to give its primary sanctions more impact. This type of sanctions is intended to prevent individuals from entering into business with targets affected by primary sanctions (such as Russia). Western sanctions against Russia have proven particularly effective in recent weeks.