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Video | Is the ban on Russian oil due to the invasion of Ukraine working?

2022-12-28T14:50:30.744Z


Pedro Fresco, energy expert and former general director of the Ecological Transition of the Generalitat Valenciana, analyzes the first weeks of application of the sanctions and possible short-term scenarios


The West ended its blow to Russian oil in the first week of December with two measures: the European Union's veto on imports by sea, which represent two thirds of the total, and the imposition, agreed with the G-7, of a cap of 60 dollars on the maximum price at which it can be sold, with the aim of reducing the profits of Moscow in its sales of crude oil to countries such as China or India.

How are these measures affecting since their application?

What scenarios can occur over time?

Could it harm the European economy?

Are they enough to strangle the Russian economy and force Putin to stop his aggression on Ukraine?

Pedro Fresco, an energy expert and former general director of the Ecological Transition of the Generalitat Valenciana, answers all these questions in the video that accompanies this news: "This is not going to work out for Russia for free, another thing is that it will have that powerful and devastating effect that forces Putin to stop the war”.

The video also shows images of Russian oil tankers in Vladivostok, Nakhodka and Kozmino, in the east of the country, the inauguration of a gas pipeline between Siberia and China, supervised by Putin, and statements by the Russian president about Western sanctions.






Source: elparis

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