9min chapter

Ones and Tooze cover image

Ruble Roulette

Ones and Tooze

CHAPTER

Effectiveness of Sanctions on the Russian Economy

This chapter analyzes the impact of sanctions on the Russian economy, with a focus on the oil sector. It explores the strategies used by the West to reduce Russia's oil export revenue without disrupting the global oil market, and discusses the presence of a well-funded sanctions-busting regime.

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