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Marko Papic on What Markets Got Wrong About Russia's Invasion of Ukraine

Odd Lots

CHAPTER

The Illusion of Impact: Analyzing Western Sanctions and the Realities of the Russian Oil Market

This chapter assesses the impact of Western sanctions on Russia, with a focus on the oil embargo and its implications for the Russian economy. It explores how the embargo may inadvertently provide Russia with time to secure alternative markets while questioning the perceived existential threat of Ukraine in the broader geopolitical landscape.

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