Russia’s Economy Under Strain As Sanctions Intensify
The United States and European Union have launched a coordinated sanctions offensive against Russia, marking a strategic escalation in economic pressure. Rosneft, Lukoil, and gas exports face direct restrictions aimed at crippling energy revenues funding Moscow's war efforts. Brent crude surged 5% immediately following the announcement, reflecting market anxieties about global energy supply chains.
While the Kremlin maintains a defiant public posture, three years of sustained sanctions have eroded Russia's economic resilience. The EU's latest measures notably target cryptocurrency platforms facilitating sanctions evasion—a growing concern in financial warfare. These developments coincide with former President Trump's separate sanctions against Rosneft, creating multi-front pressure on Russian energy infrastructure.
