The US is threatening to cut off Russia’s remaining economic lifeline - Sydney Morning Herald
3/7/2022 12:00:00 AM3 years 1 month ago
by Stephen Bartholomeusz
by Stephen Bartholomeusz
Putin might win the battle in Ukraine but losing Russia’s remaining oil and gas revenues would mean losing the economic war and the destruction of what’s left of its economy.
Despite being the worlds largest oil producer and a major exporter of oil and gas the US, because it consumes so much energy (more than 17 million barrels of oil a day), is a net importer of oil to t… [+5147 chars]
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