Sanctions Destroy Russia's Energy Sector: Even Trump Cannot Save Moscow from Collapse.

Sanctions Against Russia Destroy the Energy Sector

Sanctions are continually deepening the crisis in Russia's energy sector, and even Trump's peace proposals cannot help Moscow. Insider Ron Busso shared his thoughts in his column for Reuters, reports FREEДОМ.

The expert is convinced that the restrictive measures imposed by the West have hit Russia's oil and gas industry hard. Revenues from oil and gas have sharply decreased for Moscow, and the global energy market has undergone significant changes. According to the agency, the share of Russian gas in EU imports fell from 45% in 2021 to 18%, and the share of oil from 30% to 3%. Moreover, the European Union plans to completely abandon Russian energy resources by 2027.

“Even in the event of a temporary ceasefire, Europe is unlikely to resume purchases of Russian gas and oil while Putin remains in power. Before the war, the EU accounted for nearly half of Russia's oil exports and 75% of gas supplies from Russia. The Trump administration could unilaterally attempt to soften some sanctions. However, such a move would likely face resistance in Congress unless a broad peace agreement is reached,” writes Ron Busso.

It should be noted that due to pressure from Western sanctions, the Russian Khabarovsk Shipbuilding Plant will send 70% of its personnel on leave due to a lack of orders. Lithuania is calling on the EU to adopt the 19th sanctions package against Russia and increase support for Ukraine.

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