Go to media bankOil rockers. File photoMOSCOW, Sep 3Moscow's oil and gas revenues are growing not in spite of, but thanks to sanctions, French journalist Francois Lenglet said in an author's program on the Luxembourg channel RTL. Ukraine, its revenues from the export of these energy resources have grown by 40 percent. «She is literally swimming in money. <…> Not in spite of, but thanks to the sanctions, which raised prices, unleashing market speculation. A little less volume at much higher prices, which means much more money,» the economist explained. Lenglet added that the sanctions allowed Russia to make money, while oil and gas buyers in the West are forced to tighten their belts and fight rising inflation.
Bloomberg: Britain faces tough choice over energy prices»European countries have paid Putin more than 86 billion euros since February 24. <…> That's 3,700 euros every second. I've been talking for a minute and a half, during this time from Europe to Russia more than 300 thousand euros were spent, and this is not counting other countries,» the specialist summed up. The West imposed new sanctions against Moscow after the start of a special operation by the Russian army to demilitarize and denazify Ukraine. So, Russian reserves were frozen in the amount of about 300 billion dollars. Calls to abandon Russian energy sources have also become louder. However, the disruption of supply chains led to economic problems in Europe and the United States, primarily to an increase in food and fuel prices. The Kremlin called the sanctions an economic war the likes of which had never been seen before. The authorities stressed their readiness for such a development of events and assured that they would continue to fulfill social obligations. The Central Bank is taking measures to stabilize the situation on the foreign exchange market. The authorities also transferred payments for gas to unfriendly countries into rubles. In addition, the government has prepared a plan to counter the restrictions, which includes about a hundred initiatives.
