The Uncomfortable Truth About Sanctioning Russia

The Uncomfortable Truth About Sanctioning Russia

OilPrice.com

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This week, Germany’s Chancellor Olaf Sholz ordered the suspension of the certification process for Nord Stream 2, the Russian gas pipeline that would’ve significantly boosted the supply of Russian gas to Germany. The move came in response to Russia’s decision to recognize the two breakaway Ukrainian regions of Luhansk and Donetsk as independent republics and following the decision to send Russian troops there, which the Kremlin claimed was for peacekeeping purposes. All EU governments, the UK, and the United States denounced the…

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