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by lowkey 1569 days ago
Sure we do. Currently we are giving Putin up to a Billion USD per day to buy his oil and gas.

If we cut off this market it would cripple Putin’s war in Ukraine much more effectively than arming Ukrainians on the ground.

Add in energy subsidies to affected customers in need of economic support to offset the inevitable increase in oil/gas prices in the short-term and we can blunt the worst of the pain on regular Europeans.

Why is this proposal not even worth considering? Broad economic sanctions are most definitely not the only option to pressure Putin.

1 comments

> Currently we are giving Putin up to a Billion USD per day to buy his oil and gas.

Except, even without sanctions on oil & gas, no one is buying the oil.

https://www.cnn.com/2022/03/03/investing/russia-oil-sanction...

Thank you for making my point about dis-information in a time of war. This is fake news by CNN. It is easy to disprove and it isn’t the only example from western media.

For example 6 days ago The NY Times reported that Shell had stopped buying oil from Russia [0] but that was also fake news.

Shell is now defending their decision to buy 100 metric tons of aural crude from Russia according to multiple reports in the past 24 hours. [1]

Nothing changed, It was all just PR spin to manipulate public opinion. It looks like it worked.

In war the first casualty is the truth.

[0] https://www.nytimes.com/2022/02/28/business/russia-oil-compa...

[1] https://www.independent.co.uk/news/world/europe/shell-buys-r...