Ukraine crisis: What sanctions could West still impose on Russia?

United Kingdom News News

Ukraine crisis: What sanctions could West still impose on Russia?
United Kingdom Latest News,United Kingdom Headlines
  • 📰 BBCNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

What sanctions could West still impose on Russia?

But for now, trade can still flow - not least key exports like oil and gas, for which Russia is a major global supplier.

"That's already been politically tough for Western leaders to stand by and I think it's going to become even tougher as the Russian military escalates its use of force."While oil and gas transactions are key to preventing the Russian economy from going "off a cliff", cutting off that lifeline risks provoking more extreme reaction by Russia, says Jeffrey Schott, senior fellow at the Peterson Institute for International Economics, a Washington think tank.

What's more the commitment, announced by Western allies this week, to release a 60m barrels of oil from strategic national reserves - half of which will come from the US - will only act to soften a temporary spike in prices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BBCNews /  🏆 3. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukraine crisis: West was ready for Russian invasion, says BidenUkraine crisis: West was ready for Russian invasion, says BidenVladimir Putin thought Nato wouldn't respond but he was wrong, Biden will tell Congress in his annual speech.
Read more »

Watch Steven Spielberg's West Side Story online at homeWatch Steven Spielberg's West Side Story online at homeSteven Spielberg's WestSideStory is now available to watch on Disney+ for all subscribers:
Read more »

Sanctions could bar West Ham from paying CSKA Moscow for Nikola VlasicSanctions could bar West Ham from paying CSKA Moscow for Nikola VlasicWest Ham could be prevented from paying CSKA Moscow the next instalment of their fee for Nikola Vlasic as a result of the UK government’s sanctions against Russia
Read more »

Spider-Man spin-off film Kraven the Hunter casts West Side Story star Ariana DeBoseSpider-Man spin-off film Kraven the Hunter casts West Side Story star Ariana DeBoseSpider-Man spin-off film KravenTheHunter casts West Side Story star Ariana DeBose:
Read more »

Tiny £360-a-month studio flat in west London has bed above the 'kitchenette'Tiny £360-a-month studio flat in west London has bed above the 'kitchenette'On this week's edition of 'the London rental market is a hellscape': This £360-a-month studio flat in West Kensington where the ‘kitchenette’ is a hot plate on a chest of drawers... located directly under your bed.
Read more »

Kanye West accused of 'cloning' Kim Kardashian after posting picture of new partnerKanye West accused of 'cloning' Kim Kardashian after posting picture of new partnerThey went through one of the most high-profile celebrity breakups of all time, and now Kanye West has been jokingly accused of 'cloning' Kim Kardashian after posting a picture of his new partner.The rapper, who now goes by the name Ye, reportedly began dating the 24-year-old Instagram model in Febru...
Read more »



Render Time: 2025-02-09 17:59:20