Impact

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In short: if money from energy exports are indeed not essential to continue the war, and if embargo would really hurt Europe/the West much worse than russia, then why hasn't putin cut off the supply yet?

Impact so far

  • Oil import volume has been reduced by 10 billion EUR: "Europe's Russian oil embargo: significant but not yet | Bruegel". Retrieved 2022-06-06.
  • Russia gas export volumes down 3/4 compared to 2021, but profits are similar due to higher prices. OTOH profits are much lower than late 2021/early 2022, and decline sharply: https://twitter.com/ben_moll/status/1540692094716588033/photo/1
  • CREA: Payments to Russia for fossil fuels: https://crea.shinyapps.io/russia_counter/?tab=methodology
  • Bauer, Jakob; Blickle, Paul; Ehmann, Annick; Endt, Christian; Erdmann, Elena; Grefe-Huge, Carla; Peter, Valentin; Tröger, Julius (2022-06-03). "Energiemonitor: Teuer, klimaschädlich und abhängig von Russland". Die Zeit. Hamburg. ISSN 0044-2070. Retrieved 2022-06-05.

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Energy embargo

Embargo in general