Impact
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- Dr Illarionov said if Western countries "would try to implement a real embargo on oil and gas exports from Russia... I would bet that probably within a month or two, Russian military operations in Ukraine, probably will be ceased, will be stopped"[1]
- Josephs, Jonathan. Full Embargo on Oil Could Stop War - Ex-Putin Aide. BBC News, April 10, 2022, sec. Business. https://www.bbc.com/news/business-61040424. Dr Illarionov said if Western countries "would try to implement a real embargo on oil and gas exports from Russia... I would bet that probably within a month or two, Russian military operations in Ukraine, probably will be ceased, will be stopped" .
- Guriev, Sergei, and Oleg Itskhoki. The Economic Rational for an Oil and Gas Embargo on Putin's Regime. bne IntelliNews, March 24, 2022. https://www.bne.eu/comment-the-economic-rationale-for-an-oil-and-gas-embargo-on-putin-s-regime-239019/?source =ukraine . Argynebt that sanctions reduce value of salaries paid for military and administrative personnel.
- Guriyev, Sergei, and Oleg Itskhoki. "Oil and Gas from Russia: Why an Embargo Could End Vladimir Putin's War." Der Spiegel, March 22, 2022, sec. Economy. https://www.spiegel.de/wirtschaft/oel-und-gas-aus-russia-warum-ein-embargo-wladimir-putins-krieg-beenden-koennte-a-9537c522-5f56-4856-97bc-86080c2b7028
- Zelensky asked the EU that the next round of sanctions include a total embargo on Russian energy. https://www.infobae.com/en/2022/04/20/zelensky-asked-the-eu-that-the-next-round-of-sanctions-include-a-total-embargo-on-russian- energy/.
- High-Level Impact of Sanctions on Russian Economy - April 2022.Pdf. 2022. https://drive.google.com/file/d/1ky7hQKY0Yt8y9mLLWkJp1EjbYTBhX9MX/view?usp=sharing&usp=embed_facebook. Description of impact of sanctions on sectors such as IT, telecommunication, automotive parts, LNG etc. by The International Working Group on Russian Sanctions. https://fsi.stanford.edu/working-group-sanctions.
- FAZ.NET. Import restrictions: Central bank chief: Russian economy must reposition itself, April 18, 2022. https://www.faz.net/aktuell/wirtschaft/mehr-wirtschaft/russian-central-bank-chief-in-business-neu-aufstellen-17965136.html.