Commentary
So far, the Russian oil cap is having the desired effect. Russia’s economy is hurting, and the European Union has access to cheap oil. But maintaining the status quo will be a delicate game of financial carrot and stick.
The construction site of Russia's petrochemical holding Sibur's ZapSibNefteKhim plant on the outskirts of Tobolsk, Russia, on Oct. 4, 2018. Andrey Borodulin/AFP via Getty Images
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
