Following the Russian invasion of Ukraine in 2022, Western powers implemented sanctions on Russian trade, with Europe and the US reducing dependence on Russian energy to strain Moscow financially. However, countries like India and China have capitalized on these sanctions by purchasing discounted Russian crude and gas to reduce their own energy costs, potentially undermining the effectiveness of coordinated international sanctions.
Original (en)
Following the Russian invasion of Ukraine in 2022, several major world powers introduced strict sanctions on trade with Moscow. Europe and the United States have been gradually decreasing their dependence on Russian gas and other energy products and putting pressure on other countries to do the same, to place a financial strain on Moscow, as the war with Ukraine continues. However, some countries, such as India and China, have used these sanctions as an excuse to buy discounted crude and gas from Russia, in a bid to reduce costs and boost energy…
Published
May 3, 2026, 01:00 AM UTC
10d ago
Significance
Rio Tinto rose 4.4% - 4.2σ above 30-day average (7920.00 -> 8272.00)
Spain reduced diplomatic relations with Israel in Gaza [8 sources]
Ukraine reduced diplomatic relations in Moscow [5 sources]
fbc810d4…openwatch.io →Iran reduced diplomatic relations in Moscow [10 sources]