BBC News - Live Blog: Reports in its 1.53pm post the following, " Now the taboo of taboos, known as energy security, looks like it may be smashed too. Russian violence against Ukraine is heaping pressure on the EU to impose energy sanctions. The bloc depends on Russia for 40% of its natural gas and a quarter of its oil imports....What’s the point of all the EU’s financial sanctions, if Vladimir Putin’s war chest is filled on a daily basis with oil and gas revenues, you might ask? So here we are: the US and Ukraine’s indefatigable President Zelensky are leaning on Brussels to slap sanctions on oil imports at least. "
Lets Get Real:
As noted in the article Germany, Italy might have a problem with the banning of Russian gas and oil, today oil is running $130 dollars, what might happen if Western Europe has to go and look for other area for oil. It can be postulated China will take the extra oil, they might get it at a lower price from Putin, thus spurring on the ECONOMY of China as the WORLD comes out of COVID - 19. The West has to make Putin lose in the Ukraine, otherwise the Russian Federation will be up to the Polish border, how long before Putin's complains about that and we risk Putin placing pressure on Poland and the NATO States, thus a chance of World War 3,so whatever happens in the Ukraine, Russian and PUTIN must be stopped whatever the cost to the consumers of OIL AND PETNROL, its that on World War 3 down the road. The economic sanctions of the West will hurt Russia and the Russian people, but half of the population support the action in the Ukraine, they have been feed Russian lies by Putin, he controls TV and the Press. The word INVASION and WAR has been declared illegal by the Russian Duma and men, women and even children are being arrested if they oppose the WAR.
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