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A comment on Explosions in Kiev and Kharkiv now [CNN]. Parent comment
Winter is 2/3rds over.
If it's only about oil - this is incredibly short sighted.
As others have mentioned - Nord Stream 2 circumvented Ukraine. All was well for oil. This blows that up in his face.
The ruble is down ~14% since this started. MOEX is down ~20% on top of that. Corporate debt yields are up from ~1% to ~8%.
This has erased almost 40% of Russia's private wealth in the span of a month.
For anyone thinking - BUT THE PRICE OF OIL IS GOING UP!!1!
Not Russian Oil - it's going down: https://www.aljazeera.com/economy/2022/2/22/russian-oil-sell...
Just wait until Putin announces the pívot to the metaverse.
Winter is 2/3rds over.
If it's only about oil - this is incredibly short sighted.
As others have mentioned - Nord Stream 2 circumvented Ukraine. All was well for oil. This blows that up in his face.
The ruble is down ~14% since this started. MOEX is down ~20% on top of that. Corporate debt yields are up from ~1% to ~8%.
This has erased almost 40% of Russia's private wealth in the span of a month.
For anyone thinking - BUT THE PRICE OF OIL IS GOING UP!!1!
Not Russian Oil - it's going down: https://www.aljazeera.com/economy/2022/2/22/russian-oil-sell...