Tuesday, January 3, 2023

EU Trade With Russia Increased In 2022 Despite Sanctions

WNU Editor: Much of this 2022 trade was in commodities (i.e. oil/natural gas/metals/etc.), and prices were insanely high. But I do expect a huge drop in Russia - EU trade in 2023, and that is because of sanctions on Russian oil/natural gas/etc.. 

But here is an easy prediction. This Russian oil/natural gas/etc. is still going to be bought by Europe, but through other countries and companies acting as "middlemen" for Russia.

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