Will western leaders cut and run as the costs of the Ukraine war mount?
Europe should stop spending up to €800m per day on purchasing Russian gas,” a new paper from the Centre for European Reform argues. “In 2021 … Russia exported more than 49% of its oil and 74% of its gas to Europe.” Halting all such purchases voluntarily, it said, might be the most effective sanction Europe could impose. “The political will to take such a radical step is still absent.” And, sadly, likely to remain so.