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Good arguments for an oil and gas embargo against Russia. One argument that I like is that hard currency income pays for Russia’s repressive apparatus that maintain the regime. https://t.co/CzTCMY4QCq Quoted tweet from @itskhoki: w/@sguriev we argue that European embargo on Russian oil and gas is the fastest way to end the war by stopping Putin’s ability to finance it. Any other policy option is more costly and dangerous. It is not just a humanitarian, but also an economic imperative for Europe. 1/n

Good arguments for an oil and gas embargo against Russia. One argument that I like is that hard currency income pays for Russia’s repressive apparatus that maintain the regime.

https://t.co/CzTCMY4QCq

w/@sguriev we argue that European embargo on Russian oil and gas is the fastest way to end the war by stopping Putin’s ability to finance it. Any other policy option is more costly and dangerous. It is not just a humanitarian, but also an economic imperative for Europe. 1/n

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