Volodin considered Russia's "arsenal of means to curb development" exhausted

According to Volodin, Russia's losses from the ban on exports to the EU will be compensated due to rising energy prices and reorientation to Asian markets. At the same time, Europe will overpay more than €250 billion annually,

Спикер Госдумы Вячеслав Володин заявил в своем Telegram-канале, что западные политики, принимая санкции против России, должны выбирать «между плохим и очень плохим сценарием для экономик и граждан» своих стран.

По мнению Володина, принятый накануне новый пакет санкций Евросоюза, а также предыдущие меры ЕС и США говорят о том, что «арсенал средств по сдерживанию развития нашей страны исчерпан».

Володин написал, что, по мнению экспертов, потери России от запрета на экспорт нефти в Европу могут составить $22 млрд в год (такую оценку приводил, в частности, BLOOMBERG). Однако, по словам спикера, эти издержки будут компенсированы из-за роста цен на энергоресурсы и переориентации России на рынки стран Азии. «А возможно, и вовсе наша экономика окажется «в плюсе», — предположил он.

The EU has imposed a package of sanctions against RUSSIA with an oil embargo. What's Included Economics

According to Volodin, Europe will overpay more than €250 billion annually due to record high prices for energy resources, "this is not counting the additional costs for the transition of enterprises to new brands of oil."

On June 3, the EU Council approved the sixth package of anti-Russian sanctions. it includes a ban on the purchase, import or transfer of crude oil and certain petroleum products from Russia to the countries of the union. The embargo concerns the import of oil going by sea; it does not affect the fuel that is supplied to the EU countries via the Druzhba oil pipeline. Poland and Germany, where oil was supplied through its northern part, decided to abandon any form of supply, so by the end of the year it will only enter the EU through the southern part (to the Czech Republic, Slovakia and Hungary).

In Slovakia assessed the consequences of the EU oil embargo Business

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The phasing out of Russian oil imports will be phased in and will take anywhere from six months for crude oil to eight months for other refined products. Brussels has provided temporary exemptions for countries that “because of their geographical position suffer from a special dependence on supplies from Russia”, as well as for Bulgaria and Croatia in respect of offshore imports of Russian oil and vacuum gas oil, respectively.

Last year, the EU countries brought about €32.7 billion worth of crude oil by sea, or 68% of all oil imports from Russia. For another €21.2 billion, Europe imported Russian oil products by sea.

The press secretary of the Russian president, Dmitry Peskov, said earlier that Moscow would compensate for falling orders with an easterly direction. He said that the oil embargo would “hit everyone”, and the European market is not the only one, although it is premium. President Vladimir Putin , in turn, said that as a result of "chaotic actions" on the part of the EU countries, their economies are being damaged, while the revenue of the Russian oil and gas sector is growing. He called what is happening "an economic auto-da-fé, a suicide" of European states.

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