Imposing a full embargo on Russian energy resources could weaken the European Union’s economy, which, in turn, would reduce financial support for Ukraine.
Such a view was expressed by Yegor Chernev, deputy head of the parliamentary committee on national security, defense and intelligence, on the air of the program “Dolgova’s Blog” on Ukrinform’s YouTube channel.
Sanctions always work both ways. On those on whom they are imposed, and on those who impose them. Because it’s a disruption of the balance of trade between countries
– Yegor Chernev
Europe is gradually abandoning Russian energy supplies and other minerals from the Russian Federation to avoid hurting its economy. If the economy of the European Union is hit, it will become weaker and reduce the amount of aid to Ukraine
– Yegor Chernev
Geopolitical consequences and prospects
He also voiced concern that over four years of war European partners have provided Ukraine with support that is smaller than the amount spent on importing energy resources from Russia, estimated at about 200 billion euros.
This is the reality, because in order to help us, economies must function, money must be earned, including from Russia’s resources
– Yegor Chernev
Also Chernev noted that the European Union must abandon Russian energy supplies by 2026.
The prospective vector of actions, in his words, is to reduce the EU’s dependence on Russian resources and to strengthen the sanctions regime against the Russian Federation, which, in the author’s view, should balance the economic interests of member states and their humanitarian stance toward Ukraine.
Also Chernev noted that the United States has imposed sanctions on Russia’s oil companies Rosneft and Lukoil, urging Moscow to consider ceasing hostilities in Ukraine.