Recently, a groupU.S. CongressMP: Yesg7to RussiaOilThe price limit has been questioned as having no practical effect. They believe that the continuation of the price cap will only disgrace the United States, so the United States has decided to repent. Although Biden insists on restricting RussiaOilis effective and can reduce the Russian onesOilexport earnings, but is this actually the case?
It's only been a year, and the United States has to do itg7The price limit measures were questioned, which proposed to cancel the price on RussiaOilof limit price proposals. Western countries imposed anti-Russian sanctions against Russia and expanded them toOilExport field. g7The decision was set at $60OilExports ** cap, and over the past year, Russia'sOilExport earnings have indeed decreased. However, Western countries impose such large-scale sanctions only to reduceOil20% of income?Their purpose was clearly to passg7price cap measures to directly cut RussiaOilexport earnings as a way to undermine the Russian economy. However, the Western countries, led by the United States, can be said to have messed up this time!
Let's start with RussiaOilReasons for the decline in export earnings. You might think it isg7OilCredit to the price limit measures, but this is not the case. Biden though claimedg7The price cap measure is effective, but the Western countries themselves admit that this measure is practically non-existent. In fact, RussianOilExports** are never below $60. It is clear that the United States has really reversed itself this time. Anyway, in order to save some face,U.S. CongressParliamentarians are in a hurry to abolish this against RussiaOilprice limit measures. They believe that if it continues, the US sanctions stick will becomeInternationalThe laughing stock, and at least some dignity is preserved. Europe, however, has been affected more far-reaching.
Europe is a victim of all these sanctions. It was the United States that did it, and now it is the United States that wants to repent, so Europe will become a "big injustice". Europe not only has to import LNG from the United States, but also needs to import a lot of second-hand Russia from IndiaOil。This situation is already overwhelming Europe's finances. This is almost the rhythm of the United States and Russia joining forces to snatch the small coffers of Europe, which simply pushed Europe to the brink of collapse. European countries may ask, can they sue the United States for "collusion with Russia"?On this issue, we should think about the impact of the repudiation of the United States on Europe and how European countries should respond.
European countries face enormous challenges. The United States' remorse has made them realize how dangerous their dependence on external security is. Europe needs to find a new way out to reduce its dependence on the United States and Russia in order to protect itselfOilandNational economystability. Europe needs to strengthen its internal cooperation to jointly respond to sanctions and pressure from the United States and Russia. At the same time, Europe should also increase its effortsRenewable energyinvestment and development, reducing the traditionEnergydependencies, thus being realizedEnergy** Diversity. In addition, Europe should also increase its homegrowingEnergyindustry support to improve itselfEnergy securitycapacity.
In short, the repudiation order of the United Statesg7The price cap was a null and void, and Europe became a victim. In this process, we should recognize the dependence on external countriesEnergy** risk, thus finding a new way out. Only by strengthening internal cooperation and developmentRenewable energyand support the homegrownEnergyindustry, Europe can be inEnergy** to achieve diversification and reduce dependence on a single country. We hope that European countries will be able to unite in this process to address the challenges and protect their interests.