Earlier quoted context omitted.
>In fact, Russia made record profits last year. There was a lag between the jumps in prices and the move towards other sources than Russia. Russia is going to have massive budget issues from this year onwards. Saying that Europe is still a massive buyer of Russia gas and oil is simply false.
Do you have a source? I found that after start of the war imports doubled from Russia for gas and news try to hide this elephant in the room. Same with swift, they said that Russia was disconnected but it was just a publicity stunt and I personally sent wire to Russia via swift in usd to test and it did work. Don’t know which sources to trust but seems like they all lie
Yes, gas imports increased after Russia invaded (but did not double) because countries were topping up storage before inevitable disruptions. And I remember them talking openly about it, not as an elephant in the room.
(of course “LNG” is doing a lot of work in that graph since it probably contains some Russian gas but the trend is clear)
Do you have a source for your “Russia disconnected from Swift” claim? I can find reports of individual banks being disconnected but don’t see any credible source for that.