The Uncomfortable Truth About Sanctioning Russia — Irina Slav

• Russia’s decision to recognize the independence of two cities in Ukraine and send troops over the border has triggered a slew of sanctions from the West.
• These sanctions include the suspension of the certification of Nord Stream 2 and the freezing of assets associated with some banks and wealthy individuals.
• The reason this first round of sanctions is relatively light is two-fold, the West wants to maintain some leverage over Russia and has very limited options.

Oilprice (no options that don't involve economic pain for the West)
The Uncomfortable Truth About Sanctioning Russia
Irina Slav