Russia will survive the EU oil embargo

Russia compensates for losses if the EU follows the US abandon Russian oilsaid the British newspaper Financial Times, citing analysts.

The Russian economy will work in other areas of export. In addition, it will increase oil supplies to Asian markets.

Russia’s food export earnings are growing and have reached a third of oil revenues, and from gas sales – exceed.

Russia will increase wheat supplies to world markets in the new agricultural year from July 2022 to June 2023 to 40 million tons, which is 5 million more than in the previous one. At the same time, wheat prices remain high, as well as food prices in general.

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Source: Вести.Ru by www.vesti.ru.

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