The Debate

Mother of all sanctions: Can the West do without Russian oil and gas?

THE DEBATE
THE DEBATE © FRANCE 24

Europe's first full-scale invasion of a sovereign state since World War II, a refugee crisis to match and an endgame sure to upend more than just the West's resolve: as the EU turns up the heat on Vladimir Putin, it's already asking citizens to turn down their thermostats. How will citizens react if on the one hand, Russia conquers Ukraine and on the other, the price of crude oil shoots past $200 a barrel? How to make do without Russian oil and gas?

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We ask what energy independence looks like and weigh the costs of not heeding the call when Russia annexed Crimea back in 2014.

In the meantime, war in Europe has consequences near and far, with more leverage for the likes of oil producers Saudi Arabia and Venezuela. The under-sanctions regime in Caracas has welcomed a White House delegation for the first time in years. Just how much are the stars realigning?

Produced by Alessandro Xenos, Juilette Laurain and Léopoldine Iribarren.

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