RE:Imports and exportsRex...how can Putin lower Russian oil exports? He realistically cant as long as he is fighting a full scale war. For Putin to remain in power he needs the money to pay pensioners and all the soliders he has on battle field.
Oil industry is Russian crown jewel and national pride. He can't let it sink.
Western analysts who predicted a crash in Russia oil last year dont understand this. Putin is educated in energy. He is very hands on with it.
Russia has secured India and China custmers long term. Putin knew Europe was going off oil and gas by 2030.
Not a big loss to Putin to lose Europe as an energy customer.
USA has Europe market now and it is a bad market to have as it will contract in future.