Russia's economy could spiral into a depression under an EU oil embargo. An energy analyst breaks down why Moscow won't be able to rely on China and India to fill the gap.

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Germany's announcement this week that it's ready to stop buying Russian oil makes a sweeping European Union oil embargo much more likely — which would have devastating consequences for Moscow. "Russia's economy is projected to contract by more than 10% already this year. If an EU embargo happens, it would likely send the economy spiraling into a ...

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