A Russian oil and gas embargo is in the cards. And analysts warn it will have huge consequences

Assessment: Now that the US is out of the oil business, Russia has control of the world’s 1st and 2nd largest economies …. Western sanctions imposed on Russia over its invasion of Ukraine have so far been carefully constructed to avoid directly hitting the country’s energy exports. The U.S. has said that sanctions on Russia’s oil and gas flows are “certainly on the table,” but that going after exports now could be counterproductive in terms