Oil embargo: The World Bank predicted the loss of

It is noted that the sanctions of the Great Seven countries can also affect the flow of oil from Russia, but analysts warn that its effectiveness requires the participation of major developing countries. The World Bank forecast also said that in 2023 the cost of energy can be reduced by 11%. But despite this, energy prices will still be 75% higher than their average level in the last five years.

In 2023, Brent oil will buy 92 dollars per barrel in 2023 - much more expensive than a five -year average of $ 60 per barrel. In 2024, the cost of oil is projected to decrease to $ 80. Natural gas and coal next year are also cheaper. But by 2024, coal prices in Australia and the US will be doubled when compared to the average in the last five years, while natural gas prices in Europe can be almost four times higher.

The desired effect of sanctions is to deprive the aggressor of the opportunity to finance war. But some focus interlocutors believe that the effect of sanctions will not be fast. Yes, the senior economist of the Center for Economic Strategy (CES) Dmitry Gorununov reminds that there are many more money in the Russian Federation, so sanctions are more likely to look like additional pressure on the aggressor rather than a tool for depriving him of his physical ability to fight.

Gennady Ryabtsev, the director of special projects of NTC "Psyche" also believes that the impact of sanctions concerning the oil and gas sector will be deferred in time and will be not earlier than the second half Oil prices will go down. "The potential reduction of production by 35% will affect all related industries (service, insurance, financial companies), as well as employment and social sphere in areas of oil production that will degrade," - predicts Ryabtsev.

According to the expert, this concerns the regions with high cost of production in the European part of the Russian Federation (Bashkiria, Udmurtia, Tatarstan) and territories where there are problems with the quality of raw materials. "Restricting Russian oil prices will reduce the revenues of the Russian budget. This will reduce the costs of war and social needs, which means less rockets and more dissatisfied with their lives of Russians.