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World

Are Russian sanctions working?

24 August 2022

8:19 PM

24 August 2022

8:19 PM

Soaring gas and electricity prices are giving us an idea of the cost of imposing sanctions on Russia – a cost which may be worth bearing if it helps to defeat Russian aggression, but a cost nonetheless. But how complete and effective are the sanctions? Trade figures released by the Office for National Statistics (ONS) today reveal that Britain, at least for now, has achieved one of its chief objectives: it has weaned itself off Russian oil and gas.

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