> [...] so does Russia since the rest of the world including US allies like Japan, South Korea, Australia, NATO countries depend on their lovely black gold to have functioning economies.
Have you been following the news for the past two years? Russia's sanctioned up the wazoo. No NATO country is buying Russian oil. India is now their number one costumer.
There is truth in that Europe isn’t buying directly from Russia. However plenty are buying from countries are buying refined oil products from India (and possibly others) where the source is Russian crude oil.
If the US was like Saudi Arabia where they exported half of their oil, and could supply most of the world at competitive prices, Russia would have really felt the Sanctions.
But right now Russia doesn’t feel the Sanctions. They’re more isolated and Putin’s propaganda has somewhat worked at making the general population anti-west and support the Ukraine invasion.
Have you been following the news for the past two years? Russia's sanctioned up the wazoo. No NATO country is buying Russian oil. India is now their number one costumer.