In an unexpected turn of events, Hungary and Slovakia have jointly requested the European Union to mediate with Ukraine following the imposition of sanctions on Russian oil group Lukoil. This move has raised eyebrows, especially considering the ongoing conflict. Let's delve into the heart of this surprising situation.
Sanctions against Russia have been a topic of heated debate, with many questioning their effectiveness in curbing the country's ability to finance its ongoing conflict with Ukraine. Recent revelations suggest that despite a myriad of sanctions, Russia has managed to earn a staggering 700 billion euros from fossil fuel sales since the war began. This article delves into the loopholes that have allowed such revenue, the impact of these sanctions, and the potential for a stronger, more effective strategy.