Financing, investment, and technology restrictions
Intended impacts
Limiting profits the price cap on oil is already reducing the incentives to prospecting and investments in new developments. On top of this, restricting access to financing and investment makes it more difficult for the country to expand and modernize its energy infrastructure. Cutting off access to advanced technologies makes it more challenging for russia to develop and deploy new, more efficient energy technologies. Struggling to modernize the energy infrastructure may lead to lower efficiency and more environmental issues. Russia will likely become more dependent on non-western sources of investment and technology, which could make it less competitive in the global energy market. All of this will have a very long-term impact on the energy sector in the future, lasting even whenever sanctions would be lifted.
Knowledge gap
These are long term impacts that will be observed in the future.
Effects on Russia
What can we observe now that goes in this direction?
Effects on sending countries
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