[Dan]

"Hastened their own death." The United States realized the mistake of sanctions against Russia



“Essentially, the West’s desire to burn the ruble backfired. The strengthening of oil prices had a concomitant effect on the strengthening of the ruble. What is the result? Russia and China are now able to control the prices of gold and oil, and this defines the era. We are moving away from the Western world," Bolger said.
According to him, resource-based currencies have become a breakthrough in the economy. The West, by imposing sanctions on Russian energy resources and gold, "has hastened its own demise." Over the past six months, the observer noted, the ruble strengthened and rose against the dollar, and Moscow's decision to sell oil and gold for the Russian currency was a "double blow".