The Kyiv Independent’s Dominic Culverwell sits down with Elina Ribakova, a leading expert on the Russian economy, to unpack the latest U.S. sanctions targeting Rosneft and Lukoil — the oil giants fuelling Moscow’s war. Ribakova explains how Russia’s war economy is running out of steam, what the sanctions could mean for India and China, and whether this new round could finally cripple Putin’s ability to fund his invasion of Ukraine.

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