18 Hrs
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النهار
Impact of sanctions on Russia's economy
The article discusses the impact of Western sanctions on the Russian economy and explains that Moscow maintains a significant economic influence that is difficult to surpass despite the sanctions. This is due to the gap between the speed of political decision-making and the time required to develop industrial alternatives. The article highlights that complex sectors, such as uranium enrichment and nuclear fuel, demonstrate that Moscow's expertise and technical knowledge increase its economic importance, with Russia continuing to maintain its share of enrichment services at 22.55% in 2025. Despite efforts to diversify markets—especially by exporting oil to Asia—time and cost remain critical factors in reducing reliance on Russia. Moscow's capabilities continue to uphold its economic weight and influence global markets even amid sanctions.
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