Atlantic Council Agnia Grigas on Russia Oil Ban Talks

The video discusses the potential for the West to stop funding Russia's war machine by sanctioning Russian oil and gas. It highlights the challenges faced by the US and Europe in reducing dependency on Russian energy. The video also covers the military context, the role of China in supporting Russia, and the global political division. It concludes with potential future scenarios and the economic impact of the conflict, including energy prices and food security.

What is the main reason the US can more easily stop purchasing Russian oil compared to European countries?

• The US has a larger oil reserve.

• The US has more allies.

• The US is a leading producer of oil.

• The US imports more oil from Russia.

What percentage of the European Union's gas imports come from Russia?

• 33%

• 50%

• 25%

• 10%

What has been the West's stance on military involvement in Ukraine?

• They have sent troops to Ukraine.

• They have created a no-fly zone over Ukraine.

• They are not willing to be actively involved.

• They have provided air support to Ukraine.

Which country has reaffirmed its support for Russia, impacting the geopolitical landscape?

• China

• Brazil

• Germany

• India

What is one of the long-term economic implications of the conflict mentioned in the transcript?

• Increase in food security

• Stability in grain exports

• Decrease in global oil prices

• Rise in energy prices and inflation

What role has Belarus played in the conflict according to the transcript?

• It has remained neutral.

• It has provided military support to Ukraine.

• It has allowed its territory to be used by Russian troops.

• It has imposed sanctions on Russia.

What is a potential consequence of the conflict on global food prices?

• No impact on food prices

• Stability in food prices

• Increase in food prices

• Decrease in food prices