Russia Can’t Replace Energy Market Putin Broke

“Russia spent almost 50 years building its energy market in Europe. President Vladimir Putin destroyed it in under 50 weeks,” Bloomberg reports.

“Finding a replacement will be almost impossible. While Russia has found alternative markets for its crude oil, mostly in India, switching sales of refined products and — perhaps even more so — natural gas will take years and come at huge cost. That’s if it’s even possible to create markets as the world turns away from fossil fuels.”