Hey Andy and guess what happens as Russian oil supply falls, the price goes up and that will trigger another wave of inflation in Western economoies.
Rates stat higher, mortgage holders get more stresssed, govt funding is cut as funds have to be diverted to servicing their massive debt loads.
You win, you lose. I would not be surprised if Putin is just turning down supply and blaming Ukraine in order to screw with the energy markets along with his OPEC mates. Last time I checked their was Opec + which includes Russia but no Western presence.
