Russia’s Catastrophic Oil & Gas Problem is About to Get Even Worse

The Icarus Project delves into the crumbling state of Russia’s oil and gas sector—a vital lifeline for the country’s economy. Years of over-reliance on fossil fuel exports are now colliding with the fallout from sanctions, global shifts in energy reliance, and the devastating costs of their war against Ukraine. What does this mean for Russia’s future? And how might these challenges shape the geopolitical landscape? Let’s break it all down.

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