How Russia will feel the sting of sanctions

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By Andrew Van DamYoujin Shin and Alyssa Fowers March 18, 2022 at 9:37 a.m. EDT

The United States, Europe and their allies rely on Russia for some oil and gas, and a few specialized materials. But they also supply Russia with much of its machinery, vehicles, technology and equipment that help Russia’s economy run.

That’s why sanctions can be so effective.

Without global trade, Russian factories would sit idle, businesses would shutter and shelves would sit bare. Even blocking some of those goods from countries that have already imposed sanctions or restrictions could dismember whole sectors in Russia. Some Russian companies that rely on imported components are already reeling — production lines at the automaker Lada reportedly went idle earlier this month.

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