Market
How will Russia respond to potential G7 oil sanctions by June 30, 2025?
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Resolution / Starting Odds
Increase oil production • 25%
Decrease oil exports • 25%
Seek alternative markets • 25%
No significant action • 25%
Official statements from the Kremlin or major news outlets
Story
Kremlin Warns G7 Oil Sanctions Would Backfire, Threaten Global Energy Markets
Dec 20, 2024, 10:16 AM
The Kremlin has stated that it will take countermeasures against any new oil sanctions that might be imposed by the Group of Seven (G7) nations. Kremlin spokesman Dmitry Peskov warned that such sanctions would backfire on the countries implementing them and could lead to instability in global energy markets. Peskov emphasized that Russia would act to minimize any consequences and protect its companies, asserting that these measures would ultimately harm those who impose them.
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Diplomatic protest only • 25%
File WTO complaint • 25%
Other actions • 25%
Impose sanctions on U.S. • 25%
Neutral stance • 25%
Implement own sanctions • 25%
Support U.S. sanctions • 25%
Oppose U.S. sanctions • 25%
Reduce production • 25%
Increase domestic sales • 25%
Seek alternative markets • 25%
No significant response • 25%
EU opposes U.S. sanctions • 25%
EU imposes own sanctions • 25%
EU remains neutral • 25%
EU supports U.S. sanctions • 25%
Condemn U.S. sanctions • 25%
Other responses • 25%
Remain neutral • 25%
Support U.S. sanctions • 25%
Sanctions on Russian oil companies • 25%
Complete ban on Russian oil imports • 25%
No new sanctions imposed • 25%
Increased tariffs on Russian oil • 25%
Strengthen trade with non-sanctioning countries • 25%
Other measures • 25%
Increase gold reserves • 25%
Establish Bitcoin reserve • 25%
Increased military actions • 25%
Economic retaliation • 25%
Diplomatic negotiations • 25%
No significant response • 25%
