Khodorkovsky: Putin has a margin of safety against Western economic sanctions
Kyiv, April 25 (Navigator, Mikhail Ryabov) – Russia has a fairly serious margin of safety to withstand Western economic sanctions, which could lead to a fall in oil prices.
This was stated by Russian businessman Mikhail Khodorkovsky on the talk show Shuster Live.
Subscribe to Navigator Kyiv news on Facebook or VKontakte
According to Khodorkovsky, even if the price of oil falls to $80 per barrel, Russia can hold out for 2-3 years, and only “after that certain difficulties will begin.”
Similarly, Khodorkovsky believes, Moscow will withstand a reduction in prices to the level of 50-60 dollars. “This price is critical only in the medium term,” he said.
“You shouldn’t count on miracles... Ukraine needs to rely more on itself, on its strength, its courage,” Khodorkovsky noted.
Khodorkovsky : Putin has a margin of safety against Western economic sanctions