But it's not that simple. Russia isn't just dominant in the oil trade. It's one of the biggest producers of wheat and coal. And some experts believe Western leaders will stop short of outright embargoes, given their economies could be too badly damaged by the ensuing price rises as a result.
"Russia is too big to sanction," Fereidun Fesharaki, chairman at energy consultancy company FGE, told Bloomberg last week.
"The global market cannot survive without Russian oil, and certainly Europe cannot survive without Russian gas."
It is irrelevant what you think. What matters is the TRUTH.
