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Bloomberg: Russian default won’t win the war, West should target Russia’s oil and gas

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In its recent editorial, Bloomberg wrote that keeping financial pressure on Russian dictator Vladimir Putin’s regime is “justified – but it’s no game-changer.” The U.S. and its allies should keep their focus on Russia’s exports of oil and gas, the country's main economic vulnerability, Bloomberg says. "Embarrassing Putin with a formal debt default would be well and good. But stopping the war demands a renewed commitment to economic isolation."

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The project follows a defense declaration signed by Ukraine and Norway on April 14 in Oslo, where President Volodymyr Zelensky and Prime Minister Jonas Gahr Stoere agreed to deepen military cooperation, including joint drone production, as part of a broader strategic partnership.

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