Oil is the lifeblood of the Russian economy. The EIA has a chart out this morning showing how dependent Russia's economy is on oil and gas. The data come in the context of new sanctions imposed by the U.S., and threatened by Europe, for Russian muscle-flexing in Ukraine. Russian oil firms have brushed them off for now but their longer term impact is more uncertain.

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Topics:  the eia   europe   ukraine    in   raw    join   russian   russia   u.s   u.s    oil and gas   exports   petroleum   crude   products   
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