Western sanctions on oil bite and Russia responds in a confused way

Western sanctions, which since December 5 include the EU embargo and the G7 price cap on Russian oilthey bite, and Moscow’s strategy appears increasingly confused and contradictory. The devaluation of the ruble by about 20% against the dollar in recent weeks, although it has positive implications for the budget, it is the product of a weakening of economic fundamentals. But the authorities have given two different explanations.