Works both ways too. Some of the Eurasian countries have stopped exporting to Russia to avoid sanctions.
Crude dropped -$5 today, most likely to do with FED raising rates, and more to come, as well as recession talks getting louder. Recession is almost inevitable which might drop crude lower and lower. Then what does Putin do? "The cure for high prices is higher prices". Might be the cure to getting rid of Vladdy duh dah too.
Russia again cuts natural gas exports thru European pipeline https://apnews.com/article/russia-ukraine-germany-canada-478f16db40c4881a8b4f64e0c0648b30
I have to wonder what Germany particularly has in the pipeline as a technological solution. They can certainly produce syngas though unless they do something radical like tie in a nuclear reactor's waste heat to facilitate the hydrogen extraction it won't be very environmentally friendly. Dunno, there must be plans afoot. Better look.
https://renewablesnow.com/news/germanys-edl-plans-eur-700m-green-kerosene-plant-near-leipzig-782556/ Hmmm seems they habe just commissioned a large synthetic kerosine (similar to syngas, mix hydrogen with recycled carbons) project but it will be a bit late to help with WWIII.
Several oligarchs understood this in time and already moved out billions to Europe mostly. They knew Putin very well and also the risk of kepeing their money in Russia. Abramovich, Tinkov, Friedman and others moved out already money years ago. They also reduced their participations in Russian companies and switched to areas out of Putin's reach.
Russia has Putin. The US has Biden. The old Chinese curse May you living in interesting times is coming true for the world.