The European Union has recently implemented a new oil price cap, aiming to limit Russia’s oil revenues. However, Russia has responded by shrugging off the move, claiming that it is immune to sanctions. The Russian government has stated that the country’s economy is resilient and can withstand the impact of sanctions. The EU’s oil price cap is part of a broader effort to restrict Russia’s energy exports and limit its ability to fund its military activities. Despite this, Russia has expressed confidence in its ability to maintain its oil production and exports. The country has been exploring alternative markets for its oil, including Asia, and has been investing in new infrastructure to support its energy exports. Russia has also been developing its own payment systems and currencies, reducing its reliance on Western financial institutions. The EU’s sanctions have had a limited impact on Russia’s economy, with the country’s GDP growth slowing but still remaining positive. The Russian government has implemented various measures to mitigate the effects of sanctions, including increasing government spending and providing support to key industries. The country’s energy sector has been a key driver of its economy, with oil and gas exports generating significant revenues. Russia has also been investing in renewable energy sources, aiming to reduce its dependence on fossil fuels. The EU’s oil price cap is expected to have a limited impact on Russia’s oil production, with the country’s energy companies adapting to the new regulations. The Russian government has stated that it will continue to support its energy sector, ensuring that the country remains a major player in the global energy market. The EU’s sanctions have had a significant impact on the global energy market, with prices fluctuating in response to the changing geopolitical landscape. The Russian government has expressed concern over the potential impact of sanctions on the global economy, warning that they could lead to increased energy prices and reduced economic growth. The EU’s oil price cap is part of a broader effort to reduce its dependence on Russian energy imports, with the bloc seeking to diversify its energy sources and reduce its vulnerability to supply disruptions. The Russian government has stated that it will continue to engage with the EU and other international partners, seeking to resolve the ongoing conflict through diplomatic means.