TOKYO -- Completely cutting off exports from Russia via sanctions would be equivalent to lopping off as much as $460 billion from its economy, according to an estimate by Nikkei and the Japan Center for Economic Research.
Energy imports by West hold key to maximizing Moscow's economic pain
An employee inspects a wellhead at an oil field in Irkutsk, Russia. Energy-related exports make up around half of Russian exports. © Reuters
TOKYO -- Completely cutting off exports from Russia via sanctions would be equivalent to lopping off as much as $460 billion from its economy, according to an estimate by Nikkei and the Japan Center for Economic Research.