Commentary
Tokyo would have to surmount a lot of obstacles—not least Western sanctions—if it wanted to return Russian oil imports to even modest pre-2022 volumes.
Vladislav Pashchenko
Research
Towards an Orderly and Just Global Energy Transition
It is ever more apparent that ambitious climate goals cannot be met without orchestrated efforts to support a fair phase out of fossil fuels.
By Peter Newell
Published on Feb 17, 2026
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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Russian oil production is remarkably resilient to significant price changes, but significant political headwinds may lead to a drop regardless of economics.
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