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Russian officials are braced for sanctions, which will definitely affect tourism. However, just like us (US and everywhere else) they do not move in lock step with, or even know what their leaders are doing. Russia is arguably the largest oil exporter in the world, exporting 11,000,000 barrels a day, and barrels were at like 107$ and now are like 78$ so yeah, thats 330,000,000$ per day less, or $120bil less a year. Also $20 Bil in tourism will suffer a bit, and of course all industries are going to be hit a bit. In a highly leveraged economy, especially one with a GDP 2.1 tril that is a 7% hit! A 7% hit on the US would devastate our economy. It may not be quite as simple as CyberSEO is making out to be, but to a large extent he is correct IMHO
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