In this Russian-Ukrainian conflict provoked by the United States and Western countries, the United States and Western countries chose to "support" Ukraine through the means of sanctions against Russia, but even so, the United States and Western countries also seemed to be a little difficult, and the United States finally could not hold out, claiming that as long as Russia ceased fire and withdrew its troops, all sanctions would be lifted.
On March 5, local time, a number of US senators held online talks with Ukrainian President Zelenskiy, and informed sources revealed that Zelenskiy called on the United States to provide more military support to Ukraine and impose greater sanctions on Russia, including sanctions on energy. Zelenskiy advocated a ban on imports of Russian oil and a moratorium on all commercial transactions. The reality, however, is not what Zelenskiy had hoped. Recently, US Deputy Secretary of State Victoria Newland said in an interview with Russian media that if Russia stops special military operations in Ukraine, the West will write off the sanctions taken against Russia in this matter. It is undeniable that obviously this is not only the meaning of the United States alone, considering that the United States is the "bellwether" of Western countries, this statement of the United States undoubtedly represents the meaning of the entire Western camp.
In fact, the continued sanctions against Russia, for the United States and Western countries, is undoubtedly a thousand self-inflicted losses, such sanctions not only exacerbate the confrontation between the European Union and Russia, but also increase the risk to the energy supply of the European region, and will profoundly affect the economic recovery of the European region, especially in terms of energy. Since the outbreak of the Russian-Ukrainian conflict, international oil prices have exceeded $110. The price of natural gas in Europe reached $2,400 per 1,000 cubic meters, the highest price ever recorded. Previously, the price of gas per thousand cubic meters was less than 1,000 euros.
It is understood that as a commodity export power, Russia produces more than 10% of the world's oil and gas, and supplies nearly 40% of europe's natural gas, which has led to the previous sanctions imposed on Russia by the United States and Western countries covering many areas, but there is still room for energy, only concentrated in the field of technology, such as prohibiting the sale, supply, transfer or export of specific refined products and technologies to Russia, and restricting the provision of related services. Even before the outbreak of the conflict, the United States had energy exchanges with Russia, and specifically stressed that it would not prevent American companies from continuing to import energy from Russia.
In addition to the energy aspect, what worries the United States is that the threat of sanctions against Russia may make the global wave of de-dollars become the focus again. Earlier, the United States and the European Union, the United Kingdom and Canada issued a joint statement announcing that several major Russian banks are prohibited from using the International Settlement System of the Association for Financial Telecommunications (SWIFT) of the World Wide Banks as the latest sanctions against Russia, while imposing "restrictive measures" on the Russian central bank to prevent the Central Bank from deploying its international reserves in a way that could undermine sanctions.
Some experts believe that more than half of Russia's trade volume is traded with European countries, and if some Russian banks and SWIFT are cut off, it will promote the development of russia and other countries to further find alternatives to the SWIFT system, such as settlement through the euro. If this is the case, the use of the US dollar is likely to be overtaken by the euro. Obviously, this will erode the global financial system dominated by the us dollar and weaken the us dollar's voice. For the United States, the dollar is the main tool for the United States to maintain hegemony, and if the dollar's right to speak is weakened, then the hegemony that the United States relies on is bound to suffer a heavy blow. At present, the United States openly shouts that Russia "will lift sanctions as long as there is a truce", which on the surface is a kind of "exchange", but in fact it is more like the United States is looking for a step for itself.