Babina, Tania; Hilgenstock, Benjamin; Itskhoki, Oleg; … - 2023
We use a unique high-frequency Russian customs dataset to evaluate the impact of international sanctions on Russia …, which both took effect on December 5, 2022. We find that Russia was able to redirect crude oil exports from Europe to … market segments that are unaffected by lower European demand, e.g., exports from Russia’s Pacific Ocean ports, have not …