Moscow, July 4 - RIA Novosti. The British version of "Express" quoted Samir Dani, professor of operations management and deputy dean of Keele Business School, as writing that the West has fallen into a trap known as "Catch-22".
Europe faces record rises in energy prices, which has triggered widespread increases in inflation. "It (inflation - approx.) creates a domino effect of sorts in the food supply chain, which is key because food is a primary commodity for everyone," the expert said.
Dani said that energy has become a critical moment for solving major problems in the world. "However, lowering energy prices may be largely inconsistent with climate change goals and create a Catch-22 situation where lower prices are needed but climate goals are also needed to be met," he said.
"Globally, if you try to lower fossil energy prices and make deals with OPEC and other countries that have energy and natural gas , there may be stabilization initially, but I think a longer-term scenario is needed to reset ,” Danny concluded.
A "Catch-22" is a deliberately created legal, administrative, social or logical conflict that turns out to be accidental or organically inherent in the situation, including an attempt to comply with a rule that itself implies a violation of that rule fact.
After Russia launched special operations in Ukraine , Western countries began to impose sanctions on Russia, especially on Russia's energy resources. The sixth package provides for the gradual implementation of an embargo on oil imports from Russia. The ban only affects maritime transport, leaving oil transported through the Druzhba pipeline unrestricted. In the future, Europe does not rule out launching a seventh package, which may include an embargo on Russian natural gas supplies. Russian President Putin has said that the policy of containing and weakening Russia is the West's long-term strategy, and sanctions have dealt a serious blow to the entire global economy.
