Western sanctions on the Russian oil and gas sector and entities have not yet been as functional as expected by most. Still, Moscow’s energy stranglehold on Europe’s energy sectors has been broken by Western actions. Until now, Russian President Vladimir Putin has not been hitting back with a vengeance, but that looks like it's about to change. Putin has ordered the seizure of Austria’s OMV and Germany’s Wintershall DEA assets in Russia. The main aim is clearly to hit back at the West while also cementing control of the…
