Perhaps more disturbing is the long-term situation with Russian natural gas. For the foreseeable future, Putin has managed to cut off his primary customers, and made his 2 European pipelines effectively worthless.
There will be an economic crisis this winter... in Russia.
I cannot find what I read yesterday. It may have said oil and gas revenue will be halved.
But yea, anyone with a memory will be wary of doing business with them.