I dont think the easing of sanctions after the New Year will help Russia in the long term. It may buy them additional time, but the basic, fundamentals of the Russian economy is in very bad shape. Lifting sanctions wont solve those problems- they are internal and deep rooted. The bulk of which is tied to social programs and defense. ( in 2025 defense is set to be 41% of total Russian budget ) That doesnt leave much wiggle room if your numbers are off.
And the bulk of Russian revenue is in sales of Urals oil. If that price gets around $60/pbl - they are in a really bad spot ( currently around $67 )
They have a myriad of issues to sort thru and consequences from how they deal with the issues ( could be hyperinflation, stagflation or deep recession - depending on how they go about dealing with current issues ) I think it was posted here last week:
Russia running out of bullets to effectively tackle all the issues. If they run out completely, thats when things will spiral, and it wont stop until it hits bottom.
Lots of moving parts to a countrys economic well-being. Any deviation or shock to any one part can cause issues in a HEALTHY economy. Russian economic health is failing- so imagine what a major crisis/shock would do then? fast-track the spiral.
( should also give one an appreciation for the FED here and just how hard it is to keep things steady when there is/are a crisis - financial or otherwise )