Putin has an annual press conference coming up soon. Many anticipate a softening of his stance on Ukraine, in a bid for loosening sanctions. I am more fearful of him introducing ham-fisted capital controls. Apple may be similarly cautious.
Shouldn't we all be afraid of the opposite, namely war, like with Japan 1941? After all, one of the major reasons for trying to retain control of Ukraine was for the energy resources and pipelines; the rout in oil has shown how important energy is to the Russian economy and I would expect that losing control of Ukrainian energy assets would permanently impair the Russian economy.
War is the worst case scenario for everyone. I don't think even Putin would leap straight there, though if you think it's a possibility then yes it's a bigger thing to fear than capital controls.
If the Russian economy is already overdependent on oil money, they should be looking to diversify, not to acquire more energy assets.
