Russia Is Feeling the Pain of Europe ’s Oil Embargo

A near-total ban on imports of Russian crude into the European Union is finally hitting Russia’s oil revenue. Concerns that it would provide the Kremlin with a windfall to fund its war in Ukraine have been confounded — for now. To mitigate the impact, the US proposed a price cap on Russian…#bloombergfirstword #middleeast #brent #julianlee #centreforglobalenergystudies #poland #javierblas #western #turkey #merrynsomersetwebbeurope
Source: Reuters: Health - Category: Consumer Health News Source Type: news