EU sanctions on Russian oil may disrupt global supplies – analysts ...News

The restrictions could force Moscow to cut crude production, according to experts cited by Reuters The EU ban on imports of Russian petroleum products could disrupt global trade flows after the measure enters force on February 5, Reuters reported on Thursday, citing analysts. The bloc’s sanctions targeting refined oil products, including diesel and jet fuel, may ultimately impact overall supply due to the risk that the restrictions could force Russia to curb production and refining. “Barrels will get out and find a market, logistical challenge but not a supply challenge,” senior research associate Ian Moore at glo

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