The European Union and the U.S. have ramped up sanctions on Russia’s oil sector, aimed at pressuring Russia over its war in Ukraine. Putin dismissed the restrictions as “unfriendly,” while analysts suggest the measures could raise global oil prices.
The European Union and the U.S. have ramped up sanctions on Russia’s oil sector, aimed at pressuring Russia over its war in Ukraine. Putin dismissed the restrictions as “unfriendly,” while analysts suggest the measures could raise global oil prices.
