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According to the report, Donald Trump has sanctioned Rosneft and Lukoil — Russia’s biggest oil exporters — affecting 5% of global supply. Brent crude jumped nearly 5%, hitting a two-week high. China and India, the largest buyers of Russian oil, are directly impacted. Trump says India will cut imports sharply, though there’s no official confirmation.
As oil markets reel, the world now braces for another energy shock. In this report, we explain what the sanctions mean, who’s hit hardest, and why this move could reshape the global oil trade.
There is a war on tariffs,war on drugs, war on oil trade and war with weapons versus weapons. The world is made ugly by human beings.
As oil markets reel, the world now braces for another energy shock. In this report, we explain what the sanctions mean, who’s hit hardest, and why this move could reshape the global oil trade.
There is a war on tariffs,war on drugs, war on oil trade and war with weapons versus weapons. The world is made ugly by human beings.