Tag: oil
War in Ukraine LIVE: Pushed by proposed Russian EU embargo, Brent oil above $110…
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Video: Habeck does not rule out problems with the EU oil embargo
STORY: According to Economics Minister Robert Habeck, the oil embargo against Russia planned by the EU Commission has sufficient transitional periods for Germany. Nevertheless, there could be problems, said the…
Foreign Exchange and Commodities – Planned Embargo Drives Oil Prices – Economy
The euro rose on Wednesday following the US Federal Reserve’s eagerly awaited interest rate decision. The common currency climbed above the $1.06 mark and was up 0.9 percent at $1.0616…
Difficult contact in Azovstal, EU divided over Russian oil embargo
Did you miss the latest events on the war in Ukraine? Do not panic, 20 minutes updates you every night at 7:30 p.m. Who did what? Who said what? Where…
Oil embargo against Russia: Well intentioned – but not well thought out
comment As of: 05/04/2022 3:57 p.m An EU oil boycott is intended to weaken Russia – but this plan contains several flaws. Possibly President Putin would even make money from…
Price jumps and more unemployment? An EU oil embargo harbors considerable risks
Answer questions sanctions Higher prices and more unemployment? An EU oil embargo harbors considerable risks Experts expect prices to rise if there is an oil embargo against Russia © Julian…
Sixth package of sanctions presented: EU wants import stop for Russian oil
Status: 04.05.2022 1:50 p.m The President of the Commission presented the EU’s sixth package of sanctions against Russia. The most important point is an oil import ban. However, it will…
Consequences of an EU embargo: How Russia depends on oil exports
Status: 05/04/2022 11:22 a.m How hard would an oil embargo hit Russia? The state budget is also based on revenues from the oil business. Therefore, the Kremlin is now relying…
Sixth package of sanctions presented: EU wants import ban on Russian oil
Status: 05/04/2022 10:32 a.m The President of the Commission presented the EU’s sixth package of sanctions against Russia. The most important point is an oil import ban. However, it will…
Consequences of the oil embargo: Russia’s economy could hold out
Status: 04.05.2022 09:28 am The EU hopes that an oil embargo will further weaken Russia’s economy. But economists are dampening expectations that the Moscow government could quickly run out of…