Global MFG - Dec 5, 2022
Gas War: Russian Oil Now Under New Embargo
With the Russo-Ukrainian War ongoing, sanctions against Russia have become increasingly common. Western nations are casting a wide net in the hopes that bankrupting Russian businesses will destabilize the country and nullify its ability to wage war. The newest financial offensive is here and it's a big one. As of December 5th, the European Union and G7 countries have decided to cap Russian oil in the hope of reducing Moscow's export revenues.
Matt Posky | The Truth About Cars #oil #Russia