Oil Price: Ukraine War Will Increase Gasoline Prices

What other sanctions once morest Russia are you thinking of?
Other sanctions might include direct sanctions for deliveries of oil and gas. But that probably won’t be necessary because Russian oil is hardly ever bought anymore. There are no ways to transport this oil by tanker because the big shipping companies avoid Russia. Insurance companies are demanding higher premiums, banks are withdrawing their loans, and western oil companies are also withdrawing from Russia, see BP.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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