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House Passes Russian Oil Ban Building On Biden’s Executive Order After Ukraine Invasion

Yahoo Finance

Biden’s Russian oil ban won’t stop petrodollars from flowing into dark crude supplies

The move sent WTI crude oil futures (CL=F) surging 4.3% to settle at $123.70 — the highest closing price since 2008. But even as more nations join the U.S. to participate in the blockade of Russia’s largest export, so-called “dark supplies” of Russian oil and gas will still flow to the rest of the world in shadow markets, warns one veteran energy trader.
finance.yahoo.com/news

March 2022
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