US unveils broad sanctions on Russian oil and LNG
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- US sanctions greater than 180 tankers in Russia’s shadow fleet
- Sanctions Gazprom Neft and Surgutneftegas
- Senior Biden official says he expects sanctions to price Russia upwards of billions of monthly
- Expects Russia to make each effort to avoid sanctions however prices of doing so will pile up
- Sanctions additionally goal dozens of merchants, oil-field providers and Russian vitality officers
This was leaked earlier and brent crude is up $2.73 to $79.65.
This text was written by Adam Button at www.ubaidahsan.com.
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