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Russian Oil Price Disaster - Joe Blogs
In this video I discuss the recent round of Russian sanctions approved by the European Union. This is the 18th round of sanctions since the war in Ukraine started and could potentially have the biggest impact as the Oil Price Cap has been changed to be dynamic and adjust along with movements in the general price of oil. In addition the EU has also sanctioned more Russian banks, Russian oil tankers, Russian Refined Oil Products and even some Chinese Banks. All of this is bad news for Russia and the Russian Economy.
Chapters:
0:00 Financial Crisis
10:49 SUMMARY & CONCLUSION