It would be crude to presume the EU can stop the flow of Russian oil
New EU rules have come into effect but it’s going to be difficult to separate crude oil according to geography
15 May 2022 - 17:56
On Sunday EU regulations prohibiting dealings with Russian state energy companies came into effect. That should trigger a further decline in the volume of crude and refined products bought and traded by European companies, but it won’t bring flows to a halt...
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