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Tag: oil exports (Russia)
Oil prices jumped more than 2% on Friday, heading for weekly gains, as Moscow announced plans to reduce crude production next month in response...
In terms of energy, however, awareness of the failure of the sanctions against Moscow is beginning to make its way among the rulers of the EU countries.
Russian sanctions can severely impact European and American hydrocarbon and nuclear energy markets. Russia plays chess while The West continues its stubborn game of chicken.
Russian gas export; Russia oil export; European energy market. Alexander Novak is currently the Deputy Prime Minister of the Russian Federation; previously served as the Minister of Energy.