Impact of Russian Oil Sanctions on Europe

How hard will it be to replace Russian oil? After the EU Commission proposed banning all oil from Russian imports by the end of the year, governments in Europe are trying to find ways to make up for a fifth of crude oil needs. One analyst says Asia will utilize the opportunity to snatch up the oil.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.