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5 Articles
If the US president carries out his threats against Russia, it could lead to a reduction in the global supply of energy resources. However, traders do not believe this pressure on Russia will have a negative impact on the market. The world has an abundance of raw materials.
COMMENTARY: Markets Call Trump’s Bluff on Russian Oil Sanctions in Increasingly Risky Game - Bousso - Energy News, Top Headlines, Commentaries, Features & Events
By Ron Bousso Oil markets discount risk of Trump hitting Russia with secondary sanctions Russia produces nearly 10% of global oil, is the third largest exporter Secondary sanctions could lead to severe energy price shock, inflation LONDON, July 15 – U.S. President Donald Trump’s threat to choke off Russia’s oil revenue via secondary sanctions would ...
The Oil market doesn’t buy the secondary tariff threat – ING
ICE Brent settled a little more than 1.6% lower yesterday, taking prices back below US$70/bbl, despite President Trump’s “major statement” on Russia. Trump threatened to impose secondary tariffs of 100% on Russia if President Putin didn’t make a deal within 50 days to end the war in Ukraine.
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