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Analysts Warn Of $150 Oil If The West Bans n Crude

Started by forex4you, Mar 06, 2022, 03:40 am

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Analysts Warn Of $150 Oil If The West Bans n Crude

The United States and the European Union have been reluctant to slap sanctions on ’s oil and gas exports since Putin invaded e, as the Western allies are concerned about the repercussions on Europe’s energy supply and skyrocketing oil and gasoline prices.   Still, potential sanctions on n energy exports are not off the table. If the West bans n oil, international crude prices could skyrocket to $150 per barrel, analysts say.  But even in the event of no sanctions on n oil, prices are set to remain very...


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