… imagine thinking that excluding Russia oil and gas from sanctions would somehow avoid disruptions to Russian oil supply.
Watch crude cargoes ex-Urals go “no-bid” soon (that’s if it isn’t already happening).
The world’s second-largest crude oil producer (of a similar size to Saudi) is about to have a chunk of its output not getting to market…. a market which was already undersupplied before all this kicked off.
No matter how long oil and coal I am, I fear I’m still not long enough.
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