![JPMorgan issues crude warning to EU JPMorgan issues crude warning to EU](https://exceptionalinsights.group/wp-content/uploads/2022/03/logo_200x200-2.png)
The price of oil could soar if the European Union abruptly bans Russian crude from its energy markets, JPMorgan said on Tuesday in a note seen by Business Insider. According to the investment bank, a full and immediate embargo would displace four million barrels of Russian oil per day, sending the benchmark Brent crude to…
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