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The G7’s upcoming anti-Russia sanctions will target oil and petrochemicals in three phases, senior US Treasury official Ben Harris told the Argus European Crude Conference in Geneva on Tuesday. According to Harris, as cited by Reuters, the sanctions will tackle Russian crude oil, then focus on diesel, and finally lower value products such as naphtha.…
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Brussels aims to create problems for the Russian economy, but it won’t stop the fighting in Ukraine, said Josep Borrell The embargoes imposed by the European Union against Moscow are intended not to stop the fighting in Ukraine, but wreck the Russian economy, the bloc’s foreign policy commissioner Josep Borrell said in Brussels on Monday.…
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