Moscow isn’t happy to lose Brussels as a strategic partner but must accept this new reality, the former president has said Russia and the European Union are now “true enemies” rather than neighbors, according to former Russian President Dmitry Medvedev.
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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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