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Russian Oil

Fuel Shipping Costs Soar

June 29, 2022
Fuel shipping costs soar

The cost of shipping has added another variable to the complicated global inflation and energy crisis. According to the Baltic Exchange data as reported by Bloomberg, hauling rates have reached a high not seen since April … Read more

Categories Economy Tags energy crisis, Russian Oil, supply chain crisis, World Trade

The Real Reason Behind The EU’s Drive To Embargo Russian Oil

May 14, 2022
long-term oil prices

This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, … Read more

Categories Economy Tags Russian Oil

Oil Spikes After EU Says Russian Embargo ‘Imminent’ As Germany Drops Opposition

March 16, 2024April 28, 2022
Socal Gas prices in Los Angeles in late March 2022

Throughout the whole month consistently rejecting a proposed European Union ban on Russian oil, but while also walking a delicate tightrope of opposing Putin’s demand of payments in rubles for Russian energy, Germany is now ready … Read more

Categories Miscellaneous Tags embargo, Gas prices, Germany, President Biden, Russian Embargo, Russian Oil

US Asks Germany to Hold Off on Russian Energy Sanctions Until Midterm Elections

April 28, 2022
Biden Puppet Master

Reports are circling that the Biden Administration has begged Germany to hold off on banning Russian oil until after the midterm elections. The Democrats are so desperate to win amid their record-low popularity that they are … Read more

Categories Economy Tags 2022 US Midterm elections, Energy, energy crisis, Germany, Russian Oil

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