4min chapter

Odd Lots cover image

This Is What Sanctions Can Do to the Russian Economy

Odd Lots

CHAPTER

Is Russia Targeting Energy or Commodities?

The us. and europe have stayed away from directly targeting energy, but i think it's very hard to say that the current sanctions aren't hitting energy. I was just seeing right before the show, that russian oils trading at a discount. Financial institutions deaings with commodities aren't as forthcoming with letters of credit. And there was an announcement from shipping companies too that they're not, they might be peeling away from energy. So in that sense, i think therethere will be an effect directly.

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