4min chapter

Let's Appreciate cover image

Everyone is Impacted by the Energy Crisis

Let's Appreciate

CHAPTER

The Kremlin's Retaliation for Russia's Oil Cut

G7 nations implemented a price cap on Russian oil aimed at curbing the Kremlin's revenue. Russia said it will not resume supplies to Europe until the collective West lifts sanctions against Moscow over its invasion of Ukraine. OPEC is sort of exacerbating the whole situation and cutting production because they're worried about oil prices.

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