3min chapter

The Duran Podcast cover image

Russian economy and Gazprombank

The Duran Podcast

CHAPTER

Sanctions and the Impact on Global Energy Markets

This chapter explores the consequences of the Biden administration's sanctions extension on Gazprom Bank, highlighting its political motivations and implications for the international energy market. The discussion includes the effects on European reliance on Russian LNG and the potential for future trade dynamics and consumer prices.

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