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How the Ukraine war is affecting oil and gas markets
Dollar & Sense: The Brookings Trade Podcast
Is There Anyone Who Can Make a Difference?
Russian exports have decreased significantly. Consumers just don't want them, and they also don't want to necessarily deal with the banking sanctions volved with paying for that oil. If all five million barrels per day would come off the market in a 100 million barrel a day mark m that is not replaceable. M yes, others can make up for that. So it just depends on how bad the disruption gets.
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