War in Ukraine: Russia says it may cut gas supplies if oil ban goes ahead
A top official says Russia may close its gas lines to Germany if the West halts oil imports. …
Analysts at Capital Economics have forecast oil prices could rise to $160 a barrel if the West imposed sanctions on Russian exports, but David Oxley, senior global economist at the consultancy, told the BBC it was disruption to Russian gas that would hit countries harder, describing it as a “completely different kettle of fish”.
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