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Russia Scrambles to Maintain Oil Sales, Lifeblood of Economy
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wsj.comIn their broadside of sanctions on Russia, the U.S. and its allies are going out of their way to spare energy shipments and keep economies humming and voters warm.
The oil market went on strike anyway. Acting as if energy were in the crosshairs of Western sanctions officials, refiners balked at buying Russian oil and banks are refusing to finance shipments of Russian commodities, according to traders, oil executives and bankers.
Read more on wsj.comAbout this in other media
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