The ban on Russian oil should force Russia to end the war in Ukraine. But petroleum is our most important source of energy as a fuel and raw material for industry. Is the supply in jeopardy? What about the price effect? Does the Boycott Really Hurt Russia? And are there pitfalls? Professor of international energy politics Thijs van de Graaf of Ghent University answers six crucial questions. “On December 31, the tap will be turned off and we will feel that in our wallets”.
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Expert on Russian oil ban: “This will further fuel inflation while Moscow can try a divide-and-rule game”
