New Russian Sanctions Were To Upend Markets. Why They Didn’t?!

Credits: Galen Crout/Unsplash

Europe and other countries put new sanctions on Russian oil products Sunday that were expected to upend global fuel markets and send the price of diesel spiking. On Monday, after the new sanctions were enacted, the fuel market barely budged, reports Barrons.

U.S. diesel fell 0.2% on Monday. It’s off 3% from the same time a year ago, before Russia invaded Ukraine.

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Source: Barrons


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