Financial Times/Derek Bower and David Sheppard/11-28-2022
“The potential unraveling of the old order in the global oil market will reach a defining moment over the next week when Europe starts to block Russian seaborne crude from the continent — one of the strongest responses yet to Vladimir Putin’s brutal invasion of Ukraine.”
USAGOLD note: A deep dive inside the oil market …… “No one can say,” advised FT, “how disruptive these measures will be.” Much hangs in the balance.
