TLDR An unanimous agreement on the Russian oil embargo has yet to be arrived with the EU at odds of funding the upgrading of refineries owned by Hungarian energy group MOL on the basis of unfair competition. The suggestion has been put forward that heavy tariffs could be levied onto Russian oil on top of embargoes to allow more Russian oil to flow in the market while reducing the revenues received by Russia.
Commodities Update - Week Ending 21 May 2022
Commodities Update - Week Ending 21 May 2022
Commodities Update - Week Ending 21 May 2022
TLDR An unanimous agreement on the Russian oil embargo has yet to be arrived with the EU at odds of funding the upgrading of refineries owned by Hungarian energy group MOL on the basis of unfair competition. The suggestion has been put forward that heavy tariffs could be levied onto Russian oil on top of embargoes to allow more Russian oil to flow in the market while reducing the revenues received by Russia.