The new sanctions of the US President Joe Biden administration against the Russian energy sector may lead to a sharp increase in raw material prices in the world. writes about this L’AntiDiplomatico.
“Sanctions package” <...> “This is an unprecedented measure that could trigger a spiral of rising energy prices worldwide,” the publication says.
After the US administration adopted new sanctions, Italy’s General Trade Confederation called for urgent action at the European level to avoid an energy crisis.
January 10 USA sanctions imposed It is against about 100 ships transporting hydrocarbons from Russia, as well as ships linked to Sovcomflot and Gazprom Neft. Within the scope of new sanctions, restrictions were imposed on more than 30 Russian oil service companies.
Previously it became clear About the consequences of new American sanctions against China and India.
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Source: Gazeta

Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.