Here's why Europe's new Russian fuel sanctions won't cripple Moscow

Here's why Europe's new Russian fuel sanctions won't cripple Moscow

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Russian President Vladimir Putin. REUTERS/Alexei Druzhinin/RIA Novosti/Kremlin On Sunday, the European Union imposes an import ban and price cap mechanism on Russian fuel products, such as diesel. Kpler lead oil analyst Matt Smith said the sanctions likely won't change Russia's overall production…

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