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The Next Phase of Oil Embargoes

June 3, 2022

Episode Notes:

On Thursday, the European Union approved its sixth sanctions package against Russia, which will include a “phased-in” oil embargo.

Here to update us on how the invasion of Ukraine is affecting global energy markets is Dr. Emily Holland. Emily is an assistant professor in the Russia Maritime Studies Institute at the U.S. Naval War College.

[ 0:40 ] Impact of latest sanctions

[ 2:53 ] Alternate suppliers

[ 3:49 ] OPEC-plus production increase

[ 05:42 ] Prices rise as Russia sells elsewhere

[ 06:43 ] Long-term picture

[ 8:02 ] E.U. unity?

[ 9:17 ] Russia's plan to divide and conquer

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