What Europe Risks With Wider Sanctions on Russian Oil

The campaign by western nations to defund the Kremlin and force President Vladimir Putin to abandon his war in Ukraine is reaching a delicate phase. From Feb. 5, the European Union will join the UK and the US in banning seaborne imports of Russian diesel and other oil products. The measure, coupled with a price cap on Russian fuel exports, could blow a sizable hole in Moscow’s energy revenues. The flip side: If European buyers are unable to find alternative supplies, the sanctions could heap new

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