WSJ: Oil sanctions and the Ukraine war

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (9)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

I’ve been saying, go pound their oil industry for some time:

wsj.com - Trumps oil sanctions strike at russias economic lifeline

Analysts say the impact of blacklisting Rosneft and Lukoil—Russia’s biggest oil producers—will hinge on three things: how well they are enforced, the reaction of major markets in India and China, and whether Moscow can circumvent the measures.

The new U.S. sanctions “mark the most material move to date by the U.S. to shutter the Russian war ATM,” Helima Croft, head of global commodity strategy for RBC Capital Markets, wrote in a note to clients. “If the Trump administration does indeed back today’s words by action, we anticipate that refiners seeking to retain access to U.S. capital markets will forgo Russian barrels.”

The European Union on Thursday approved new sanctions phasing out purchases of Russian liquefied natural gas and targeting more than 20 Chinese and other foreign firms involved in the Russian oil trade. Trump’s decision to impose the U.S. sanctions came after the Kremlin rejected Washington’s call for a cease-fire along the current front lines, followed by peace talks. The president has previously called for Europe to hit Beijing economically for continuing to support Russia’s economy.

About time.

Cut off the dollars and Putin’s ability to buy guns and dudes dries up.

Post New | Post Reply | Report Post | Recommend It!

Print the post Share: X · FacebookFB · LinkedInLI · WhatsAppWApp · Email

Members reply directly to Dope1 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »

This community has written 84,309 posts about US Policy. The article-length ones it recommended most:

It's going to get worse · 33 recs · 2025

G’day Donny · 30 recs · 2026

Old Related Story · 28 recs · 2026

HCR is a national treasure · 27 recs · 2025

Fascism in America · 27 recs · 2025

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website The Motley Fool (TMF) in any way. The Shrewd community here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.