How the US's Oil Ban Will Affect the Global Economy

RFF Fellow Brian Prest gives some perspective on the loss of Russian oil markets for Quartz.

View on Quartz website

Date

March 8, 2022

News Type

Media Highlight

Source

Quartz

Russia may be able to find other buyers for its oil than the US and the UK, said Brian Prest, an economist with Resources for the Future, a non-profit that does energy research. The oil sanctions, then, won’t have as much impact on Russia unless the EU and other countries and follow suit.

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