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New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn

U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative paymen...

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New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks and complexity, driving up hydrocarbon prices. Alexander Frolov from the Institute of […]

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