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Market Extra: Why the U.S. ban on Russian oil imports differs from the 1970s embargo for markets

Market Extra: Why the U.S. ban on Russian oil imports differs from the 1970s embargo for markets

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U.S. oil prices topped $123 a barrel on Tuesday, a level last seen in 2008, after the Biden administration banned Russian oil, natural gas and coal imports in retaliation for Moscow’s invasion of Ukraine.

...read full article on Market Watch

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