US to sanction Russian shadow fleet for oil exports

Investment Analysis Clubs Macro Economic Trends and Risks
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{{ The U.S. Treasury imposed sanctions on Russian oil producers Gazprom Neft (SIBN.MM), opens new tab and Surgutneftegaz, as well as on 183 vessels that form part of a shadow fleet that has so far allowed Russia to skirt sanctions to get its oil to global markets. }}

https://www.reuters.com/markets/commodities/china-india-refiners-scour-world-oil-supplies-us-sanctions-curb-russian-supply-2025-01-13/

Of course, this could all change with a Putin-friendly Executive Order on January 20th. {{ LOL }}

intercst

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This will mean increased gasoline prices. But that could drive further EV adoption.
Developing a reliable $25K-$30K EV for the US market space is the key for EV adoption. But there seems to be no interest by US or EU EV manufacturers in such a product. “Not enough profit” for such an item. Especially as high price EVs and IC pickups and SUVs continue to fly out the door.

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He claims he is putin friendly but in reality he was not last time.

We squirm like fools for him. They love it.