The President of Ukraine Asked To Stop All Links With Russia

The+President+of+Ukraine+Asked+To+Stop+All+Links+With+Russia

Alexis Damour, Management

Monday , the president of Ukraine Volodymyr Zelesnky asked the population of Ukraine to break every link between them and Russia.

 

Volodymyr Zelesnky affirms “that every country in NATO should stop every commercial links with Russia and not buy oil from them anymore”

 

This decision would be really hard for every europeens countries. They depends from Russiai to give them hydrocarbons. A lot of people thinks that if they stop to buy from Russia it would ruin the economy in Europe mainly Germany.

 

Next Monday, The president of Ukraine will have a meeting with FCO (Foreign and Commonwealth Office) to talk about messures against Russian oil exports

 

“Given the extent of the destruction in Ukraine right now, it is very difficult to advocate for [sanctions] that would not yet extend to the energy sector, especially oil and coal.” A quote from Simon Coveney, Foreign Minister of Ireland

 

“Such an embargo would have a very serious influence on the world oil market, a harmful influence on the energy market in Europe. But the Americans won’t lose anything, it’s obvious, they will feel much better than the Europeans.” said the spokesperson Dimmitri Peskov.

 

The price of a barrel could go up to 300$ US so around 377$ canadian if all the countries around Russia stop getting their oil from there. Said the deputy minister of Russia Alexander Novak. In 2020 one barrel of oil was around 47$ USD, this is around 250$ more in 2 years its first time that something like that happens.