Russian oil companies boycotted by Trump
Rosneft and Lukoil
US president Donald Trump has put up a boycott against the two biggest Russian oil companies. Rosneft is a state owned oil company and Lukoil is the biggest private oil company of Russia.
American companies can’t trade anymore with any of these companies. Immediately the oil price shot up. Brent oil went up with 6 percent and WTI oil with 5,5 percent.
This means we can expect higher oil, gas and electricity prices in the coming months.
It almost looks like it is kind of planned…
Sincerely,
Pele23
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It was natural for Trump to take a small step. But well, you can never believe (at least I dont) that two world powers would actually be at odds with each other. If they wanted to be at odds with each other, they would have taken serious steps a long time ago. I think the news we hear is not exactly what we think. It's as if they are speaking in a different language and there are two types of translation, one that we understand, the other that they understand themselves.👨⚕️🤚