|
Russian sanctions triggered more than a surge in oil prices. Financial markets near-panicked bought in near-term futures contracts. While the jump in energy is already being called an huge inflation risk, it isn't even close. On the contrary, oil spikes always end a certain way. Eurodollar University's Money & Macro Analysis CNN Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort https://www.cnn.com/2025/01/10/politics/biden-admin-russia-energy-sanctions-ukraine/index.html https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |