Tag: European sanctions

Energy, Industries

Germany Drops Opposition to Embargo on Russian Oil

April 28, 2022

Via: The Wall Street Journal

Germany is now ready to stop buying Russian oil, clearing the way for a European Union ban on crude imports from Russia, government officials said. Berlin had been one of the main opponents of sanctioning the EU’s oil-and-gas trade with […]

Finance Tech, Liquidity

EUR/USD Forecast: Proposed Sanctions Unmasks Key Level as Euro Fades

April 5, 2022

Via: DailyFX

Planned U.S. and European sanctions on Russia have weighed negatively on the Euro this morning, highlighting the currencies high correlation to the geopolitical situation in Ukraine. Once details around the sanctions are revealed, the Euro could come under additional pressure. […]