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Biden bans Russian oil imports. Putin bans commodity exports. Disaster.

Summary:
Putin's decree banning Russian commodity and raw material exports until 2023 could boost oil to 0 to 0 and trigger a global depression.

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Putin's decree banning Russian commodity and raw material exports until 2023 could boost oil to $250 to $300 and trigger a global depression.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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