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EU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply Shock — Tom Kool

Summary:
Unintended consequences.OilpriceEU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply ShockTom Kool https://sputniknews.com/20220502/paying-for-gas-via-russia-proposed-mechanism-is-violation-of-sanctions-eu-official-says-1095209324.htmlAlsoSputnik International (Russian state-sponsored media)Proposed Mechanism is Violation of Sanctions, EU Official Sayshttps://sputniknews.com/20220502/paying-for-gas-via-russia-proposed-mechanism-is-violation-of-sanctions-eu-official-says-1095209324.htmlRelatedThe long run this might be the biggest news.Russia’s war in Ukraine has put global energy security in the spotlight.Long-term net-zero plans from Europe and the United States remain in tact, but elsewhere, energy security remains the top priority. China and India have been ramping up the use of

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Unintended consequences.

Oilprice
EU Rejects Russia’s Ruble-For-Gas Scheme, Warns Of Supply Shock
Tom Kool

https://sputniknews.com/20220502/paying-for-gas-via-russia-proposed-mechanism-is-violation-of-sanctions-eu-official-says-1095209324.html

Also

Sputnik International (Russian state-sponsored media)
Proposed Mechanism is Violation of Sanctions, EU Official Says
https://sputniknews.com/20220502/paying-for-gas-via-russia-proposed-mechanism-is-violation-of-sanctions-eu-official-says-1095209324.html

Related

The long run this might be the biggest news.
  • Russia’s war in Ukraine has put global energy security in the spotlight.
  • Long-term net-zero plans from Europe and the United States remain in tact, but elsewhere, energy security remains the top priority.
  • China and India have been ramping up the use of coal, faced with volatile and record-high natural gas prices.
Oilprice
The War In Ukraine Has Stalled Global Efforts To Cut Emissions
Tsvetana Paraskova
https://www.blogger.com/blog/post/edit/2761684730989137546/3084400132195192625#

Also

U.S. Fuel Exports Are Draining Domestic Diesel And Gasoline Supplies
Michael Kern

https://oilprice.com/Latest-Energy-News/World-News/US-Fuel-Exports-Are-Draining-Domestic-Diesel-And-Gasoline-Supplies.html
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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