US Sanctions on Russian Oil Tankers Threaten Global Imports; Trump's Policy Stance Crucial

New Sanctions by U.S. in Russian Oil Tankers Will Create a Disruptive Effect Across Global Oil Import, Which Also Affects Global Importers Most, Such As India and China. The Latest Sanctions Announced by America Target Russian Crude Oil Ships, Seeking an End to Putin's Revenue Streams to Curb Continued Geopolitics. The Consequences of Those Sanctions Also Depend on Whom President Elect Donald Trump Supports in the Terms of Policies Forthcoming Shortly. Analysts think a tough policy could worsen the supply chain issues, but leniency would help cushion possible market volatilities. International trade in energy is very watchful for policies that might sway the interlinkages with their economies.

Source: The Indian Express