World & BusinessRussian oil flows reportedly dip amid US tariff threat
Bloomberg says Moscow’s oil windfall faces pressure from threatened US import tariffs on countries buying Russian oil and restored shipments from Saudi Arabia’s west coast.
TLDR
Bloomberg reports that Russian oil flows have dipped. It says returning Saudi crude exports and the threat of US import tariffs on countries buying Russian oil could eat into the Kremlin’s war chest.
Russian oil flows reportedly dip amid US tariff threat
Bloomberg says Moscow’s oil windfall faces pressure from threatened US import tariffs on countries buying Russian oil and restored shipments from Saudi Arabia’s west coast.
TLDR
Bloomberg reports that Russian oil flows have dipped. It says returning Saudi crude exports and the threat of US import tariffs on countries buying Russian oil could eat into the Kremlin’s war chest.