How the EU will allow a slight increase in Russian oil exports

With the European Union’s recent adjustments to the sanctions against Russia, a small increase in Russian exports of oil looks set to be allowed.

Photo: Tatiana Meel/Reuters/Ritzau Scanpix

By Alberto Nardelli, bloomberg news

Oil traders are asking the question whether they can now handle more Russian oil following adjustments to sanctions by the European Union. The answer appears to be yes, a little.

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