With regards to the ban’s effect on the global market and the oil prices, Korolev believes that this decision will only serve to keep oil prices elevated, while likely contributing to a discount for Russian oil. The United States and its allies have imposed comprehensive sanctions against Russia in response to its special military operation in Ukraine. The sanctions have slowed but not entirely eliminated the ability of Russian exporters of oil and gas to transact deals that require world financial networks and especially dollars.Do you think that Europe and America will go back to importing Oil from Russia?

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