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World

Will the West boycott Russian oil?

3 March 2022

2:00 AM

3 March 2022

2:00 AM

The price of Brent crude exceeded $112 a barrel this morning. There is, as yet, no interruption in supply from Russia, nor any ban on buying their oil (save for in Canada) – but western companies are reported to be exercising a voluntary boycott. Either that, or they are sceptical of whether their orders will actually arrive.

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