This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roland O. Rechtsteiner, Partner, Global Energy Practice, Oliver Wyman Both the coronavirus pandemic and a Russia/Saudi Arabia price war have sent oil prices plummeting. Oil supply and demand might not become rebalanced until well after the virus is […]
Who is to lose from the 6-month extension of the EU economic sanctions against Russia?

The European Foreign Ministers gathered in Luxembourg two days ago and decided to continue imposing economic sanctions to Russia for another six months. This shows the strong intention of Europe to weaken Russia’s power in Ukraine and thus put a stop on Russia’s imperialistic plans. However, Russia claims these sanctions as “illegal and unfounded” and will fight […]