Buyers of Russian oil now risk playing a high-stakes poker game, as fresh sanctions on Moscow lift prices

Core Insights - The latest U.S. and E.U. sanctions are aimed at two of Russia's largest oil producers, potentially impacting the country's revenue generation for its ongoing conflict in Ukraine [1] Group 1: Sanctions Impact - The sanctions may succeed in reducing Russia's ability to finance its war efforts [1] - There is a possibility that these sanctions could alter the dynamics of the global oil market [1]