Russian oil supplies have been resilient to the EU embargo and the G7 price cap, limiting the effect of sanctions on global oil prices. But sanctions could yet have a stronger impact on global oil markets as uncertainty remains, says the #EconomicBulletin https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202302_02~59c965249a.en.html

🐦🔗: https://n.respublicae.eu/ecb/status/1640262666794008577