Risks to energy trades grow as West commits to Russia SWIFT ban, Central Bank sanctions

Highlights

Russian oil exports to see steeper discounts: McNally

More traders will ‘back away’ as sanctions risks expand

West on ‘conveyor belt to Iran-style sanctions’: analyst

The US, Canada and European allies Feb. 26 announced a new slate of sanctions on Russia for its invasion of Ukraine that will bar Russian banks from the international payment system…

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News Source: https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/022722-risks-to-energy-trades-grow-as-west-commits-to-russia-swift-ban-central-bank-sanctions

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