Trump just blacklisted half of Russia’s oil exports and now China and India are in full panic mode
Washington’s latest sanctions have sent shockwaves through Asia’s energy markets. The decision to blacklist Russia’s two biggest oil exporters, Rosneft and Lukoil, has done more than tighten the screws on Moscow, it has thrown China and India into a scramble over how to keep their refineries supplied without losing access to the U.S. financial system. …