Russia’s oil industry is being hit particularly hard by the West’s “buyers strike” as Moscow struggles to replace lost sales
OPIS Global Head of Energy Analysis Tom Kloza joins Yahoo Finance Live to talk about consumer reactions to rising crude oil and gas prices, what the U.S. ban on Russian imported oil would mean, the pricing outlook for jet fuel, and the gas stations Americans are boycotting.
The London Stock Exchange has suspended trading in several energy companies and banks with strong links to Russia.