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Ukraine Invasion: What would happen if Russian oil was banned?
Posted
March 7, 2022
Views
312,859
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March 7, 2022
312,859
1,820
782
0.83%
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2:19Now PlayingIf the West bans Russian oil exports it could mean a massive increase in price to over $300 a barrel, according to Russia's deputy prime minister Alexander Novak.
His comments come as oil prices have surged again amid the fighting in Ukraine because of concerns that the war could disrupt supplies.
Sky News' correspondent Paul Kelso takes a look at what banning Russian oil could mean for European countries.
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