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Tightening Russian oil sanctions threatens global economy – Le Monde ...News
Further restrictions by the West could trigger a humanitarian crisis in the poorest countries, according to a report Western sanctions on Russian oil are proving to be ineffective, while attempts to further tighten the restrictions could undermine the global economy, French newspaper Le Monde wrote on Wednesday. The report indicated that tightening sanctions on one of the major oil-producing countries could send fertilizer prices soaring and would ultimately lead to higher global food prices. “The rise in oil prices would disproportionately affect the poorest countries, potentially pushing them into a humanitaria
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