Brent, the world’s main oil price reference, operated just above US$ 125 around 7:45 am this Monday (7), up 6.33%, reaching the highest value in the last 14 years. Throughout the week the commodity accumulates high of 21%. The record price was boosted after US Secretary of State Antony Blinken said on Sunday (6) that the country’s government continues to talk to European allies about the ban on imports of oil from Russia, in retaliation for the invasion of the territory of Ukraine. “We are now talking to our European allies and our allies to look at, in a coordinated way, the possibility of banning the import of Russian oil, while ensuring that there is sufficient supply in global markets. The negotiations are very active,” he assured. blink.
Vetoing the purchase of oil would deprive the Kremlin of an important source of revenue, however, it could harm the world economy by causing an even greater rise in prices, which are already high. Because of this, Western governments are reticent to adopt the measure. Senators and deputies from both the Democratic and Republican parties have pressured Biden in recent days to stop the US buying oil products from Russia, on the grounds that the money from these imports is used to finance the war against Ukraine. .
On Saturday (5), Ukrainian President Volodymyr Zelensky met virtually with 288 members of the US Congress and asked for help to ban the purchase of Russian oil, a proposal that received support among lawmakers. This Sunday, the President of the European Commission (EU), Ursula von der Leyen, also in an interview with the US “CNN”, confirmed the desire for the bloc to stop depending on Russia and diversify energy sources, accelerating investment in renewable sources.
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