Monday Minisode: The European Union’s Russian Oil Embargo!

Matt talks about the European Union’s decision to ban importing Russian crude oil by sea and what this means for the continent’s energy portfolio.Analysts say that this will hurt the Russian economy in the long-term, but the move will also impact European energy residential and commercial energy prices.Matt breaks this down and then gets into what this means for Europe’s renewable energy transition.Sources for today’s episode:E.U. reaches agreement on a Russian oil import ban. - The New York Times (nytimes.com)An Embargo Will Bruise Russia’s Oil Industry - The New York Times (nytimes.com)