Global oil traders will stop buying Russian oil from May 15/Illustrative photo

< strong _ngcontent-sc83="">The Russian economy could be dealt a powerful new blow. Major oil traders are ready to support EU sanctions against Russia for attacking Ukraine and atrocities against civilians.

Russia's hopes to make big profits from oil sales may not come true. The occupiers are under sanctions, which major oil traders have decided to support.

Refusal to buy Russian oil

It is reported that the largest oil traders are ready to cut purchase of Russian oil from May 15th. It is reported that the decision was previously delayed due to the dependence of some European countries, such as Germany, on Russian energy carriers and the lack of infrastructure to switch to alternative sources of supply.

It is reported that traders will stop buying oil from Rosneft. Sanctions also allow you to buy Russian oil and gas strictly in the amount that is necessary for the energy security of Europe.

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