Joke number 2: The EU decision excludes inland pipelines, which covers Hungary, Slovakia, the Czech Republic and Germany (and probably everyone else through them) 😂😂😂
Very simply, further ban on Russian oil would tighten a crude market already strained for supply amid rising demand for gasoline, diesel and jet fuel ahead of the peak summer demand season in the United States and Europe.
Underscoring market tightness, the Organization of the Petroleum Exporting Countries and allies including Russia, a group dubbed OPEC+, are set to rebuff Western calls to speed up increases in output when they meet on Thursday.
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