- I am optimistic that Europe will continue to stand together against Russian aggression
- Everything I hear (on oil embargo) points towards a consensus
The EU today is discussing a watered-down Russian oil ban. It would apply only on crude bought by taker, because of objections by Hungary and others who rely on Russian pipeline imports. There's hope for a deal today.
Brent crude is up 78-cents to $120.21 today.
