U.S. sanctions against Gazprombank could lead to disruptions in payment processes for Russian oil and gas buyers, which might result in higher energy costs in Europe, as stated by experts quoted by Tass. Analysts are concerned that finding alternative payment methods, such as using other banks or currencies, could increase risks and complexity, ultimately pushing up hydrocarbon prices.
Alexander Frolov from the Institute of (…).
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<p>The post Sanctions on Gazprombank: European Energy Costs & Payment Disruptions Explained first appeared on CoinBuzzFeed.</p>