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Russia warns of $300 oil, Nord Stream 1 closure if West bans energy imports

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Russia warns of $300 oil, Nord Stream 1 closure if West bans energy imports

Check here for the latest news on how the conflict is affecting markets, businesses and the economy

An anti-war protester displays a placard calling for an embargo on Russian oil and gas at a rally in Berlin.

An anti-war protester displays a placard calling for an embargo on Russian oil and gas at a rally in Berlin. Photo by JOHN MACDOUGALL/AFP via Getty Images

Russia’s invasion of Ukraine has sparked unprecedented economic and financial retaliation from western nations which are piling on sanctions in what France has called “all-out economic and financial war.”

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