Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, June 11, 2015

The Evolution Of The Oil Weapon

The Evolution Of The Oil Weapon
By John Manfreda of Oilprice.com - Washington DC (SPX) Jun 11, 2015 In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on countries such as Syria, Venezuela, and North Korea, but the majority of energy related sanctions passed have been targeted at Iran and Russia. An estimated 68 percent of Russia's government revenu ... more http://www.oilgasdaily.com/reports/The_Evolution_Of_The_Oil_Weapon_999.html

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