Vladmir Putin’s next move could be to block the transit of gas through Ukraine to Europe, write Morgan Stanley analysts. This could cause energy prices to spike in Putin’s effort to retaliate against the world for imposing economic sanctions on Russia. New Sanctions The U.S. and the European Union announced a fresh round of economic sanctions on Russia in their efforts to punish to the country for its ongoing involvement in destabilizing Ukraine. Policymakers are hoping that these actions will encourage Russian President Vladmir Putin to help cool off the situation on the Ukraine-Russia border. But he very well could …read more
Source: Business Insider
