The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.
![europe’s-russian-oil-ban-could-mean-a-new-world-order-for-energy europe’s-russian-oil-ban-could-mean-a-new-world-order-for-energy](https://goldenrb.com/wp-content/uploads/2022/06/541444-europes-russian-oil-ban-could-mean-a-new-world-order-for-energy-600x300.jpg)
The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.