I wish I knew more about people making money off of sanctions.
On the other hand, it seems like sanctions still hurt because it constricts the supply of money and then they get gouged by companies which have exemptions.
I can see the political problem with that but it still seems like it can be an effective way to pressure a country we don't want to invade.
Russia will be doing well with this.
I see my primary oil usage - gas - pushing close to $3/gallon.
If cost/barrel goes up they can start to make profits.
We will be defeated at home if gas prices break $3/gallon with summer driving season approaching.
Our best defense is domestic oil being used domestically.