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Video: What the Ban on Russian Oil Means for Our Wallets

Jeff D. Opdyke · March 9, 2022 ·

Yesterday, the Biden administration unveiled a blanket ban on Russian oil imports. Not long after, Vladimir Putin announced that Russia would respond by restricting certain commodity exports.

These measures have, in effect, launched a new Cold War. And the impacts will be massive and wide-ranging (think gas at $5 per gallon).

So, earlier today, I sat down with Field Notes Managing Editor Ciaran Madden to discuss these sanctions and how we can protect our wallets from what comes next.

Check out the video of our conversation below…

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About Jeff D. Opdyke

Jeff D. Opdyke is an American financial writer and investment expert based in Portugal. He spent 17 years covering personal finance and investing for the Wall Street Journal, worked as a trader and a hedge fund analyst, and has written 10 books on such topics as investing globally and personal finance.

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