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Factbox: EU, Japan escalate Russia sanctions as pressure grows on US to include energy

The European Commission and Japan intensified their plans for Russia sanctions on Feb. 27 as the US and EU coordinated on details to implement the pending ban on Russian banks using the SWIFT international payment system that could impact the trading of Urals crude oil. Meanwhile, crude oil futures opened substantially higher Feb. 27 as .

Can wealthy nations stop buying Russian oil?

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