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

Jeff 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 Opdyke

Jeff D. Opdyke is a financial reporter who has covered investing and personal finance for The Wall Street Journal for the past twelve years. He is the author of Love and Money: A Life Guide to Financial Success and now the lead journalist for the Global Intelligence Letter.

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