Carlyle Group's Jeffrey Currie: Here's what to make of new U.S. sanctions on Russian oil
Welcome back to the exchange. Oil jumping nearly 6% today as the Trump administration puts additional sanctions on Russia's two largest oil companies. WTI crude now at $61 a barrel.Brent at 65. Our next guest says the physical impact will be immediate. For more, let's bring in Jeff Curry.He's chief market strategy officer of Energy Pathways at the Carile Group. Uh so Jeff, sort of get us up to speed here. We were talking about this oil glut in the market and now we're talking about sanctions on Russian oil. ...