Commentary With the United States and many European Union countries imposing trade sanctions on Russia and banning the import of Russian oil, it is timely to see who the losers and winners are of this ban. As I have previously written, trade sanctions rarely hurt the country that they are imposed on as they are able to find alternatively buyers for their valuable products and commodities. In the case of Russian oil, you can even make more money than if there was no ban. Let me show you how. Russia currently produces around 11.3 million barrels of oil daily and exports 7.1 million barrels. Countries that import 4.8 million barrels have imposed bans, while countries that import the remaining 2.3 million have no bans with business as usual. The oil price jumped to its highest levels since 2008 as the U.S. and European allies considered banning Russian oil imports. In …