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Russian oil will continue to flow despite sanctions and price caps
2 years ago
20
Russia will continue to be able to ship most of its oil to customers after the G7 price cap mechanism comes into force on December 5, Reuters reported on Friday, saying the country has access to enough tankers and services, its own as well as those in Asia, to continue trade. According to a US Treasury official quoted by Reuters, between 80% and 90% of Russian oil could continue to flow outside the cap mechanism.
Here's the links:
https://www.rt.com/business/565093-russia-oil-price-cap/
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