Price cap on Russian oil: How’s that working out so far? (Not great)

1 year ago
2.42K

As part of measures designed to cripple the Russian economy, last year the G7 group of nations announced a price-cap on Russian crude.

However, with oil currently trading over the declared ‘60 dollars-a-barrel-payment-limit,’ Washington is expected to remind trading firms, insurers and tanker owners of the rules of its game.

-------------------------------------------------------------------------------------
Freedom over censorship, truth over narrative.
Follow us on Facebook: https://www.facebook.com/RTnews
Follow us on Telegram: https://t.me/rtnews
Follow us on Twitter: https://twitter.com/RT_com

Loading 9 comments...