A price cap on Russian oil at $65-$70 isn't low enough reduce Moscow's revenue, RBC's Helima Croft says

A price cap on Russian oil at $65-$70 isn't low enough reduce Moscow's revenue, RBC's Helima Croft says

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Russian President Vladimir Putin. Mikhail Svetlov/Getty Images A Russian oil price cap at $65 to $70 a barrel is already about where Moscow is selling its crude, according to RBC's Helima Croft. That means a cap at that level won't reduce Russia's revenue and will keep its supplies on the market,…

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