Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

Upworthy

Published

WASHINGTON, Dec 6 (Reuters) - When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to squeeze revenues to Russia's war machine, while avoiding a devastating oil price spike. But keeping Russian oil on the…

#moscow #centerforstrategicandinternationals #russian #iea #wallyadeyemo #mizuhosyawger #mizuho #bencahill #barclaysandrystadenergy #g7

Full Article