Source link Western attempt to curb Moscow’s revenues from crude exports have had the opposite effect Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews The G7 decision to impose a $60-per-barrel price cap on Russian oil aimed to curb Moscow’s revenue from natural […]
Tag: G7s
G7’s Russian oil price cap not working – FT — RT Business News
Source link The price cap on Russian oil introduced by the G7 and EU is being completely ignored, as almost no seaborne crude cargos have been traded below the $60-a-barrel limit, the Financial Times reported on Tuesday, citing Western officials and Russian export data. The mechanism, which was put in place to reduce Moscow’s export […]