Russian oil price cap has ‘largely failed’ – Politico — RT Business News

Russian oil price cap has ‘largely failed’ – Politico — RT Business News

Source link Moscow’s export revenues are higher than what was expected by the West, according to new analysis The price limit imposed by the G7 and EU countries on Russian seaborne oil sales has essentially failed, Politico reported on Tuesday, citing new research. The mechanism was agreed last year and bans Western firms from providing […]