The Price Cap on Russian Oil Is a Mixed Bag, Ging.

Podcast host Alexander Gabuev and Sergei Vakulenko, a new non-resident senior fellow at the Carnegie Endowment, discuss the energy dimension of the ongoing battle between Russia and the West. How successful was Russia’s plan to wreak economic havoc in Europe by choking gas supplies? Can Europe breathe a sigh of relief, or will Russian energy blackmail still a be threat next winter? How effective have Western energy sanctions been in cutting off the cash flow for the Kremlin’s war machine? And what impact has the war in Ukraine had on the green agenda, both in Russia and beyond? Read Vakulenko's piece on how Russian oil companies defied sanctions and paid less tax here: https://carnegieendowment.org/politika/89052