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Unusual Whales Pod #5: Oil Market, Energy Crisis, and European Doom

Unusual Whales

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Russian Cruids and the Oil Price Cap

trcey: Price caps do not work. All they do is insigt worse problems, in my opinion. They can circumvent sanctions by creating their own market. Also, if they really wanted to, they cannottis to cut everybody off, shut production down and raise global oil prices a pretty much give the finger to everybody else.

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