The Price Cap Proposal Could Cause a Spike in Oil Prices

The price cap proposal is designed to both, o lower russian revenues that they use to support their economy and fight this ilegal war. More than 90 thousand railroad workers in the us are poised to go on strike at the end of this coming week. The move could reaveit on supply chains that are already having some issues. And it is possible that that could cause a spike in oil prices.