The for-sixty-dollar question: a cap on Russian oil
The Intelligence from The Economist
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The Price Cap Dilemma: Russian Oil Sanctions
This chapter analyzes the newly implemented price cap on Russian oil and its repercussions in the global market. It discusses reactions from various nations, particularly Russia's strong opposition and Ukraine's concerns about the cap's inadequacy. The complexities of balancing Western sanctions against the need for stable oil prices are examined, along with the potential responses from non-Western countries like China and India.
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