Ukraine: The Latest cover image

Explosions at Russian air bases & the oil price cap comes into force

Ukraine: The Latest

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Russia Is Still Making Money From the $60 a Barrel Limit

The $60 a barrel limit, this figure was coming from after months of negotiations. On the one hand, you have countries like Poland, Estonia, Lithuania saying, look, the price is too high. So Russia is still going to be making money out of this. And because of the huge jump in the oil price, when Russia first invaded Ukraine, it's actually going to be make more money for oil this year than it did last year.

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