Enforcing Russian oil price cap is problematic — Washington Post ...News

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Enforcing Russian oil price cap is problematic — Washington Post
The G7 wants to deprive Russia of oil revenue while also keeping supplies flowing The latest initiative to set a price ceiling for Russian crude announced by the Group of Seven nations last week may encounter significant difficulties, the Washington Post reported on Friday. The scheme pushed by the G7 (the US, Canada, the UK, Germany, France, Italy, and Japan) is aimed at solving several problems simultaneously. It aims to undercut the revenue Moscow receives from selling crude to the global market, while maintaining energy flows to the West, and also keeping global oil prices in check.  The plan, which is seen as

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