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A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now

A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now

October 22, 2023October 22, 2023 · Finance

FRANKFURT, Germany — For months after Ukraine‘s Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic. Most of Moscow’s…

Read more A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now
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