Limits being placed on price paid to Russia for oil
jeudi 8 septembre 2022 à 23:32Several major economies are planning to impose a limit on the price paid to Russia for oil, starting in December. The price limit could apply to imports by other countries when the shipping involves EU countries in some way.
Russia says it will refuse to sell at that low price, and that will continue the contest of economic muscle. So far, Putin has come out ahead in this contest. The question will be whether other customers will buy all the oil Putin needs to sell.