Will a Russian oil price cap end the invasion of Ukraine?
Dec 5, 2022
After months of negotiations, Western nations and their allies have agreed to cap the price of seaborne Russian oil at $60 a barrel.
Dec 5, 2022
After months of negotiations, Western nations and their allies have agreed to cap the price of seaborne Russian oil at $60 a barrel.
They hope it will reduce Moscow's ability to fund its war in Ukraine.
A spokesman says Russia won't accept the move, while Ukraine's president wants the price to be lowered to $30 a barrel.
So what will the cap achieve?
Presenter: Dareen Abughaida
Guests:
Sergei Markov - Director, Institute of Political Studies
Ulrich Brueckner - Professor of Political Science, Stanford University in Berlin
Chris Weafer - CEO of Macro-Advisory, a consultancy focused on Russia and Eurasia
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