Attempts to "cap" Russian oil prices may not succeed


2022-12-07: [Chinese Article Link] Zhou Mi. Researcher, Institute of International Trade and Economic Cooperation, Ministry Recently, the G7 and the EU agreed to set a price of $60 per barrel for Russian exports of crude oil. Instead of increasing collective bargaining power, buyers in these crude oil markets have directly imposed a


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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Attempts to "cap" Russian oil prices may not succeed


2022-12-07: [Article Link] Zhou Mi. Researcher, Institute of International Trade and Economic Cooperation, Ministry Recently, the G7 and the EU agreed to set a price of $60 per barrel for Russian exports of crude oil. Instead of increasing collective bargaining power, buyers in these crude oil markets have directly imposed a

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.