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Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. official told Reuters,
Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S.
LONDON (Reuters) - Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. official told Reuters, underscoring the limits of the most ambitious plan yet to curb Moscow's wartime revenue.
Russia poised to largely skirt new G7 oil price cap | 2022-10-21 22:00:00
Russia has enough tankers to bypass an oil price cap, and G7 nations are mostly focused on mitigating self-damage from the price cap, sources said.