Quote:
Originally Posted by aussenseiter
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But that was already the Russian barrel price. It's always cheaper than Brent.
How does capping it do anything?
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Because europe/the West insures 99% of oil tankers coming out of Russia, they can’t sell it at above the price cap to anyone in the world
Russia was selling exported barrels of tanker oil at much greater prices than that price cap. I have no idea where you’re getting your information, not anyone in oil clearly