In this episode of Mapping Faultlines, Newsclick’s Prabir Purkayastha analyses the cap placed on Russian oil exports by EU, G7 countries, and Australia. The price cap came into effect almost a week ago. Any country purchasing Russian oil via sea using tankers, credit institutions, or insurance companies based in G7 or EU countries cannot pay more than $60/barrel to Russia. This is yet another move meant to squeeze the Russian economy, but will it have the desired impact?
#RussiaUkraineWar #RussiaUkraineCrisis #russiaukraineconflict
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3 Comments
First view 😃😃
Awesome evening dear💕💕💕
Mahangai Aam Janta ko Rulaa Rahee hai aur Kasht Pahuncha Rahee hai.—- Aam Jan Adhikar Manch, Buxar, Bihar.