Why The U.S. Is Desperate For A Russian Oil Price Cap ...Middle East

OILPRICE - Economy
Why The U.S. Is Desperate For A Russian Oil Price Cap
The United States is looking to convince major oil importers, including Russia's key buyers these days, China and India, to endorse a plan to cap the price of Russian oil they are buying.  The U.S. and other major developed Western economies are wary of letting international crude oil prices spike later this year when the EU ban on providing insurance and financing for seaborne transportation of Russian oil takes effect in December.    Russia will be effectively shut out of more than 90% of the global oil shipment insurance…

Hence then, the article about why the u s is desperate for a russian oil price cap was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Why The U.S. Is Desperate For A Russian Oil Price Cap )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News