Price cap on Russian oil can work only if lowered to 35 USD instead of 60 USD – Ukraine’s Economy Minister

The new Price Cap Policy mechanism has significant potential but price restrictions for Russia must be revised downwards, Ukraine’s Minister of Economy Yulia Svyrydenko said. “The sanctions coalition once again demonstrated unity and developed a mechanism that has a significant potential to increase pressure on the aggressor state. This is an absolute plus…” she said. … Continue reading Price cap on Russian oil can work only if lowered to 35 USD instead of 60 USD – Ukraine’s Economy Minister