U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

By Alan Rappeport The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.

Source: U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

Category: International Relations, Prices (Fares, Fees and Rates), Oil (Petroleum) and Gasoline, United States Economy, Russian Invasion of Ukraine (2022), Embargoes and Sanctions, International Trade and World Market, European Union, Treasury Department, Group of Seven, Yellen, Janet L, Europe, Russia