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Julian Lee: Capping Russian Oil Prices Is Pure Fantasy


Putin has already shown that the country’s economy is of secondary importance to his imperialist ambitions. US Treasury Secretary Janet Yellen is at the forefront of calls for a cap on Russian oil export prices. Sounds like a great idea. Just don't expect it to work. Here's the problem. Russia earns billions of dollars from exporting oil.

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Posted: June 26, 2022 Sunday 01:00 AM