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Julian Lee: It’s Time to Scrap the Russian Oil Price Cap


Restrictions aren’t hitting Russia’s income, but they are raising environmental risks. It gives me no pleasure to say this, but it’s time to scrap the Russian oil price cap. The truth is, it isn’t working, and, worse, by forcing ever more Russian oil onto rusting old tankers that are engaging in inherently risky operations like

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Posted: October 1, 2023 Sunday 02:00 AM