highlights

US-led move aimed at beating prices, not supplies of Russia’s vital oil exports

Controlling global tanker insurance is key to enforcing the price cap

The EU is still discussing including a price cap in the existing Russian oil sanctions

As the G7 group of rich nations continues to work out the fine print for a price cap mechanism on Russian crude oil and product exports, oil markets and shippers have to guess how and when the measures will be implemented…



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