The G-7’s ‘price cap’ will hurt Russian oil — and it almost certainly will not matter if China and India indication on

The G-7’s ‘price cap’ will hurt Russian oil — and it almost certainly will not matter if China and India indication on


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CNBC’s Ted Kemp clarifies how The Team of 7 wealthy nations’ selling price cap on Russian oil will lower the value Moscow can get from any purchaser, no matter if they’re component of the rate cap settlement or not.



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