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WORLD WAR III
See other WORLD WAR III Articles
Title: Ukraine Says Oil-Price Cap Won’t Dent Russia’s Ability to Fund War
Wall Street Journal
URL Source: https://www.wsj.com/articles/ukrain ... bility-to-fund-war-11670152525
Published: Dec 5, 2022
Author: Matthew Luxmoore
Post Date: 2022-12-05 18:09:42 by Charles_Byrd
KYIV, UkraineUkraine denounced a price cap on Russian oil agreed to by the U.S. and its allies as a weak measure that would fail to deprive Russias military machine of funds, as Moscow said it could stop supplying consumers in response. The Group of Seven agreed Friday to cap the price of Russian oil at $60 a barrel, moving forward with an unprecedented sanction against one of the worlds largest producers following its invasion of Ukraine.
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