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Price Cap on Russian Oil Not Working as Intended, Yellen Admits

The price cap is one of the West’s many inventions to curb Russia’s participation in the international markets, in response to Moscow’s role in the Ukraine conflict. ....

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Russia Winning War Against West's 'Hot Air' Oil and Gas Sanction Threats

The G7 has shown signs of ditching its artificial below-market price cap on Russian oil exports by. David Tawil suggested the policy had been hot air from the start, and that reality was dawning on Western leaders. ....

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