Review and outlook after a year of oil price caps in Russia
One year after the introduction of the Russian crude oil price cap, Moscow’s circumvention strategies are calling into question the effectiveness of Western sanctions.
| Countries | Australie, Chine, France, Royaume-Uni, Inde, Italie, Japon, Russie |
|---|---|
| Companies | AIE, Rystad Energy, UBS |
| Sector | Pétrole |
| Theme | Politique & Géopolitique, Sanctions |
Since December 2022, a price-cap mechanism has required Russia to sell its oil to coalition member countries at a maximum of $60 a barrel. This system aims to limit Moscow’s revenues while allowing Russian crude oil exports to flow freely.
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