Originally Posted by Houston_2
US and UK Evonomist send letters of support for the price cap on Russian seaborne oil to Janet Yellen.
Price caps should be in place late November, early December.
Fortune, WSJ
How does that work if it can be explained in simple terms? Does it make it unlawful for a signatory country to pay over that price? If a country does get desperate this winter and pays a premium what happens? Can non signatory countries acting as an agent for Russia buy the oil and sell it at market price to a signatory country?


Patriotism (and religion) is the last refuge of a scoundrel.

Jesus: "Take heed that no man deceive you."