- Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a US official said, underscoring the limits of the most ambitious plan yet to curb Moscow’s wartime revenue.
- The forecasts on the resilience of the Russian oil trade and details of the discussions between Washington and the global oil and services industry have not previously been published.
- This would be lax enough to allow insurers to ask buyers of Russian oil to pledge in writing that sales would occur at, or below the price cap for the duration of their policy period.
Russia poised to largely skirt new G7 oil price cap
