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Opinion — World

Another Absurd Stratagem: Price Cap On Russian Oil

Expecting Moscow to respect the G7-proposed price cap or for other countries to abide by the stratagem is farfetched and doomed to fail.

,   and  tippinsights Editorial Board
4 min read
G7 Summit held at Elmau Castle, southern Germany on June 26, 202
(L-R) Italy's Prime Minister Mario Draghi, Canada's Prime Minister Justin Trudeau, French President Emmanuel Macron, Germany's Chancellor Olaf Scholz, US President Joe Biden, Britain's Prime Minister Boris Johnson, Japan's Prime Minister Fumio Kishida, European Commission President Ursula von der Leyen, and European Council President Charles Michel attend a working dinner during the G7 Summit held at Elmau Castle, southern Germany on June 26, 2022. (Photo by JONATHAN ERNST/POOL/AFP via Getty Images)

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