Tetto al prezzo del petrolio russo. Work in progress (Reed Blakemore, Charles Lichfield, and Brian O’Toole, Atlantic Council)

The Russian oil “price cap,” which Group of Seven (G7) countries have been promising for some time in response to Russia’s war in Ukraine, is finally becoming a reality. Last week, the US Treasury Department’s Office of Foreign Assets Control (OFAC) published a determination to pursue the cap, along with detailed guidance for market actors. On Friday—after an extended period of haggling—European Union (EU) ambassadors reportedly signed off on an initial fixed cap of sixty dollars per barrel. Other participating members in the price cap will also have to sign off in the coming days.

What to expect from the new Russian oil price cap – Atlantic Council

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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