G7 says Russian oil price cap to be ready ‘in the coming weeks’

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Oil price cap does not apply to resold cargo, so I guess Chinese and Indian traders will be buying all of the Russian oil they can get their hands on, and selling it to the G7 at a huge markup. It's laughable that they even came up with such a silly scheme

Gerçekten inanılması zor bir durum koskoca dünya ülkeleri bir Rus petrolü ve gazına alternatif bir çözüm bulup Putin’i maglüp edip masum Ukraynalı insanların vahşice katliamını durduramıyor

Bwhahhahah...... In other words, the G7 is ready for India to buy Russian Oil at a discount and resell it to the G7 at the market price. Giving India a nice profit spread.

How does it reconcile with 'free market' and 'free trade' If it works on Russia, who is next? Opek? Find another way to punish Russia, without destroying the world economy

The absurdity and arrogance assuming Russia will continue to sell to them is just mind blowing.

'Free market'

Simply this will not work since OPEC is against it.

Prices skyrocket when the freeze comes. Timed to perfection.

Higher oil prices for Christmas . Another own goal .

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