An Untested Oil Price Cap Has Helped Choke Revenue to Russia
Briefly

In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video conference with the goal of striking a major financial blow to Russia.The Americans had been trying, in a series of one-off conversations last year, to sound out their counterparts in Europe, Canada and Japan on an unusual and untested idea.
Read at www.nytimes.com
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