Home World News Latin America Why G7 Price Capping Won't Harm Russia, But Will Accelerate Inflation &...

Why G7 Price Capping Won't Harm Russia, But Will Accelerate Inflation & Recession in the West

By
SAT World News
-
Why G7 Price Capping Won't Harm Russia, But Will Accelerate Inflation & Recession in the West

The G7’s $60 price cap on Russian crude came into force on December 5, sending oil prices 3% higher. However, energy experts told Sputnik that this might only be the beginning of the rise in petroleum costs.

Sputnik News

South Africa Today – World News – Latin America

RELATED ARTICLESMORE FROM AUTHOR

Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.
© South Africa Today