How can they cap the price of Russian oil if they are not buying it?
“How can they cap the price of Russian oil if they are not buying it?”
Good question. This is something new that they are trying. Sort of a mix of a buyers cartel and secondary sanctions on other buyers. We’ll have to see the details when it comes out.
It was planned for December 5th, but now seems likely to be sped up, because of Russia’s escalation.
“How can they cap the price of Russian oil if they are not buying it?”
Easy, they can tell their Third World colonies to limit what they’ll pay.
Wait, sorry, they are FORMER colonies, and they no longer have to listen to the Decaying West anymore. They’ll likely start doing what is in THEIR INTEREST, which includes protecting their kids from gay recruiting (sorry Ukraine supporters, but that is what most of the Third World wants).