Russian oil price caps have crushed Moscow's war revenue to start the year - despite widespread violations
from the Kyiv School of Economics found that the West's price caps on Russian oil have been effective overall despite widespread violations.
That means companies in the G-7 and EU must abide by the price caps to provide any shipping, insurance or related services for Russian exports anywhere in the world. The UAE, Hong Kong, and Singapore were among the top buyers of crude above $60 a barrel in the first quarter, they noted.KSE concluded that stiffer enforcement of existing sanctions are necessary. That could take the form of risk-based audits for price-cap compliance, ramping up countries' alignments of sanction efforts, and increasing transparency for transactions that don't involve Western services.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Türkiye holds 'constructive' meeting with Russia, Iran, Syria in MoscowQuadrilateral meet involving defence ministers and intelligence chiefs discuss strengthening security in Syria and normalisation of ties between Ankara and Damascus.
Leer más »
Russia Urges Nations at U.N. to Reject U.S.-Led Isolation Effort Over UkraineRussia urges countries at the United Nations to reject a U.S.-led effort to isolatie Moscow over its war in Ukraine, a diplomatic push that is drawing the West’s condemnation
Leer más »
Putin signs decree taking over Russian assets of two foreign firmsPresident Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if need be.
Leer más »
Twitter changes stoke Russian, Chinese propaganda surgeThe platform is no longer labeling state-controlled media and propaganda agencies, and will no longer prohibit their content from being automatically promoted or recommended to users.
Leer más »
Russian troops too 'exhausted' to defend front line: ISWA new assessment paints a damning picture of the condition of Russian President Vladimir Putin's troops in Ukraine.
Leer más »
OPEC's share of Indian oil imports hits 22-year low amid cheap Russian crudeIndia is gorging on cheap Russian oil - and it's crushed OPEC's market share in the country to a 2-decade low
Leer más »