Home / NEWS / World News / Price cap on Russian oil is a ‘ridiculous idea’ and could push oil to $140, says energy research group

Price cap on Russian oil is a ‘ridiculous idea’ and could push oil to $140, says energy research group

Gal Luft of the Organize for the Analysis of Global Security said a price cap would be like visiting a shop and asking the seller to accept shallow money.

Check Also

Asia is a ‘beacon of growth opportunities’ as global trade war heats up, Singapore deputy PM says

Asia intent remain a “beacon of growth opportunities” despite escalating global trade tensions, according to …

Leave a Reply

Your email address will not be published. Required fields are marked *