Putin's War Budget Won't Take a Hit From Oil Price Cap
The Group of Seven’s price ceiling on Russian oil exports isn’t low enough to take a big bite out of the Kremlin’s revenues next year and economists say even if it does lead to a drop in crude production, Vladimir Putin still has plenty of cash for his war effort, at least for now.
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### Response: The Group of Seven’s price ceiling on Russian oil exports isn’t low enough to take a big bite out of the Kremlin’s revenues next year and economists say even if it does lead to a drop in crude production, Vladimir Putin still has plenty of cash for his war effort, at least for now.