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U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

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The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.

Author: ALAN RAPPEPORT

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Embargoes and Sanctions Europe European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Treasury Department United States Economy Yellen, Janet L

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