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A price cap on Russian oil can reduce Russian oil revenue even with limited compliance, by strengthening buyers' bargaining position.
Drawn from what Simon Johnson said
SubjectRussia
What Simon Johnson actually said
- Simon Johnson Economist; Ronald A
And the cap stands a good chance of lowering Russian revenue even if formal participation is limited - by strengthening the negotiating position for anyone willing to buy Russian oil.
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Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us
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