Leaders | Will the cap fit?
The West’s proposed price cap on Russian oil is no magic weapon
The global energy system is far more flexible than you think
Editor’s note: After months of negotiations, on December 2nd the G7, European Union and Australia agreed to impose a $60-a-barrel cap on shipments of Russian oil.
This article appeared in the Leaders section of the print edition under the headline “Will the cap fit?”
Leaders December 3rd 2022
- Xi Jinping’s zero-covid policy has turned a health crisis into a political one
- The West’s proposed price cap on Russian oil is no magic weapon
- Trustbusters should let Microsoft buy Activision Blizzard
- Why Russia’s cyber-attacks have fallen flat
- Sexual problems can wreck lives. Yet remedies are often simple
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