Russia Breaks Through Crude Oil Price Cap, Officially Breaking the Petrodollar

Jul 16th 2023 6:30am EDT

The West failed to shut Russia out of the oil market. This means the petrodollar is doomed. RT: Russia’s flagship Urals crude breached the $60 price cap set by the EU and G7 countries this week for the first time since the mechanism was implemented in an attempt to curtail Moscow’s oil exports. The Urals […]

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