EU oil cap—what it might mean for rest of the world

The $60 price cap on Russian oil, explained - Vox

 

Being a follower of American geopolitical analyst and author Peter Zeihan, I was intrigued by his most recent discussion of the world-wide impact of the European Union’s $60 cap on Russian crude oil.

It is well worthwhile to spend a few minutes listening and considering his review of what the move could mean to the rest of the world, and to what kind of steps Russia could consider in reaction to the EU.

Click here for Zeihan’s commentary