The oil price cap should have been revised a long time ago. Sixty is already a completely outdated figure for the current market. It should have been lowered. But imagining that the G20 will now come together and decide to lower it from 60 to 45 — that’s unrealistic. There are already too many disagreements, too many conflicts, so it’s no longer possible to make it happen.
Referring to the oil price cap for Russia.
Expected
November 15, 2025
#Oil
#Economy
#Russia
#Economy of Russia
#G20
