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  • Antony Blinken
    Antony Blinken “It's very important to emphasise that the presence of this surveillance balloon over the United States, in our skies, is a clear violation of our sovereignty, a clear violation of international law and clearly unacceptable.” 18 hours ago
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13 Dec 2022

“But in the end, all parties agreed to a cap of $60, because they saw that at that level Russia's profits can be vastly restricted without causing a major disruption to global oil markets that could send prices skyrocketing for everyone. Indeed, any lower price cap would have likely forced Russia to take drastic action - such as stopping all exports - and damaged all oil-importing nations alongside Russia.”

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Fellow at the Foreign Policy Research Institute and a Political Risk consultant based in London
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  • 13 December 2022
  • 14 December 2022
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