The Ridiculous Reality of the Russian Oil Price Cap Debate in One Picture – Mish Talk

Image courtesy of Bloomberg, annotations by Mish.

Image courtesy of Bloomberg, annotations by Mish.

EU Talks Stall Over Price Level for Proposed Russian Oil Cap

Bloomberg reviews EU Talks Stall Over Price Level for Proposed Russian Oil Cap

The EU’s government arm proposed a stage of $65 a barrel, which Poland and the Baltic nations rejected as being too beneficiant to Moscow, the folks mentioned. But a number of nations with main transport industries, together with Greece, don’t wish to go under $70, the higher finish of the vary put ahead by the EU earlier Wednesday.

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