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Russian energy price cap

This episode discusses whether putting a cap on Russian oil price could backfire, and send the world economy into a tailspin.

A huge gamble by the EU led by the US: a price cap on Russian oil, a move that Russia up to this point has rejected. While the world economy is reeling from high oil prices, could putting a cap on Russian oil price backfire, and send the world economy into a tailspin?

In this edition of the Spotlight, we will look at this decision by the EU, which can now spillover into the gas sector.