Movie Time 25 minutes 05 seconds
The West wants to cut the money flowing to Moscow’s war, but Ukraine says it is not enough.
After months of negotiations, the West and its allies have agreed to freeze the price of Russian oil at $60 a barrel.
The Group of Seven (G7), the European Union, and Australia hope to limit Moscow’s ability to finance its war in Ukraine.
The border only covers oil that is transported by sea.
Moscow has already been selling crude at very low prices to major buyers including China and India.
A spokesman says Russia does not approve of the move.
The president of Ukraine called it “disappointing”, saying that the price should be lowered to $ 30 a barrel.
So what does the cup get?
Presenter: Hearing Abughaida
Guests:
Sergei Markov – Director of the Institute of Political Studies in Moscow
Ulrich Brueckner – Professor of political science at Stanford University in Berlin
Chris Weafer – CEO of Macro-Advisory, a consultancy on Russia and Eurasia
