EXPLAINER: What's the effect of Russian oil price cap, ban?

Explained: How the Russian oil price cap will affect the global economy

The cap proposed by US Treasury Secretary Janet Yellen aims to reduce Russia's oil earnings that support its military and the invasion of Ukraine. It is set to take effect on 5 December, the same day the European Union will impose a boycott on most Russian oil

What's the effect of Russian oil price cap, ban?

Twin measures could have an uncertain effect on oil price

EXPLAINER: What's the effect of Russian oil price cap, ban?

US Treasury Secretary Janet Yellen has proposed the cap with other Group of 7 allies as a way to limit Russia's earnings while keeping Russian oil flowing to the global economy

EXPLAINER: What's the effect of Russian oil price cap, ban?

Western governments are aiming to cap the price of Russia's oil exports in an attempt to limit the fossil fuel earnings that support Moscow's budget, its military and the invasion of Ukraine.

Explainer: What’s the effect of Russian oil price cap, ban?

Here are basic facts about the price cap, the EU embargo and what they could mean for consumers and the global economy.

EXPLAINER: What's the effect of Russian oil price cap, ban?

The deadline is looming for Western allies to agree on a price cap on Russia oil