{"title":"Reducing Russia’s Oil Revenues","authors":"Jan Stockbruegger","doi":"10.1080/03071847.2023.2276303","DOIUrl":null,"url":null,"abstract":"On 5 December 2022, the EU, US and other G7 states imposed a price cap on Russian maritime oil shipments to help reduce income to the Kremlin while protecting the West’s energy supplies. Jan Stockbruegger assesses this experimental sanction and analyses the logic behind it, key findings so far and how policies could be improved to better enforce the cap.","PeriodicalId":509223,"journal":{"name":"The RUSI Journal","volume":"17 1","pages":"34 - 42"},"PeriodicalIF":0.0000,"publicationDate":"2023-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The RUSI Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/03071847.2023.2276303","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
On 5 December 2022, the EU, US and other G7 states imposed a price cap on Russian maritime oil shipments to help reduce income to the Kremlin while protecting the West’s energy supplies. Jan Stockbruegger assesses this experimental sanction and analyses the logic behind it, key findings so far and how policies could be improved to better enforce the cap.
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