How Russia hits back at the West

Reading time: 3 min

12/15/2022 08:00 a.m

The West has set a price ceiling for Russian oil. Russia is now taking announced retaliatory measures. Uncertainty remains in the oil market.

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How Russia is fighting against the oil price ceiling

Chancellor Olaf Scholz. Russia’s response to the oil price cap is not what the West had hoped for. (Photo: dpa)

Photo: Kay Nietfeld

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