Western nations cap price of Russian oil over war in Ukraine
Clip: 12/5/2022 | 8m 12sVideo has Closed Captions
Western nations cap price of Russian oil over war in Ukraine
The G-7 group of leading industrialized nations, the European Union and Australia have agreed not to facilitate the export of Russian oil unless it's sold for $60 or less a barrel. The EU also banned all seaborne imports of Russian oil. Elina Ribakova, deputy chief economist at the Institute of International Finance, joins Nick Schifrin to discuss the impact of the moves.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Western nations cap price of Russian oil over war in Ukraine
Clip: 12/5/2022 | 8m 12sVideo has Closed Captions
The G-7 group of leading industrialized nations, the European Union and Australia have agreed not to facilitate the export of Russian oil unless it's sold for $60 or less a barrel. The EU also banned all seaborne imports of Russian oil. Elina Ribakova, deputy chief economist at the Institute of International Finance, joins Nick Schifrin to discuss the impact of the moves.
Problems with Closed Captions? Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...