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Russia Defies Sanctions by Selling Oil Above Price Cap - The Wall Street Journal

The Wall Street Journal · last updated

Russia Defies Sanctions by Selling Oil Above Price Cap - WSJ

Updated July 23, 2023 12:03 am ET

Russia notched a victory in the fight for influence over global oil markets in recent days when the price of the country’s most coveted crude traded above a Western price cap imposed to starve Moscow of funds for the war in Ukraine.

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