#Putin's #Oil Empire Gets Double Boost
The #US will not back an #EU proposal to impose a price cap on #RussianOil that seeks to curb revenues for Russian President Vladimir Putin's #war machine, acc/to Bloomberg.
#Russia could also benefit from the spike in oil prices following #Israel's attack on #Iran, a major producer of the commodity.
#geopolitics #Ukraine #StandWithUkraine
https://www.newsweek.com/russia-putin-oil-sanctions-price-cap-2085549