Yellen: No decisions made yet on the dollar-level of the oil price cap

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Yellen: No decisions made yet on the dollar-level of the oil price cap

<p>Here are two headlines that make no sense to me:</p><ul><li>We're not asking other governments outside the price cap coalition to do anything</li><li>Potential purchasers of n oil need to understand they will be subject to oil price cap</li><li>Not trying to extend energy coalition beyond G7, EU and Australia</li></ul><p>So a country like India will be subject to it but doesn't need to do anything? But what if India buys n oil above the price cap? </p><p>Part of me wants to see them try this price cap just to see it fail spectacularly.</p>

                This article was written by Adam Button at forexlive.com.

Source: Yellen: No decisions made yet on the dollar-level of the oil price cap

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