Elina Ribakova: The Global Market Share of Russian Oil Hasn’t Changed Since the Start of War in Ukraine

EXCERPT:

RIBAKOVA: "About the same. You know, I think we had this oil price cap, which had dual objective, which I'm afraid I have to compare with having cake and eating it too, a little bit. So, we wanted to have the Russian oil on the market, but at the same time lower Russian revenues. Well, we achieved the first objective. Russian oil is on the market. On the lowering of revenues, that is a bit more nuanced and complicated."