Is This The Only Way To Curb Russian Oil Revenues?

The West is looking to cap the price of Russian oil with the double goal of restricting Putin’s oil revenues while lowering energy bills for the biggest oil-consuming nations, including the top oil consumer, the United States.  The success of such a plan is far from certain, but there may be one surefire way to restrict Russia’s oil revenues—a way that would also inflict pain on the West. We’re talking about a recession. For weeks, the U.S. and partners have been discussing ideas, including banning all services enabling…