G-7 'price cap' will hurt Russian oil — and it probably doesn't matter if China and India sign on
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G-7 'price cap' will hurt Russian oil — and it probably doesn't matter if China and India sign on

CNBC's Ted Kemp explains how The Group of Seven wealthy nations' price cap on Russian oil will lower the price Moscow can get from any buyer, whether they're part of the price cap agreement or not.
11:25
Tue, Sep 13 20229:38 PM EDT