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Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Instituting a Price Cap on Russia's Oil: Q & A with Professor Catherine Wolfram

| Dec. 06, 2022

Catherine Wolfram, former Deputy Assistant Secretary for Climate and Energy Economics at the Treasury Department, co-authored a Belfer Center policy brief explaining the recent G7 price cap on Russian oil. In an interview with Belfer Center Communications Fellow Ada Eziokoli, she explains that the novel plan keeps Russian oil on the market, but helps limit the revenues Russia gets from the oil trade to use in the war on Ukraine.