2 Items

An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia

AP Photo, File

Policy Brief - Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government

The Price Cap on Russian Oil Exports, Explained

| Dec. 05, 2022

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions. The policy is designed to reduce Russian fossil fuel revenues while keeping Russian oil on the market. In this brief, Catherine Wolfram, Simon Johnson, and Łukasz Rachel explain the basic economic principles at work and discuss some of the critiques of the price cap. 

- Belfer Center for Science and International Affairs, Harvard Kennedy School Quarterly Journal: International Security

Belfer Center Newsletter Summer 2011

| Summer 2011

The Summer 2011 issue of the Belfer Center newsletter features analysis and advice by Belfer Center scholars regarding the historic upheavals in the Middle East and the disastrous consequences of the earthquake and tsunami in Japan. The Center’s new Geopolitics of Energy project is also highlighted, along with efforts by the Project on Managing the Atom to strengthen nuclear export rules.