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Amrita Sen, Energy Aspects head of research, joins ‘Closing Bell’ to discuss the relationship between weather changes and energy consumption, sectors with vulnerability to the rail strike and expectations for the EU embargo. For access to live and exclusive video from CNBC subscribe to CNBC PRO:Β

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12 thoughts on “The price cap does not impact Europe's ability to buy Russian oil, says Energy Aspects' Amrita Sen”
  1. The EU will soon collapse. they want to raise the price cap to try protect the maritime insurance companies but they will be screwed bankruptcy loom over them

  2. The G7 – minus Japan. Japan gets a pass and can buy Russian oil. The price cap is a joke and will ultimately push prices higher.

  3. Europe and The G7 can go F itself over the price cap. They dragged their feet with energy transition, stalled climate negotiations, then doubled down on Russian O&G! Now they want to lecture the rest of world and dictate terms to them. Do they think the Rest of the World especially the Global South is still subservient to their foreign policy? No. EU and the G7 wants to force a price cap to the rest of the world, they better compensate or subsidize their purchases the Global South first.

    Europeans, please get some extra sweaters and turn down your heaters. Y'all live in luxury compared to the rest of the world. Y'all can afford sacrifice some of your comforts.

  4. The wisest decision an individual could consider currently, Should be to invest in different streams of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in Stock, Gold, Silver and Digital currencies(BTC, SHIBA, ETH and lots more.). kudos to JOSEFTRADE

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