The British Exchequer underscored on Wednesday that the implemented price ceiling on Russian oil and oil products “successfully” managed to undermine Moscow’s ability to “fund” the “illegal war in Ukraine,” with the country’s income dropping by 20% between January and March 2023 compared to a year ago. “The oil price cap forms a critical part of the largest and most severe package of sanctions ever imposed on a major economy. We will continue to keep the pressure on Russia alongside our international partners,” Treasury Lords Minister Baroness Joanna Penn said. Namely, Russian oil export revenue decreased by $1.5 billion month-on-month in June to $11.8 billion, the Exchequer highlighted in the statement. According to findings from the Centre for Research on Energy and Clean Air, the price cap on crude oil is “costing Russia around €160 million per day.” NN: Where do they find these idiots. They are celebrating lighting their house on fire to kill the bed bugs. Oil has gone from $70 to $88 a barrel since Europe imposed price caps on Russian oil. That worked really well. I guess they showed Russia a thing or to. Almost a $20 a barrel price increase in 2 months. Wait to see what that does to the little inflation Ditti party they are throwing. Tell me MSSSSS Pen do you hear laughter?