UChicago – Oil and War in Ukraine: An Inside Look at the Historic Effort to Cap Russian Oil Revenue

In the immediate aftermath of Russia’s invasion of Ukraine, the United States and its European partners imposed a wide-ranging package of economic and financial sanctions intended to end Russian aggression and bring the war to a close. On December 3, 2022, in a novel effort to reduce Russian oil revenues, the United States and other G-7 countries enacted a mandatory cap on the price Russia receives for its oil exports at $60/barrel.

On January 24, join the Becker Friedman Institute and Energy Policy Institute at the University of Chicago for a discussion on the implementation of the Russian oil price cap. Is it achieving its desired outcomes? Are there unintended consequences of this effort, and what are the prospects for ending the war? Ben Harris, Assistant Secretary for Economic Policy and Counselor to the Secretary, US Department of Treasury, will give featured remarks, and then join a panel of experts for a roundtable discussion. Following the roundtable, the participants will take questions from the audience.

This is an in-person only event. Video will be made available via BFI’s Youtube channel following the discussion.

Tags: , ,

Date

Jan 24 2023
Expired!

Time

6:00 PM - 8:00 PM

More Info

Read More

Location

University of Chicago | David Rubenstein Forum, Friedman Hall
1201 E. 60th Street, Chicago, IL, United States, 60637
Category

Organizer

Becker Friedman Institute at the University of Chicago

Contribute to this discussion

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of OurEnergyPolicy.org, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from OurEnergyPolicy.org.