The Price Cap, the Shadow Fleet, and the Economics of Russian Oil Sanctions

Описание: Guest: Prof. Julien Daubanes – Technical University of Denmark.

In this episode of Policy Implications, Olha Zadorozhna talks with Julien Daubanes, associate professor at Technical University of Denmark. They discuss how sanctions on Russian oil are designed to reduce the Kremlin’s war revenues, how Russia has adapted by building a so-called “shadow fleet,” and why some sanctions that look tougher on paper may be less effective in practice. The conversation explores which sanction mechanisms hurt Russian oil profits the most and what policymakers in the EU, US, and G7 should prioritize going forward.

More details about the papers discussed in this episode may be found here:
“The Dynamics of Evasion: The Price Cap on Russian Oil Exports and the Amassing of the Shadow Fleet”: https://shorturl.at/3GcQB.

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