* See DC's list of Kook posters*
- A price cap on Russian oil could push Brent crude past $130 a barrel, BofA analysts said.
- Western leaders have touted the cap as an effective tool to combat energy inflation.
- But Russia could retaliate and send oil prices even higher, even if OPEC+ steps up production.
A price cap on Russian oil could push crude past $130 even if OPEC+ increases production, Bank of America says (msn.com)
Unfortunately Joe's Policy is unable to have an impact on this problem.