The goal is not to embargo Russian oil - the goal is to reduce its profitability, hence the price cap. Sure 3rd parties will try to bypass the cap but not for free. Despite all the pleadges of friendship chinese and indians are buying russian oil below market price - and that is fundamentally the goal. Also 60 cap is quite high so I imagine ppl will not bother to doge caps if its already trading at around that.

of course Russians might try to still bypass it and accept sub 60 final price for the principle of it and/or to be ready when the cap drops to 50 or 40$