G-7 joins EU on $60-per-barrel price cap on Russian oil

[edwest4]

G-7 joins EU on $60-per-barrel price cap on Russian oil

WASHINGTON (AP) — The Group of Seven nations and Australia agreed Friday to adopt a $60-per-barrel price cap on Russian oil, acting shortly after the European Union reached unanimous agreement on the same price earlier in the day.

apnews.com

 

[Grey Havoc]

Vladimir Putin threatens to cut oil output after G7 price cap (ft.com, subscription or registration may be required)

Why the price of oil has dropped despite new constraints on Russian supply

Crude settles at lowest level of 2022 after European embargo and G7 price cap take effect

www.ft.com

 

[Grey Havoc]

Sanctions loophole ‘lets Russian oil into Britain through the backdoor’

Efforts to punish Moscow threaten to be ‘nothing more than a press release’

www.telegraph.co.uk